Skip to ContentSkip to Footer

Medical Malpractice Insurance

Surgeons during medical procedure.

Medical malpractice coverage is an essential part of practicing medicine. Medical professional liability insurance, also called medical malpractice insurance, protects doctors and other licensed healthcare providers from liability for bodily injury, property damage, mental anguish, and other types of personal injury associated with wrongful practices.

A high percentage of a healthcare provider’s premium dollar goes toward defense and containment expenses. Unfortunately, medical malpractice insurers spend a great deal of money investigating and defending claims involving adverse patient outcomes that did not result from negligence.

Types of Malpractice Insurance

The basic medical malpractice insurance types are:

  • Claims made: The policy in effect at the time the claim is reported responds to the loss.
  • Occurrence made: This type of policy covers losses occurring during the policy period, regardless of when the claim is made, and even if the policy has been canceled when the claim is reported.
  • Convertible claims made: This is a particular type of claims-made policy that allows the insured to convert claims-made coverage to occurrence coverage without paying for tail coverage.

Cost of Medical Malpractice Insurance

The cost of medical malpractice insurance varies, depending on a number of factors, including:

  • Location of practice (costs vary from state to state)
  • Type of practice (the risk of malpractice claims is higher for some specialties)
  • Amount of coverage needed

Our agent at G. Suggs Insurance Agency in Raleigh, North Carolina, can help you keep your medical malpractice insurance costs down while ensuring that you have the protection you need in today’s litigious environment.

Get A Quote

This field is for validation purposes and should be left unchanged.

Customer Reviews
5/5

G Suggs Insurance is great! My agent, Lupe Koehler, is extremely proactive in...

Heidi Huenemann
Heidi H
5/5

We have been with G Suggs for 9 years now and they are always on top of...

CK's Plumbing & Backflow
CK's P & Backflow
5/5

Shot out to Ms. Valencia Solis! Not only did she do a great job of helping me...

BB
Brenda B
5/5

Suggs insurance has always been a pleasure to work with. They are informative,...

JL
Jason L
5/5

I could not ask for better service! Great value which beat "company offered...

PC
Patricia C