How much does NDIS provider insurance cost?

The full answer

NDIS insurance premiums vary by service type and revenue size. Standard coverage: Public Liability $20M ($800-$2,000/yr for personal care; higher for SIL), Professional Indemnity $5M ($400-$1,500/yr for allied health; lower for personal care), Workers Compensation (state-mandated, $800-$2,500/yr depending on state and number of employees). Optional add-ons: Abuse Liability ($500-$1,500/yr), Cyber Liability ($300-$1,000/yr), Directors & Officers ($400-$1,000/yr). For a $500K SMB provider, expect $1,500-$3,500/yr all-in. NDIS-specialist brokers like Guild Insurance or NDIA Insurance Brokers offer better rates than general brokers. Shop around every 2 years — premiums have increased 20-30% CAGR since 2020.