High-risk specialists like orthopedic surgeons may need policies with limits that are greater than the state’s requirements.
Florida law states that practicing physicians must carry $100,000.00 in malpractice insurance, and if they want hospital staff admitting privileges, they must carry $250,000.00 in coverage.
High-risk medical providers like orthopedic surgeons tend to choose more sizable limits and will generally opt for higher liability policies at $1,000,000.00 per claim/$3,000,000.00 aggregate.
A mature claims-made premium for an orthopedic surgeon practicing in Miami is estimated at $70,000.00, but there are multiple factors that can impact the cost, such as location and claims history. If a doctor has had multiple claims filed against them, it will likely increase the cost of their insurance premium. To get your personalized rate estimate, please request a quote.