Illinois physicians face increasing liability risks and rising insurance costs in 2027. Use this resource to compare carriers, understand your risk, and secure the right protection for your practice.
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Illinois doctors face increasing liability risks and rising insurance costs in 2027. Use this resource to compare carriers, understand your risk, and secure the right protection for your practice.
Illinois’s Medical Malpractice Insurance Costs By Specialty in 2027
Illinois’s Medical Malpractice Insurance Costs By Specialty in 2026
These rate estimates are for informational purposes only and are based on the IL standard limits of $1,000,000 per claim / $3,000,000 aggregate per year.
Customized quotes require a completed application and underwriter approval. Contact us for an estimate if you don’t see your specialty.
Average Annual Premiums for Illinois
Medical Malpractice Insurance by Specialty
(2027 data, $1M/$3M coverage)
| Specialty | 2027 Annual Premium |
2027 Tail Premium |
|---|---|---|
| Anesthesiology | $29,416 | $58,833 |
| Cardiovascular Disease– Minor Surgery | $34,669 | $69,339 |
| Dermatology– No Surgery | $14,708 | $29,416 |
| Emergency Medicine | $39,922 | $79,845 |
| Family Practice– No Surgery | $18,910 | $37,821 |
| Gastroenterology– No Surgery | $26,265 | $52,530 |
| General Practice– No Surgery | $18,910 | $37,821 |
| General Surgery | $68,289 | $136,578 |
| Internal Medicine– No Surgery | $23,113 | $46,226 |
| Neurology– No Surgery | $27,315 | $54,631 |
| Obstetrics and Gynecology– Major Surgery | $88,250 | $176,500 |
| Occupational Medicine | $12,607 | $25,214 |
| Ophthalmology– No Surgery | $14,708 | $29,416 |
| Orthopedic Surgery– No Spine | $52,530 | $105,060 |
| Pathology– No Surgery | $14,708 | $29,416 |
| Pediatrics– No Surgery | $17,860 | $35,720 |
| Pulmonary Disease– No Surgery | $29,416 | $58,833 |
| Psychiatry | $14,708 | $29,416 |
| Radiology – Diagnostic | $30,467 | $60,934 |
*Note: These rates are approximate, and each individual has unique factors that can affect their premium.
Average Medical Malpractice Payouts in Illinois from 2019-2026
In 2026, Illinois physicians were held liable for 413 medical malpractice payouts.
- Average Payout: $645,110
- Total Payout: $266,430,750
(Source: National Practitioner Data Bank)
Does Illinois Have a Cap on Medical Malpractice?
- No caps on economic or non-economic damages for medical malpractice actions.
- In 2010, the Illinois Supreme Court ruled that medical malpractice damage caps were unconstitutional, as legislative limitations on damages would violate the separation of powers clause of the Illinois Constitution.
- Juries retain the power to determine appropriate damage payouts.
Illinois Statute of Limitations for Medical Malpractice Claims
According to ILCS 5/13-212, an action for medical malpractice or wrongful death damages shall be filed within:
- 2 years from when the alleged harm was known or should have been known
- No more than 4 years from the date of alleged harm
- Statute of limitations for minors is up to 8 years after the injury occurs or until the minor’s 22nd birthday
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Illinois Medical Malpractice Insurance FAQ
Costs vary significantly by specialty and area. Practices that do not involve surgery can expect around $15,000-$18,000 in annual premiums, while surgeons performing in high-risk specialties may pay up to $90,000 per year. These estimates reflect standard $1M / $3M limits. Tail coverage typically costs about 200% of the annual premium.
For precise rates, a custom application and underwriter approval are required.
No. Illinois does not enforce economic or non-economic damage caps. Though punitive damages are allowed in certain wrongful death cases (post-2023 amendment), they do not apply to medical malpractice cases.
The top medical malpractice insurance carriers in Illinois are ISMIE, The Doctors Company, MedPro Group, and Coverys. Each holds an AM Best rating of A or higher, indicating strong financial stability and a long history of protecting physicians.
MEDPLI works directly with these A-rated insurers to help doctors compare quotes and secure the best possible coverage.
Get Your Quote for Medical Malpractice Insurance in Illinois
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About the Author
Max Schloemann is a medical malpractice insurance broker helping physicians and surgeons secure Medical Professional Liability coverage. A Magna Cum Laude graduate of Southern Illinois University’s College of Business, he was named Outstanding Management Senior.
Max began his career in 2008 at an industry-leading firm and founded MEDPLI in 2017 to guide private practice doctors and physicians in transition through the complexities of malpractice insurance.
Outside of work, Max, his wife Kristen (a Physician Assistant), and their four kids enjoy the outdoors and attending the kids’ sporting events. Contact Max for malpractice insurance questions.
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