As a nurse, you face unique challenges in healthcare. Equip yourself with the right protection to meet those challenges head-on.
Medical Malpractice Insurance for Nurses
Get coverage that protects you
At Physicians Insurance, we recognize the critical roles played by nurses, be it advanced nurses, nurse practitioners, or clinical nurse specialists, among others.
Let us help you secure a policy that protects against unforeseen liabilities, ensuring your professional stability so you can concentrate on providing quality care.
What does malpractice insurance cover?
For nurses, the right coverage is critical. We facilitate access to policies that protect against claims of professional negligence, cover legal expenses you incur, and compensate for lost wages.
Whether you’re involved in a malpractice case or need protection for HIPAA violations, our services ensure your insurance covers the costs you’re legally obligated to pay. By partnering with us, you can secure malpractice coverage that specifically caters to the nuances of your role, ensuring you maintain the standard of care your patients require.
How much does malpractice insurance for nurses cost?
The cost of malpractice insurance for nurses varies based on factors such as the scope of practice, liability limits, geographic location, and the specific healthcare services provided.
We’re committed to putting your needs first and helping you manage costs proactively.
“Physicians Insurance has always been very reasonable, upfront and honest.”
David Wasserman, Executive Director Physician Organization at Congenial Healthcare
Request a free, no-obligation quote today
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 Physicians 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 medical malpractice insurance quote, and we will contact you to discuss your options.
FAQs
What is malpractice insurance?
Medical malpractice insurance is a form of professional liability insurance that provides coverage for nurses when a malpractice case is brought against them due to errors or omissions in monitoring a patient’s condition or administering medication, among other duties.
Who needs malpractice insurance?
While many nurses receive malpractice insurance through their employers, it’s advisable to consider additional coverage, particularly as nurses may be held liable for personal injury resulting from breaches in the standard of care within hospitals and doctors’ offices. Personal malpractice insurance can provide extra security, covering gaps that employer-provided policies might not address.
Is malpractice insurance tax deductible?
Yes, malpractice insurance premiums are generally tax deductible for nurses, helping reduce the overall cost of this essential coverage as a business expense.
Which states require medical malpractice insurance?
Nurses, along with other healthcare professionals, may be required to carry medical malpractice insurance depending on the state they practice in. Currently, seven states mandate that medical professionals maintain malpractice insurance: Colorado, Connecticut, Kansas, Massachusetts, New Jersey, Rhode Island, and Wisconsin.
What is tail coverage medical malpractice insurance?
Tail coverage can be a crucial addition to a nurse’s malpractice insurance policy, protecting against malpractice claims made after a policy expires or is canceled, covering incidents that occurred while the original policy was active.
Is medical malpractice insurance the same as professional indemnity?
While they serve similar functions, medical malpractice insurance specifically addresses the legal and compensation costs that a nurse might incur if they are liable for malpractice, including costs related to expert testimony and settlements.
Does umbrella insurance cover medical malpractice?
Typically, umbrella insurance does not cover medical malpractice. Nurses should ensure they have specific medical malpractice coverage to protect against the unique risks of their profession.
RELATED INFORMATION
Physicians Insurance can explore solutions for your practice entities, hospitals and healthcare facilities.
Entity coverage is most often designed to cover vicarious professional liability exposures, while hospital and facility policies are typically designed to cover the risk from both vicarious professional liability and general liability.
Critical to the healthcare process, allied health professionals complement physicians’ overall quality of care.
Whichever role you play in the multifaceted healthcare industry, Physicians Insurance will customize professional liability coverage for your physician assistants, nurse practitioners and other advanced practice professionals.
Even in non-clinical roles, allegations can occur. And, when they do, you need E&O coverage to protect you and your assets.
For non-clinical activities, such as consulting in the pharmaceutical world, expert witness work in the courts, or paper reviews of medical files (i.e. workers compensation claim file reviews), Physicians Insurance can assist you to obtain tailored miscellaneous E&O coverage for your protection.
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.
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.