Same Doctor, Different Price: What Physicians Really Pay for Malpractice Insurance in Florida Two Florida physicians can practice the same specialty, carry the same policy limits, and still receive substantially different medical malpractice insurance quotes. That does not necessarily mean one physician received a good rate and the other received a bad rate. Medical malpractice…
Many patients assume every Florida physician carries medical malpractice insurance. That assumption is not always correct. Florida permits physicians to practice without a traditional malpractice insurance policy under specific conditions. This is commonly called going bare. Some physicians consider going bare because premiums have increased. Others arrive at the decision after being declined, non-renewed, or…
Excess and surplus lines malpractice insurance provides an alternative when a physician, healthcare professional or medical organization does not fit the standard insurance market’s underwriting guidelines. It is commonly called E&S insurance, surplus lines insurance or non-admitted insurance. Despite the terminology, it is not automatically inferior or illegitimate coverage. The E&S market exists to insure…