What medical malpractice insurance covers:
Medical malpractice coverage (a specific type of professional liability insurance designed for medical professionals) addresses liability that may arise from covered claims related to errors in diagnosis, treatment, aftercare, or overall health management. This insurance is also commonly referred to as medical liability insurance.
Various plans are available, such as occurrence, claims made, and modified claims made coverage through top-rated insurers, ensuring medical professionals receive the protection they need.
How much does medical malpractice insurance cost?
Premiums vary based on several factors, including but not limited to: specialty, procedures, hours, claims history, entity type, and geographic litigation patterns.
We’re committed to putting your needs first and helping you manage costs proactively.
We provide cover for
You make life-saving decisions daily — rely on coverage designed to support your critical responsibilities.
Face every shift with confidence, backed by insurance tailored to meet the demands of nursing care.
Provide exceptional care knowing your coverage is built to support the demands of dental practice.
Treat every patient confidently with insurance that understands the risks and rewards of veterinary care.
Your care makes a difference — stay protected with coverage built for your fast-paced clinical role.
Your team is driving better outcomes — protect your practice with coverage designed for today’s clinical demands.
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Is it time to examine your current policy? Remember, what you don’t know can hurt you.
The simplest way to mitigate risk is through thorough preparation. At Actuate Insurance, we are best placed to help enhance your preparedness.
With our extensive experience and deep industry knowledge, we are confident in our ability to tailor a competitively priced insurance program that addresses your unique needs.
Simply complete the form to request a free, no-obligation quote, and we will contact you to discuss your options.
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In the ever-evolving health care landscape, it’s not always “business as usual,” so having the right commercial insurance is essential.
It’s the nature of medicine for complications to occur. Make sure you and your practice are properly covered when allegations arise.
Your health should be a priority too. There is no time like the present to review your health benefits, explore options, and maximize savings.
FAQs
We specialize in customizing comprehensive professional liability insurance designed to meet the diverse needs of health care professionals across the healthcare industry, including:
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- Doctors
- Surgeons
- Nurses
- Retiring Physicians
- Residents
- Medical Students
- Practices, Hospitals & other Health care Facilities
Medical malpractice insurance, also known as medical professional liability (MPL), is essential for protecting against claims that arise from allegations of errors in diagnosis, treatment, aftercare, or health management. It provides a safety net if a lawsuit occurs, especially in high-risk specialties.
Medical malpractice insurance is not required in every state, but it is a prudent decision for all medical professionals. Carrying this insurance helps safeguard against potential claims and ensures the stability and integrity of your practice.
Medical malpractice insurance is not mandatory in every state. However, there are several states including Colorado, Connecticut, Kansas, Massachusetts, New Jersey, Rhode Island, and Wisconsin that require physicians to carry and maintain it.
It is beneficial to periodically review your coverage, assess the reasons for your choices, and discuss any current options that might be relevant. This ensures you are up-to-date with changing medico-legal conditions and aware of insurance requirements specific to your state.
While both protect against negligence claims related to professional services, medical malpractice insurance specifically covers health care providers against claims of medical negligence or harm caused to patients due to improper care or errors.
Umbrella insurance generally extends the limits of an existing liability policy, but it typically does not cover medical malpractice by default.
Yes, for most health care professionals, medical malpractice insurance premiums are tax deductible as a business expense. This helps reduce the overall cost of carrying insurance by lowering taxable income, but it’s always best to consult with a tax advisor to understand specific deductions applicable to your situation.
For a claim to be proven the following criteria must all be present:
- There must exist a duty of care,
- breach of that duty of care,
- direct connection between the injury and the breach of duty, and
- actual damages.
What’s New in Professional Liability?
Knowledge is power — and protection. Partnering with Actuate Insurance gives you access to specialized experience in healthcare insurance. Explore our Blog for insights, research, and guidance on issues that impact your practice.
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