What You Should Know Before Doing Business With a Medical Malpractice Insurance Broker

Nowadays there are many medical malpractice insurance brokers, which can make a decision to hire one quite the challenge.  Which firm do you do business with?  Here are some questions to ask yourself before you make this important decision:

How knowledgeable is the broker regarding medical malpractice insurance?  The more knowledgeable a broker is, the better he/she will be at getting you the right amount of coverage.  An experienced insurance broker will also be knowledgeable about current laws regarding medical malpractice.  How easy is it to get a hold of the broker? Are you able to call or email them and receive a response back within a reasonable time?  An insurance broker who is constantly in meetings or wants you to talk to their partner or secretary may not be the broker for you.

How comfortable do you feel when talking with the broker?  Does he/she treat you with respect?  Make sure you are doing business with someone who is open and honest with you.  

Good brokers understand you and the hard work you put into your practice.  They're not just about offering you the best medical malpractice insurance rates.  They know the needs and concerns about your practice and how you feel about them. They also know the challenges you face including how you go about dealing with harsh economic pressures and balancing that with providing quality health care. 

Do your due diligence before doing business with a medical malpractice insurance broker.  A good broker is dedicated to quality client service and conducts themselves with integrity and honesty.  You want a broker who will represent you to the best of their ability and has a sincere desire to help you.