We are often asked how much non-emergency medical transportation insurance costs. In an attempt to answer basic pricing questions, examples are below. However, pricing varies since each business is different. Firm pricing depends upon your claims history, experience in the industry, driver records, geographic area serviced, and many other factors.
Examples are per vehicle, per year, for $1,000,000 liability limits. These are beginning premiums and are adjusted upwards based upon the above factors. For example, prices can double for poor driving records.
- Rural: $3,500
- Suburban: $4,500
- Urban: $5,500
- Large cities such as northern VA and DC, NY City, etc.: $7,500
Note: Further complicating the pricing question is the fact that the commercial auto insurance industry has lost money since 2011 due to rising claims. As a result, insurance carriers are increasing prices. We recently observed one of our insurance carriers raise premiums in Michigan 60%. We also observed a situation where quotes for NEMT providers located in one city in Texas were normal, but for providers located in a neighboring city the rates increased to around $12,500 per vehicle per year. We can quote with several insurance carriers, thus the only current way to obtain an accurate price estimate is to submit a complete application and obtain a firm quote.