How to Reduce Your Malpractice Insurance Premium

Malpractice Insights

English - August 02, 2023 12:00 - 13 minutes - 9.46 MB - ★★★★★ - 34 ratings
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Malpractice insurance premiums can be pricey. In fact, they’re one of the top expenses for a medical practice today. This is why we’re so adamant that providers shop around, compare their options thoughtfully, and work with a knowledgeable agent who can keep their eyes on the market to ensure you’re always getting the best coverage at the best price.

But once you’ve been given your quote for coverage, is that it? How negotiable is your price?

Well, today we’re going to talk specifically about how to reduce your malpractice insurance premiums. In this highly complex world of medical malpractice, there are some levers that you CAN pull and others that you CAN’T.

1:19 Factors that Affect Your Premium
4:00 Discretionary and Non-discretionary Credits
10:08 Common Pitfalls When Shopping for Insurance

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