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Malpractice Insurance |
Illinois Medical Malpractice Insurance – Top-Rated Coverage
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Illinois med mal rates have fallen significantly. Thanks to tort reforms
enacted in 2005 physicians in the Prairie State are finally seeing some relief.
For example some OB/GYNs and general surgeons in Cook County saw decreases of up
to 27% in their premiums in 2008 versus 2007. This followed steep declines
in the previous year also for some disciplines and counties.
A new major carrier entered the market in 2008 leading to more choices.
Increased competition among liability companies in Illinois benefits you - the physician
- in the form of lower rates and improved coverage options.
If you are an Illinois doctor now is a great time to take a minute and make sure
you are not overpaying for your medical malpractice insurance. Get a better rate
today.
Lowest Rates Available in Illinois
Submit your free quote
quickly and easily and avail of some of the lowest rates available on quality
medical liability insurance in Illinois. Superior coverage options are available
from top-rated insurance companies including A.M. Best A-rated companies.
A Free Quote Can Save You Money – Start Saving Today!
Get the personalized service, expert advice and superior coverage you deserve from
experienced medical liability consultants who specialize in the Illinois market
and work for you to get the best coverage at the most affordable rates available.
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Benefits to Illinois Physicians
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Lowest
Rates for Chicago Doctors with Advocate Hospital System Privileges.
Our CoverMD.com partner agency has access to the two insurance companies on the
approved Advocate Hospital list with the lowest medical liability rates.
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Prior
Acts Coverage is Included. You are NOT Required to Buy a Tail.
Do you have to buy a tail to switch your Illinois medical malpractice insurance?
The short and simple answer is NO. |
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"Standard"
Policies are Available.
The most important part of a standard policy, according to many doctors, is the
"consent to settle" provision. This means that the insurance company cannot settle
a case without the doctor's consent. Standard policies are available to you in Illinois. |
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Switch
Anytime – There is no need to wait until your renewal date.
It's important to keep in mind that you can switch your medical malpractice insurance
policy at any time. Compare the daily cost of insurance with your current
policy versus the daily cost offered by your free no-obligation quote. The math
is simple, if the new policy costs less, then every day you delay is costing you
money. Request your Free Illinois
Medical Malpractice Insurance Quote and see if you can start saving
money right now!
Note: Some insurance companies may impose a small penalty for switching but
in many cases the penalty is insignificant compared to the savings a doctor can
achieve on their medmal.
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Don't
let frivolous claims cost you more for your medical malpractice.
Illinois is a very litigious area and many doctors have past claims. However, in
many cases, past claims will NOT inhibit you from getting a good quote in
the future.
Let an experienced medical liability consultant work with you to get the best coverage
at the most affordable rates for your
IL Medical Liability Insurance.
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Take
Advantage of Illinois Tort Reform
Reduce the cost of your malpractice insurance even further by taking advantage of
the tort reform measures enacted in Illinois that have helped to further reduce
rates.
Read more about the issues affecting medical
liability insurance in Ilinois including the November 2007 decision by the
Cook County Circuit Court to rule parts of the tort reform initiatives unconstitutional.
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Medical Malpractice Rate Comparisons for Illinois (2008)
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General Area |
Internal Medicine |
General Surgery |
OB \ GYN |
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Cook County, Madison County, St Clair County
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$38,196
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$109,340
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$143,061
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Kane County, McHenry County
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$32,070
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$91,906
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$120,100
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Champaign County, Macon County
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$28,100
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$81,000
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$106,340
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Dekalb County
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$25,510
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$70,890
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$94,665
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Source: Above figures are approximations across
various carriers serving the IL med mal market. Underlying data taken from the Medical
Liability Monitor 2008 Rate Survey. Not all Illinois counties are shown.
The rates shown above should not be interpreted as the actual rates an individual
Illinois physician pays for coverage.
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CoverMD – A New and Innovative Way to Find Malpractice Insurance
CoverMD.com has put in place a network of dedicated insurance professionals nationwide
who represent multiple medical malpractice insurance companies with highly competitive
rates.
The affordable rates combined with the experience and knowledge of these professionals
is key to why CoverMD.com has become the nation's leading website for doctors seeking
quality, affordable medical malpractice insurance.
Get Free No-Obligation quotes and expert advice from experienced medical
liability consultants serving Illinois who can assist you with all your medical
malpractice insurance needs.
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Take a moment to fill out the quick and easy
Medical Malpractice Insurance Quote form. It could save you important money.
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Disclaimer
All information in this article is provided is for informational purposes only and
should not be used as the basis for making a decision regarding medical malpractice
insurance. For expert advice from licensed insurance professionals serving the Illinois
medical malpractice insurance market please request a
Free No-Obligation Quote.
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No portion of this material may be used in any form whatsoever without the advance
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