Malpractice Insurance for Doctors & Physicians in Massachusetts

How to buy malpractice insurance in Massachusetts.

The best way to buy malpractice coverage is to work with a reputable malpractice insurance broker in Massachusetts who can generate multiple quotes. Your broker will walk you through the lengthy insurance application and underwriting process. Click to get medical malpractice insurance quotes from every major Massachusetts malpractice insurance company.

Typically, the malpractice insurance purchasing process goes like this:

1. Submit your information for your free medical malpractice insurance quote from every major insurance company in Massachusetts.
2. One of our veteran malpractice insurance agents who specializes in the Massachusetts market will contact you to learn more about your specific needs.
3. We shop your coverage to every major insurance company in Massachusetts.
4. We present you with a number of insurance quotes and give you the information necessary to make an educated and informed decision. Don’t worry. We’re here every step of the way, helping you get the best price with the best company.
5. At renewal time, we restart the process of shopping your coverage among every major carrier to keep your policy properly priced.

How to save money on your malpractice insurance.

• The easiest way to save money on your medical malpractice insurance policy is by working with a broker who has the access to generate quotes from every major insurance company, offering an accurate view of the marketplace. As one of the top brokers in Massachusetts, we can guide you through the application and underwriting process so you’re confident you secured the best price with the right insurer for your situation.
• The most common limits in Massachusetts are $1 million/$3 million. Limits of liability play a major role in determining the overall cost of your policy. Some companies will offer lower limits to save you money. We don’t recommend this. We want your risks fully indemnified so you never have to pay an award out of pocket. Let us save you money by shopping your coverage rather than skimp on protection.
• Check out our 7 secrets your medical malpractice insurance agent won’t tell you page to get insider information on buying coverage in Massachusetts.

Medical malpractice requirements in Massachusetts.

Limits of Liability: The most common limits of liability in Massachusetts are $1 million per claim with an annual aggregate cap of $3 million.

Most hospitals require a physician carry malpractice insurance prior to granting admitting privileges. Some of the hospital systems requiring this include, but are not limited to: Massachusetts General in Boston, Brigham and Women’s in Boston and UMass Memorial Medical Center in Worcester.

Best Medical malpractice insurance companies in Massachusetts.

1. Coverys
2. Medical Protective
3. Controlled Risk Insurance Company of Massachusetts
4. Medical Professional Mutual Insurance Company
5. Ironshore Specialty Insurance Co.

Why partner with Cunningham Group?

Partnering with Cunningham Group will give you a full view of the Massachusetts marketplace.. Our veteran insurance agents average 10+ years of industry experience.Let us help you secure medical malpractice insurance quotes from every major insurance company in Massachusetts.

Brief History and other important facts of medical malpractice insurance in Massachusetts.

Professional liability insurance in Massachusetts is very expensive, particularly for specialists like surgeons and obstetricians. However, there is a wide variety of insurers to choose from in Massachusetts, including surplus carriers and risk purchasing groups, which has helped to keep rates lower than they might be otherwise. Massachusetts requires all insurers in the state to make their products available to all specialties and practice types, which further increases options for physicians.

Tort Reform in Massachusetts

Though noneconomic damages are capped at $500,000 in the Commonwealth, this measure has had limited success in keeping rates down due to a provision in the law that allows for damages to be higher if there is “a substantial or permanent loss or impairment of a bodily function or substantial disfigurement, or other special circumstances in the case which warrant a finding that imposition of such a limitation would deprive the plaintiff of just compensation for the injuries sustained.” Plaintiff lawyers have found this standard easy to meet.

In 2012, Massachusetts passed a comprehensive law based on the Disclosure, Apology & Offer (DA&O) model to help resolve medical liability cases and control costs. Under this model, healthcare professionals, hospitals and their professional liability insurers are encouraged to disclose to patients and their families when an adverse outcomes occurs; investigate and explain to the injured party what happened; establish risk management systems intended to prevent the incident from recurring; and, when appropriate, apologize as well as offer fair financial compensation prior to the patient having to resort to legal action. The law does not preclude an injured patient from consulting a medical malpractice attorney, and should the offered compensation be refused, the statement of apology would not be admissible in any court proceedings.

Resources for Massachusetts Physicians

Massachusetts Medical Society
Massachusetts Division of Insurance
Massachusetts Board of Registration in Medicine
Massachusetts Osteopathic Society
All MD Massachusetts Healthcare Defense Attorney Listing
Medical Malpractice Insurance Guide