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These stores engage in the retail sale of medical equipment used by medical professionals and the public. Equipment and supplies used in hospitals and doctors offices may include surgical instruments, dentist equipment, X-ray machines, artificial limbs and syringes. Rental services may be available for items such as crutches, wheelchairs, breathing equipment and portable oxygen tanks. Stores may offer equipment sterilization services for doctors and other medical professionals.

General Liability Insurance for Medical Equipment Supply Stores – Medical equipment supply stores should ensure the customers’ safety by providing plenty of walking space that is clutter free. Space should be large enough for wheelchairs to flow freely. Electrical or phone wires should not transverse walkways. Items like crutches and walkers are unstable and need to be properly displayed so they are not a hazard to the customers. Sidewalks and parking areas should be maintained and in good repair. Wheelchair ramps should be accessible and in good condition. Products Liability is increased when medical equipment supply stores provide rentals. Rental equipment should always be in working order and regularly maintained. Employees should be trained in the proper usage of the rental equipment so they can make recommendations according to the manufacturers’ instructions. Employees who give faulty advice or instructions about the equipment can trigger a product liability exposure. Stores that offer sterilization services are also at an increased risk of products liability.

Workers’ Compensation Insurance for Medical Equipment Supply Stores – Employees should be properly trained to operate the medical equipment. Injury may occur when employees are demonstrating the equipment to customers or setting the equipment up for display. Medical equipment supply store employees may also get hurt when doing repair work or lifting heavy objects. Any employee with a prior back injury or similar injury should never attempt to lift anything over 20 lbs. unless they are cleared to do so by their doctor. Safety training should be also provided.

Business Auto Insurance for Medical Equipment Supply Stores – Medical equipment supply stores often provide Delivery services. The risk of auto accidents is increased as a result. Drivers should maintain good driving records and have their MVRs checked often. Delivery vehicles should always be in good working order with regular maintenance records on file. Business Auto risks can also be reduced by the use of recent model vans, trucks, and/or sedans. The use of cell phones should be limited while deliveries are being made in order to reduce accidents.

Property Insurance for Medical Equipment Supply Stores – Fire risks are increased if oxygen tanks are present in Medical Equipment Supply Stores. Oxygen tanks must be handled and stored properly. Smoke from a fire could contaminate sterile supplies and result in a loss. Buildings that are over 20 years of age will have higher risks of fire if there wiring and electrical systems have not been updated. Systems should be in place to reduce potential damage of a fire.

Crime Insurance for Medical Equipment Supply Stores – Theft of money, securities and equipment may occur by dishonest employees. Medical Equipment Supply Stores should have procedures in place to reduce the risk. Employees who deposit and withdraw funds should not be allowed to reconcile bank statements. Checks should be deposited on a daily basis. A counter signature should be required on all issued checks. Merchandise should be controlled by performing routine inventory counts. Alarms and security systems could deter burglars from stealing money from the store.