We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is Malpractice Insurance?

By J. Beam
Updated May 17, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Malpractice insurance is purchased by professionals, most often medical professionals, to financially cover them in the event they are sued for malpractice. Malpractice is the act of causing damage or injury to a person or persons as a result of negligently performing a professional duty or intentional wrongdoing. Doctors, surgeons, nurses, and most other medical professionals are sometimes required to purchase malpractice insurance, also called personal liability insurance, before becoming employed by a facility or opening a private practice. Though the medical field is the most common market for this type of insurance, other fields may require it as well.

Designed primarily to provide medical professionals protection from lawsuits, there are other personal coverages provided with most malpractice insurance policies. A policy will cover the insured up to values of several million dollars. However, the amount of necessary coverage varies by location, as different statutes apply to malpractice law in different areas.

When most people think of malpractice insurance, they think of doctors, especially surgeons and obstetricians, who are most frequently sued by patients. Though such doctors may have higher insurance premiums than others, they aren’t the only ones who benefit from coverage. Dentists, nurses, therapists, optometrists, and even diagnostic laboratories may be required to carry this insurance, depending on where they work. Schools that provide education in the medical field with training involving hands-on clinicals must also carry it to cover their faculty and students.

Malpractice insurance is often one of the most expensive types of insurance policies that can be purchased. Premiums are adjusted for the type of medicine practiced, the type and amount of coverage needed, and whether the insurance covers an individual or a group. Other circumstances that affect the premiums of include the location of the practice and the laws that prevail there. Though the majority of doctors and medical professionals never need to use their insurance, it is a necessary safety net and is required by law in many locations.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
By anon279341 — On Jul 12, 2012

If I want to take insurance for my tonsils, is it possible?

By Mykol — On Apr 18, 2012

My sister is an attorney with her own practice in a small town. She has never had any problems, but she carries lawyer malpractice insurance just in case.

Because she is not involved with high profile cases, her odds are pretty low of being sued, but you just never know.

She told me once her premiums cost her around $800 a year. I didn't think that was too expensive for the protection and peace of mind she has.

I am sure this is not nearly as expensive as something like doctor malpractice insurance would be. Even so, for her, it is worth the money if she ever were to have any issues.

By SarahSon — On Apr 17, 2012
My uncle was a chiropractor who ran his business from his home. Not only was he required to have chiropractic malpractice insurance, but also had to have special endorsements on his home owners insurance policy.

My aunt was his office manager, and while there were many advantages having his practice in his home, there were also some challenges.

There are certain areas of practice that would seem extremely important to have malpractice insurance. I think being a chiropractor is one that you would certainly want to make sure you were covered.

One of the biggest reasons is because many people are very quick to sue if something doesn't go just right. There are a lot of efficient and competent chiropractors, and I have also heard some stories where they weren't very good.

There is no way I would want to be practicing any kind of medicine without the protection of malpractice insurance.

By golf07 — On Apr 16, 2012

I visit an osteopathic doctor once a month for spinal adjustment. This is a semi-retired doctor who works part time.

A few years ago, she thought about quitting her practice because her physician malpractice insurance was costing her so much money.

It wasn't quite as bad when she was working full time, but when she cut back on her hours, it really made it hard for her to make it.

She is interested in alternative treatment and medicine, and sometimes it was hard to find enough patients. With so many people becoming more interested in this type of treatment, she has found more patients and is still practicing.

I have no idea how much she pays a year for her insurance, but know it is probably more money than I make in one year.

By anon58538 — On Jan 02, 2010

Which states are in crisis regarding medical malpractice insurance? which state has the highest and the lowest cost for medical malpractice insurance

By anon44568 — On Sep 08, 2009

yes please do answer that question because i have no clue can anyone help me find malpractice statstics, like how many cases of malpractice have there been in a year.

By anon41930 — On Aug 18, 2009

What is the difference between "Claims Made Cover" and "occurrence cover"

By anon38621 — On Jul 27, 2009

how much does malpractice insurance cost?

By spineaid — On Jun 22, 2009

Does an md need to have additional insurance if he is a protocol for an arnp who has her own malpractice insurance??

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.