How Much Do American Doctors Pay for Malpractice Insurance?

The average yearly cost for malpractice insurance is from $4,000 to $12,000. Surgeons in some states pay up to $50,000. OB/GYNs may spend more than $200,000.
High insurance payouts link to high insurance costs. Most states require doctors to have coverage. Surgeons, anesthesiologists, and OB/GYNs typically pay the most.
The type of policy also impacts cost. Claims-made policies cover claims made while the policy is active. Occurrence-based policies cover incidents that occurred during the policy period.
So location impacts lawsuit likelihood and insurance cost. Adequate malpractice insurance protects doctors from liability for medical errors.

The average cost runs from $20,000-$50,000. The range can be $50,000 to $100,000 for complex cases. Lawyers frequently collect 33% to 40% of compensation. Insurance offers protection when wrongful practices cause injury, damage, and expenses.

Surgeons pay $30k-$50k yearly. In Florida, up to $226,224 yearly. OB/GYNs pay the most. Babies have a long statute of limitations. Defensive medicine doesn’t make a large dent. Plastic surgeons, general surgeons, orthopedists, and urologists get sued the most. State payouts consider direct mistake costs, emotional distress, and punitive damages.