Illinois Med Mal Insurance
For doctors in need of Illinois med mal policies, the good news is that there are plenty of options available and the agents of MyMedicalMalpracticeInsurance.com are truly experts in the state. And, the parent company of MyMedicalMalpracticeInsurance.com is Cunningham Group, a medical malpractice insurance agency based in Illinois and providing med mal insurance exclusively since 1983.
For doctors seeking Illinois med mal insurance, a few things need to be taken into consideration. The prices can vary significantly from county to county within the state. For Cook County and the Chicago area, the prices tend to be higher and the underwriting process is usually more scrutinized by the insurance companies. Most surprisingly is the cost of coverage in the Southern, more rural part of the state. Costs can be as high as Cook County and it pays to shop for coverage every year. Physicians entering new practices may want to enter the cheaper counties of Illinois, specifically the extended suburbs of Chicago and counties such as DuPage, Will and Lake Counties. These counties are not only experiencing unprecedented growth, but the pricing seems to have stabilized, as well, for doctors purchasing Illinois med mal insurance.
What companies are available? Since Cunningham Group is such a well-established med mal agency in Illinois, we have the pleasure of having the med mal insurance agencies visit us multiple times throughout the year. The representatives of these companies, such as Medical Protective, Medicus, The Doctors Company, and Professional Solutions Insurance Company tell us that they are eager to look at business in the state and eager to offer competitive quotes.
Given the relatively high number of insurance carriers in Illinois, combined with the high cost of medical malpractice insurance in certain areas of the state, it is recommended that physicians and medical care providers seek out a market analysis on a yearly basis. If you would like a free market analysis, please call us directly on our toll free number 1-866-824-0137, or complete our online quote request form, and an account representative will contact you within 24 hours and provide you with a free quote.