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Top 5 Medical Malpractice Insurance Companies in Colorado
We recommend carriers with an AM Best “A” or higher rating. An A-rating indicates financial strength, long-term solvency, and an established history of protecting Colorado physicians.
What is the Cost of Medical Liability and Malpractice Insurance in Colorado?
What is the Cost of Medical Liability and Malpractice Insurance in Colorado?
These rate estimates are for informational purposes only and are based on the CO standard limits of $1,000,000 per claim and $3,000,000 aggregate per year.
Quotes require a completed application and underwriter approval. Contact us for a custom estimate if you don’t see your specialty.
Average Cost of Medical Malpractice Insurance
by Specialty in Colorado
(2026 data, $1M/$3M coverage)
| Specialty | 2026 Annual Premium |
2026 Tail Premium |
|---|---|---|
| Anesthesiology | $18,360 | $36,720 |
| Cardiovascular Disease– Minor Surgery | $20,400 | $40,800 |
| Dermatology– No Surgery | $9,180 | $18,360 |
| Emergency Medicine | $28,560 | $57,120 |
| Family Practice– No Surgery | $12,240 | $24,480 |
| Gastroenterology– No Surgery | $15,300 | $30,600 |
| General Practice– No Surgery | $12,240 | $24,480 |
| General Surgery | $44,880 | $89,760 |
| Internal Medicine– No Surgery | $12,240 | $24,480 |
| Neurology– No Surgery | $14,280 | $28,560 |
| Obstetrics and Gynecology– Major Surgery | $56,100 | $112,200 |
| Occupational Medicine | $8,160 | $16,320 |
| Ophthalmology– No Surgery | $8,160 | $16,320 |
| Orthopedic Surgery– No Spine | $35,700 | $71,400 |
| Pathology– No Surgery | $10,200 | $20,400 |
| Pediatrics– No Surgery | $11,220 | $22,440 |
| Pulmonary Disease– No Surgery | $16,320 | $32,640 |
| Psychiatry | $7,140 | $14,280 |
| Radiology – Diagnostic | $18,360 | $36,720 |
Have a question? Get fast answers from a U.S.-based MEDPLI agent. Call 1-800-969-1339 or email info@medpli.com.
Average Medical Malpractice Payouts in Colorado From 2015-2024
In 2024, Colorado physicians were held liable for 112 medical malpractice payouts.
- Average Payout: $641,964
- Total Payout: $71,900,000
(Source: National Practitioner Data Bank)
Professional Liability Insurance Options for Colorado Physicians
Physicians in Colorado can choose between these two primary types of medical malpractice insurance:
- Provides coverage for incidents that occurred during the policy period IF the claim is filed while the policy is still active. If a claim is filed after the policy ends, that claim is NOT covered.
- Typically, it offers lower premiums at the start of the policy, but rates increase yearly as the policy matures.
- Physicians need to obtain tail insurance coverage when a claims-made policy ends to ensure protection against future claims related to incidents that occurred during the policy period. Tail insurance premiums require a one-time cash payment equal to approximately 200% of the claims-made policy annual premium.
- Provides coverage for incidents that occurred during the policy period, regardless of when a claim is reported to the carrier.
- Typically, it offers higher premiums at the start of the policy, but the rate remains constant for the entire policy term.
- Physicians do not need tail coverage when an occurrence policy ends.
What Is the Colorado Medical Malpractice Cap on Lawsuits?
Colorado’s medical malpractice damage limits were significantly revised under House Bill 1472, effective January 1, 2025. Under this law, the wrongful death damage cap increases to $1.575 million over five years, and the medical malpractice non-economic damage cap increases from $300,000 to $875,000. After 2029, inflation-based adjustments will occur every two years.
Colorado also imposes a $1 million cap on total damages for aggregate economic and non-economic losses.
What Is the Statute of Limitations for Colorado Medical Malpractice?
According to Colorado Statute § 13-80-102.5, an action for medical malpractice damages shall be filed within two years of the injury or discovery of the injury.
Exceptions:
- If a foreign object is left inside the claimant’s body, the 2-year limitation begins upon discovery of the object.
- If a defendant knowingly conceals his/her wrongful conduct, the 2-year limitation begins upon discovery of the negligence.
- If a minor is the victim of malpractice at any age younger than 6 years old, the limitation is extended until his/her 8th birthday.
- For cases of continual treatment, the limitations may not begin until treatment with the provider ends.
Canceled or Non-Renewed? MEDPLI Is Your Best Ally.
Colorado Physicians & Surgeons Partner with MEDPLI
We exclusively broker medical malpractice insurance, focusing daily on making the professional liability process less burdensome and expensive for doctors.
With MEDPLI, Colorado physicians:
Colorado Medical Malpractice Insurance FAQ
Some malpractice policies include telemedicine coverage, while others limit it based on state licensure, patient location, or platform used. Coverage details matter, especially for physicians seeing patients across state lines. We help Colorado physicians confirm telemedicine coverage and avoid unexpected exclusions.
Coverage should be reviewed annually or whenever there is a change in specialty, procedures, employment status, or practice structure. Outdated policies can leave coverage gaps or cost more than necessary. MEDPLI provides ongoing policy reviews to keep coverage aligned and cost-effective.
Get Your Quote for Medical Malpractice Insurance in Colorado
Whether you’re an orthopedic surgeon in Denver or an emergency physician in Aspen, MEDPLI will provide you with premier coverage at a competitive rate.
Call 800-969-1339 or Request a Quote.
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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. For malpractice insurance questions, you can contact Max here.
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