Frequently Asked Question:

Is medical malpractice insurance required by law?

Insurance Type
Related Industries
Healthcare Services
Related Coverages
Medical Malpractice

The Short Answer

Only a few states require it by statute. In practice, nearly every hospital, health system and many payers require it before you can work or bill.

The Full Answer

Most states don’t mandate malpractice insurance for physicians. A few require it outright or require participation in a state patient compensation fund, which comes with minimum coverage limits.

The bigger requirement is contractual. Hospitals require proof of coverage for privileges, usually at $1 million / $3 million. Many insurance networks and employers ask for the same. Going without coverage also puts your personal assets at risk in a lawsuit.

Check with your state medical board for current rules, and talk with your broker about what your hospitals and payers require.

Related Questions

Tail coverage, or an extended reporting endorsement, lets a claims-made policy keep responding to claims filed after the policy ends. You need it when you leave a claims-made policy without prior acts coverage from the next carrier.

Claims-made covers claims filed while your policy is active. Occurrence covers incidents that happened during the policy period, even if the claim comes years later.

Yes — restaurants process card payment data through point-of-sale systems daily, and a breach affecting customer payment information typically isn’t covered under general liability, which is why cyber liability is now considered standard for the industry.

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