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Cost and Coverage Considerations
The cost of E&O insurance for occupational therapists can vary based on several factors, including the size of your practice, the number of therapists covered, and the specific risks associated with your services. On average, occupational therapists can expect to pay between $500 and $1,000 annually for coverage, although this can vary based on location and the provider. It's important to compare different policies and providers to ensure you receive comprehensive coverage at a competitive rate. Many insurers offer customizable plans that allow you to tailor your coverage to meet your specific needs and budget.