Buyers guide for Medical Malpractice Insurance

1. Please answer the following questions either True or False.
1. All medical malpractice insurance companies are the same.
2. It is better to have a carrier with an A.M. Best Rating rather than have
an admitted carrier.
3. You should always choose the highest limits of coverage an insurance
carrier offers.
4. Your malpractice insurance rates are p
p primarily determined by y
y y your
specialty type and the geographic location of your practice.
5. Insurance company rates for malpractice are based on the overall past
loss experience of their policyholders
6. It is best to wait until the expiration date of an insurance policy before
changing insurance carriers.