• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ABOUT US RESOURCES TESTIMONIALS BLOG CONTACT US

  • Home
  • About Us
  • Find Your State
  • Find Your Specialty
  • Choose a Facility
  • Resources
  • Testimonials
  • Blog
  • Contact Us
  • Request A Quote
Request A Quote

Choosing the Right Medical Malpractice Insurance Company

February 22, 2011

Physicians understand the importance of choosing the right medical malpractice insurance carrier, but they often don’t know where to start.  Of course you want to save money on premiums, but the medical liability insurance policy is much more than just a certificate of insurance to get you credentialed at the local hospital or medical center.  Hopefully you won’t ever need it, but if you do, it better be more than just a piece of paper.  At the time of a claim you need an insurance company that is going to back up what it says in its policy, respond quickly, and defend your reputation as a physician.  So where do you start?  Unfortunately most medical schools only give students and medical residents a brief overview of the principles of medical malpractice insurance, and once you’re practicing and running a busy office, going through the arduous process of getting quotes and comparing premiums and policy coverages is just too time consuming.

Why a Medical Malpractice Insurance Broker?

The first and best way doctors can save time and energy on this once-a-year task is to get a medical malpractice insurance broker.  A broker has access to multiple companies and can do the work for you.  With just one application, or even a quote form with some basic information about County, Specialty, Claims History, and Limits of Liability, a broker can get quotes from several insurance carriers to consider.  Narrowing down the options from hundreds to 2 or 3 that are truly a match for your practice can take a huge load off of you or your office manager.

Do Your Homework

Once you’ve filtered your choices down to a couple of good options you need to do some comparing and ask some questions. Obviously, price is a consideration, but don’t just look for the lowest rate.  Look also at other factors like how long the company has been in business.  Ask if the company is local or national, what it collects in annual premiums, is it profitable, does it have a rating from an insurance service such as A.M. Best, is medical malpractice the only line of insurance it writes, is it committed to staying in the business.  Find out if the policy offers any extra coverages, some include coverage for HIPAA violations, RAC Audits, cyber liability, Medicare and Medicaid audits and defense for complaints to the state board of medicine.  Comparing this information should help you make a decision.

Don’t Make This Decision On Your Own

Talk to your broker after you’ve done the comparing and get his or her recommendation.  Brokers will know from experience how well the company responds to claims and what its customer service is like.  After all, the broker works with the medical liability insurance companies everyday and if he or she is reputable you won’t be steered wrong.

Related Articles

  • Choosing the Right Medical Malpractice Insurer – What to Consider

  • The Factors of Medical Malpractice Insurance Coverage

Filed Under: Uncategorized

Primary Sidebar

Categories

  • Ask eQuoteMD
  • Dental
  • Family Practice Physicians
  • General
  • insurance market
  • Malpractice Insurance
  • Malpractice Insurance Coverage
  • Medical Liability Insurance
  • Medical Liability Insurance Cost
  • Medical Malpractice
  • medical malpractice insurance
  • medical malpractice lawsuit
  • Neurosurgeon
  • OB/GYN
  • Physician Liability Insurance
  • Physician Liability Quotes
  • Plastic Surgeons
  • tail coverage
  • Telehealth
  • Uncategorized

Tags

Affordable Medical Malpractice Insurance best malpractice insurance Best Malpractice Insurance Near Me best medical malpractice insurance company best medical malpractice insurance near me claims made coverage damage caps defensive medicine dental malpractice insurance near me equotemd group medical malpractice insurance hipaa individual medical malpractice insurance kansas city medical malpractice insurance legal legislation liability malpractice insurance Malpractice Insurance Coverage malpractice insurance for doctors Malpractice Insurance near me malpractice insurance quote medical liability insurance Medical Liability Insurance near me medical malpractice medical malpractice coverage medical malpractice insurance medical malpractice insurance broker medical malpractice insurance companies medical malpractice insurance company Medical Malpractice Insurance for Family Medicine medical malpractice insurance near me Medical Malpractice Insurance provider medical malpractice insurance providers medical malpractice lawsuit medical professional liability insurance non-economic damages professional medical liability insurance research tail technology telehealth malpractice insurance telehealth malpractice insurance broker telemedicine malpractice insurance

Footer

eQuoteMD

BLOG

Concept of Malpractice Text written in paper

Medical practitioners dedicate their lives to providing the best care possible. However, no matter READ MORE

Medical law concept

As a healthcare professional, safeguarding your practice and career is crucial. Medical malpractice READ MORE

Medical malpractice book

Medical liability insurance, commonly known as medical malpractice insurance, is vital for READ MORE

FIND YOUR STATE FIND YOUR SPECIALTY CHOOSE A FACILITY

ABOUT US RESOURCES TESTIMONIALS BLOG CONTACT US

HOME ADA DISCLAIMER PRIVACY POLICY SITEMAP

Copyright © 2025 · eQuoteMD · All Rights Reserved

iHealthspot Medical Website Design and Medical Marketing by iHealthSpot.com

eQuoteMD provides medical malpractice insurance services in all states for all specialties.