Business Details
32 Years
experience
Trusted Dental Insurance Solutions in Richardson, TX
Wallace Specialty Insurance Group has specialized in dental professional liability, disability, life, and practice insurance for over 30 years. Our team of experienced agents understands the unique risks faced by dental professionals, offering tailored coverage solutions for new graduates, associates, and practice owners. We prioritize client needs, providing competitive quotes, personalized service, and comprehensive policies that protect both personal and business assets. With a focus on transparency and expertise, we serve as trusted advisors to over 6,000 satisfied clients nationwide. 
Services
Professional Liability Insurance
Disability Insurance
Life Insurance
Business Owner's Policy
Workers Compensation
Cyber Liability Insurance
Commercial Auto Coverage
Group Health Insurance
Umbrella Policies
Flood & Earthquake Insurance
Details
- Year established: 1994
Highlights and features
- We offer over 30 years of experience in dental-specific insurance solutions
- Our team provides personalized service with prompt response times
- We deliver competitive quotes with comprehensive coverage options
- Our advisors specialize in understanding dental practice risks
- We offer 24/7 support for policy customization and claims assistance
What people say
Prompt customer service
Competitive quotes
Knowledgeable agents
Comprehensive coverage
Personalized solutions
Services
Professional Liability Insurance
Professional liability insurance defends against allegations of treatment errors resulting in patient harm. Our policies provide legal defense and financial protection for individual practitioners and dental entities. Coverage extends to clinical complaints filed with dental boards and includes occurrence-based and claims-made policy options tailored to dental specialties.
Disability Insurance
Disability insurance replaces income when professionals cannot work due to injury or illness. We offer 'own occupation' policies that protect earnings for solo practitioners and business owners. Coverage includes overhead expense reimbursement and loan payment protection for dental practice owners maintaining practice operations during disability periods.
Business Owner's Policy
BOP packages protect dental practices with property, liability, and business income coverage. Policies include equipment protection, data breach response, and employment practices liability. Customizable endorsements address flood, earthquake, and cyber risks specific to dental office operations and leasehold improvements.
Workers Compensation
Workers compensation covers medical expenses and lost wages for employee workplace injuries. Our policies include employers liability protection and comply with state requirements. Coverage defends against lawsuits in non-exempt states while protecting practice assets from personal liability claims related to employee injuries.
Cyber Liability Insurance
Cyber liability insurance addresses HIPAA violations and patient data breaches. Coverage includes notification costs, credit monitoring, and legal defense against regulatory actions. Policies protect electronic health records stored in practice management systems and address increasing cybersecurity threats facing healthcare providers.
People
Kyle Wallace
Founder
With over 30 years in dental insurance, Kyle established Wallace Specialty Insurance Group to provide tailored coverage solutions. He specializes in practice risk management and has served dental professionals since graduating from dental school in 1999.
Dulce Lee
Senior Advisor
Dulce Lee brings extensive experience in dental malpractice and business insurance. She provides personalized service to practice owners, offering competitive quotes and comprehensive coverage options while maintaining 24/7 client availability.
Questions
What insurance coverage do new dental graduates need?
New graduates should prioritize professional liability and disability insurance. These protect against malpractice claims and income loss from unexpected disabilities while establishing their careers.
How does entity malpractice coverage differ from individual policies?
Entity coverage protects dental practices against vicarious liability claims for associate dentists' actions, while individual policies only cover the named insured practitioner's personal liability.
What business insurance policies are essential for dental practices?
Critical policies include Business Owner's Policy (property/liability), workers compensation, cyber liability, and employment practices liability insurance to protect against common operational risks.
Do you offer group health insurance for dental practices?
Yes, we provide small group health insurance solutions that offer better pricing and options compared to individual marketplace plans for dental practice employees.
How does disability insurance protect dental practice owners?
Business disability policies cover overhead expenses and loan payments when owners cannot work, maintaining practice financial stability during extended absences from practice.
What additional coverages address modern dental practice risks?
We recommend cyber liability insurance for electronic patient data protection and commercial umbrella policies for enhanced liability limits beyond standard policy maximums.
