Professional Liability Insurance

[the2thdoctor]

Hello,

I have decided to change liability insurance companies and have received a quote for Hartford from an insurance broker.

Does anyone have any information to share about Hartford? Which insurance companies do you recommend and which ones should I avoid?

Thank you.

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[Rambunctious]

Hello,

I have decided to change liability insurance companies and have received a quote for Hartford from an insurance broker.

Does anyone have any information to share about Hartford? Which insurance companies do you recommend and which ones should I avoid?

Thank you.

I see you live in California, why not go TDIC?

 

[allDAT]

Get an occurrence policy. Get a quote from dentist advantage.

Claims made policies (which I’ve had) don’t really offer much coverage if you think about it (you could have 2 claims during the same policy period where treatment was competed during a prior policy period). They can also drop you and make tail coverage very expensive.

 

[allDAT]

I see you live in California, why not go TDIC?

TDIC is good, but I think they only offer claims made.

 

[Rambunctious]

TDIC is good, but I think they only offer claims made.

Can you tell me what claims made means and why I need more than that? I should know this, but honestly didn't do that much research after graduating dental school and going straight to working.

 

[tinman831]

Can you tell me what claims made means and why I need more than that? I should know this, but honestly didn't do that much research after graduating dental school and going straight to working.

Occurrence vs. Claims-Made Insurance: Why It Matters | Insureon

Occurrence and claims-made coverage vary across insurance policies. Get quotes and buy insurance online with Insureon.

www.insureon.com

This gives you a good summary between each.

 

[OMSDoc]

“Occurrence” basically means you are covered for malpractice for any treatment you rendered at any particular place that has “occurrence” coverage. Forever.

“Claims made” means you are not covered for any treatment you rendered at any particular place, so you need to buy “tail coverage” if you leave. This coverage needs to last longer than the statute of limitations for that state ( in the USA).

In Minnesota, you can be sued for “malpractice” up to 4 years (ufffda) after the discovery of malpractice.

“Occurrence” is better.

I know of no coverage outside of a big institution that is not claims made.

Nor would I work for any institution that did not provide occurrence coverage

 

[belmont29]

In Florida you can only be sued for "malpractice" up to 2 years.