Claims-made policies cover claims filed while the policy is active — the incident must have occurred after the retroactive date. When you cancel, you need tail coverage to extend the reporting window. Occurrence-based policies cover claims arising from incidents that happened during the policy period, whenever the claim is filed — no tail needed.
Claims-made runs 15% to 30% cheaper in early years but requires the tail payment at exit. Occurrence-based runs steadier over time. Most Southeast dental practices carry claims-made because the day-one cost advantage compounds — but every buy-sell agreement should specify who pays for tail. Call Bridgeway at (877) 418-2484 to compare on your renewal.
