Florida Medical Malpractice Insurance for all physicians.
Welcome to FL-MedMal.com. We Specialize in providing Florida physicians with cost-effective medical malpractice insurance coverage that they need. We have more carriers, top of the line service and can offer the most cost-effective rates, no matter what your specialty is.
There is no need to wait until your renewal date to start saving on your medical malpractice insurance, and it has never been easier to get free, no-obligation quote. Complete our simple quote form and an experienced medical malpractice insurance agent will contact you with an indication.
Welcome to FL-MedMal.com. We Specialize in providing physicians in Florida with
cost-effective medical malpractice insurance coverage that they need.
Choice
Through Diederich Healthcare’s network of the nations leading carriers in the medical malpractice insurance industry, we are able to offer you more choices than other malpractice insurance agencies. For over 40 years, we have made it a priority to continually move forward in order to provide physicians with the most cost-effective options available. Complete the form above and see why over 13,000 physicians have placed their trust with Diederich Healthcare.
Service
Diederich Healthcare currently has offices in 13 states across the country and is constantly expanding in order to bring the very best service to it’s medical malpractice insurance clients. Rest assured that when Diederich Healthcare is your broker, you are consistently receiving outstanding and timely service. You will have someone that you know to call with questions and concerns.
Savings
Diederich Healthcare knows that medical malpractice insurance is one of the most costly expenses of any physician’s medical practice, and that is why we work tirelessly to get you the best rates possible. Know that when you place coverage with Diederich Healthcare, our experienced staff of med-mal agents will stay on top of the latest news in the industry so that when rates go down, you are not left behind.
Florida Medical Malpractice Insurance Market Summary
The Medical Malpractice Insurance Market has changed drastically in the state of Florida. With, what seems like, a new carrier entering the state every year, we prepare for the emergence of another new standard carrier. Florida insurance rates have declined for the last three years and with another carrier preparing to begin doing business, we anticipate the rates to continue to drop.
Florida Medical Malpractice Insurance Carriers
Medical malpractice insurance in Florida is available from admitted insurers, surplus lines insurers, and risk retention groups. The number of companies offering medical malpractice insurance in Florida has changed drastically in last 8 years. New carriers have entered the state while established carriers have merged or been acquired.
Statute of Limitations
A medical malpractice action must be brought within two years from the date of the incident or from the date when the incident was or should have been discovered. Fla. Stat. Ann. § 95.11(4)(b) (West 1982 & Supp. 1998)
Comparative Negligence
Florida adheres to the pure form of comparative negligence, meaning a claimant’s award is diminished in proportion to the claimants fault Fla. Stat. Ann. § 768.81 (West 1997).
Damage Limits
Florida’s voluntary arbitration scheme also provides a cap on non-economic damages under certain circumstances. A cap of $250,000 plus attorneys’ fees of 15% has been held to be constitutional. Miami v. Echarte, 618 So. 2d 189 (Fla.), cert. denied, 510 U.S. 915 (1993).
Florida Medical Malpractice Insurance information
Most physicians work long and irregular hours. It has been reported that 43% of all physicians work in excess of 50 hours per week. With all of this time devoted to patient care and practice development, physicians benefit greatly from relying on the expertise of an Insurance Agent specialized in the area of Medical Malpractice Insurance.
It is difficult for physicians to remain knowledgeable about the ever-changing landscape of Malpractice Insurance coverage, law, and carrier options. Diederich Healthcare specializes in Medical Malpractice Insurance and we understand the need for a trusted “partner” who can assist physicians in selecting the right Medical Malpractice Insurance protection for their practice.
Diederich Healthcare’s network of over 200 contracted insurance affiliates assures our physician clients greater portability, market accessibility, and effective consultation. We provide consultation on coverage options from the major carriers offering Professional Liability Insurance to physicians throughout the United States. We will provide malpractice insurance quotes from several carriers and make recommendations on coverage that best fits the physician’s particular needs at the most cost effective premium.
Diederich Healthcare reviews each account and policy prior to each policy renewal, and more frequently based on market/situational changes, to determine options for renewal coverage. These options are then presented to the physician with our recommendation prior to renewal in order to avert last-minute decision making.
All Specialties save on Medical Malpractice Insurance with Diederich Healthcare
- On average, Physician clients that switch to Diederich Healthcare save 46% on their Med-Mal insurance.
- We compare the major companies for your specialty in order to recommend the best coverage at the lowest premium for your practice.
- Our access to multiple carriers in each state allows us to offer many practice discount programs…
- New Doctor Discount
- Part-Time Discount
- Board Certification Discount (ABFM)
- Claims Free Credit
- Risk Management Credit
- No need to purchase Tail Coverage when changing to Diederich Healthcare with Prior Acts Coverage Included.
Med-Mal Coverage also available for:
- Medical Groups
- Clinics
- Medi-Spa Facilities and Procedures
- Weight Loss Procedures
- Ancillary Healthcare Professionals
- Physician Assistant
- Nurse Practitioner
- Surgical Assistant
- Nurse Midwife
- CRNA
- Optometrist
Diederich Healthcare is able to offer medical malpractice insurance to the following counties in Florida:
Alachua, Orange, Jackson, Volusia, Wakulla, Seminole, Calhoun, Lake, Polk, Lee, Bay, Nassau, Saint Johns, Manatee, Marion, Franklin, Hillsborough, DeSoto, Walton, Pasco, Duval, Palm Beach, Collier, Miami-Dade, Highlands, Santa Rosa, Okaloosa, Brevard, Okeechobee, Pinellas, Gilchrist, Escambia, Citrus, Monroe, Broward, Holmes, Putnam, Hardee, Suwannee, Liberty, Levy, Bradford, Hernando, Osceola, Flagler, Sumter, Charlotte, Gulf, Washington, Leon, Gadsden, Indian River, Hendry, Sarasota, Dixie, Lafayette, Clay, Saint Lucie, Columbia, Baker, Madison, Martin, Hamilton, Union, Jefferson, Glades, Taylor
For information specific to your specialty, please follow one of the links below:
Anesthesiology, Family Practice, Obstetrics & Gynecology (Ob/Gyn), Plastic Surgery, Pediatrics, General Surgery, Psychiatry, Stand-Alone Tail
Most recent articles about Medical Malpractice Insurance in Florida:
Florida Medical Malpractice Insurance Market Update
Multiple events in 2011 have continued to lower Florida Medical Malpractice premiums. Carrier competition has created a Florida marketplace where the physicians can benefit from lower costs of professional liability coverage. The following changes contributed to the rate decreases many physicians are now seeing in their practices: Medicus Insurance Company enters Florida Norcal Mutual acquires Medicus Insurance Company The Doctors Company acquires FPIC group Crum and Forster acquires Valiant Insurance Company Medicus Insurance Company receives “A” rating from A.M. Best A.M. Best Upgrades The Doctors Company Financial Strength Ratings to A (Excellent) The standard limits of liability in Florida are $250,000 / $750,000. The discounts that each company can apply vary substantially based on rate filings with the state. Most Florida medical malpractice companies can offer claims free discounts, risk management discounts and board certification discounts. Also, for a physician working less than 20 hours per week, a part-time discount of 50% can be applied. Many specialties, including Family Practice, OB/GYN, General Surgery, Cardiology, Neurology, Internal Medicine, and Orthopedic Surgery have benefited from lower medical malpractice insurance premiums. Physicians and Surgeons have been able to develop a more profitable business by lowering their cost of their medical malpractice insurance. We expect a downward trend in overall medical malpractice insurance costs to continue in 2012 for the State of Florida. Cost-effective coverage is not the only reason physicians across Florida are choosing to place their medical malpractice coverage with Diederich Healthcare. Diederich Healthcare provides comprehensive medical malpractice insurance and consulting services
Florida Medical Malpractice Insurance Market Update – 2012
The new year usually brings many changes in the medical malpractice insurance marketplace for physicians. Many doctors have professional liability insurance policies that renew in January. In the past, many companies have traditionally filed rate decreases in December that take effect for renewal business in the 1st quarter of the following year. This year has been relatively quiet in regards to rate changes, but one company has filed to decrease rates for some specialties. Physicians Insurance Company, upon approval from the Office of Insurance Regulation, plans to lower several specialties in all territories. The specific specialties have not yet been announced, however it is expected that the company will continue to focus on primary care physicians such as family practitioners, internists, and pediatricians. The company shines among a growing number of physician focused carriers in Florida. Although, Physicians Insurance Company is not a larger carrier, it has proven to be one of the most profitable carriers in Florida. The company boasts a loss ratio well under 50%, which is unheard of in the medical malpractice industry. The company has performed so well that it took the notice of a large carrier based in Austin, Texas. Texas Medical Liability Trust, better known as TMLT recently entered into an agreement to acquire Physicians Insurance Company. If approved by insurance regulators, this will add a large source of capital to the carrier which currently writes business in Florida and Texas. The company will also, most likely, share the A rating by AM Best
Florida Carriers increase, rates decrease…
The following post was written by one of our Medical Malpractice Insurance experts. If you are interested in seeing what Diederich Healthcare can do for you, please complete our quick and easy quote form now! Excellent, cost-effective Med-Mal coverage is only a click away. The Medical Malpractice Insurance Market has changed drastically in the state of Florida. With what seems like a new carrier entering the state every year, we prepare for the emergence of yet another new, standard carrier. Florida insurance rates have declined for the last three years and with another carrier preparing to begin doing business it is anticipated that rates will continue to drop. This is great news for physicians and our clients. Florida was once considered one of the worst Professional Liability Insurance states. As tort reform continues to be upheld, and with the increased competition in the market, Physicians should be seeing drastic decreases in their insurance premiums.
Med Mal Insurance Coverage in Florida
- AM Best “A-Rated” Coverage at Affordable Rates
- Coverage options for all Medical Specialties, Groups and Healthcare Facilities
- Compare Premiums and Choose Malpractice Coverage that best suits your needs
- Maximum Discounts available to physicians in Florida
- Guidance regarding Risk Management at your practice
- Access to “Specialty Lines” of Insurance for your Unique Practice needs
- Easily Transfer Your Malpractice Insurance at any time
Providing cost-effective Medical Professional Liability Insurance to Healthcare Providers located in Florida…
Get your FREE QUOTES now…compare multiple companies providing Malpractice Insurance to physicians in Florida. (including AM Best A-Rated carriers)
Covering all Physician Specialties, including Groups and Facilities in Florida, and all Types of Procedures…
Your “one-stop-shop” to obtaining affordable coverage to meet your needs. Representing a large number of quality insurance companies; giving you the confidence of having an advocate in your corner who has already “shopped” the marketplace for the best Malpractice Insurance Value available in Florida.
Accessing all Discounts available to each Physician’s Medical Practice…
Multiple Physician/Group Discounts, Medical Board Certification Discounts, Claims Free Discounts, Practice Longevity Discounts, Risk Management Discounts, Part-Time and New Practitioner Discounts.
Guiding Medical Practitioners toward improved Risk Management…
Ask about FREE access to Risk Management assessments and training for your practice. Offering access to Insurance for physicians and Risks/Procedures that are more difficult to cover…
Obtain coverage options for High Risk physicians and/or Procedures and Specialty Practices such as:
- Medi-Spas (including Botox/Fillers)
- Weight Loss/Weight Management (including HCG and Bariatric Surgery)
- Others available upon request
