FAQs About NEMT Insurance featured image

FAQs About NEMT Insurance

Find the answers to some of the most frequently asked questions about non-emergency medical transportation insurance.

If you are a non-emergency medical transport (NEMT) provider, then you probably have a number of questions about the type of insurance coverage you need. From your patients and employees to your business and vehicles, there are many different aspects you need to ensure you have the right coverage. With that, we’ll take a look at the answers to some of the most frequently asked questions about NEMT insurance in today’s post.

At The Wright Risk Consultants, our business is located in Tennessee, and we are proud to serve clients across not only our own state, but also across Georgia, Mississippi, Alabama, and beyond. Whether you have been in the business for years or are just getting started, we can provide the information you need to make the right decision about your insurance. Contact us today to get a free quote.

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1. What information will I need to submit to receive an insurance proposal for my NEMT business?

While this question is fairly straightforward, the answer is a bit more complex. The reason is that there are a number of factors about each medical transportation business that make its insurance needs unique to it. Some of the factors that we take into account when determining your insurance proposal include:

  • The size of your business
  • The length of time you’ve been in business
  • The location of your business and your service area
  • Any previous losses or insurance claims
  • Moving violations of drivers
  • Amount of property to be covered
  • And more

With that, there are a few documents you can expect to provide, including:

  • Motor vehicle reports for all current and pending NEMT drivers
  • Loss report that spans the last three to five years
  • Year, make, model, and VIN number for all fleet vehicles
  • Estimated value of all vehicles
  • Itemized list of special equipment added to vehicles

2. Can I get coverage from several different agents in order to get the best deals?

Generally speaking, this is not advised for any clients as it is not in your best interest. For example, if something were to happen to your NEMT business that fell between the coverage of the two policies, you could find yourself in a situation where both agencies are pointing the finger at the other and claiming they’re not at fault. You could be stuck trying to cover an expensive situation where neither insurance company will help, as it was not covered under either policy. In order to ensure you have the best NEMT insurance for your business, we advise you to utilize one policy with one company. You can contact our team of insurance professionals at The Wright Risk Consultants in Tennessee for a free quote.

3. How long will I need to wait between submitting my information and getting an insurance proposal?

Once we have received all of your paperwork, you can expect an expedient and smooth process. Typically, not all of the information is received in the first submission, which can extend the timeline a little bit. The size of your quote will determine the time needed to create your insurance proposal. Smaller fleets are generally easier to quote, with the timeframe extending as the size of the business increases. If timing is a crucial factor, please be sure to let us know when you contact us so we can give you our best estimate on finalizing your NEMT insurance proposal.

NEMT Insurance in Tennessee

The Wright Risk Consultants are located in Tennessee, and we are proud to offer superior NEMT insurance coverage for clients in our state, as well as in Georgia, Mississippi, Alabama, and beyond. Whether you are just getting started in the non-emergency medical transport business or are looking for a different insurance provider, we would love to help. Contact us today to learn more about our insurance policies and get a free quote.