How to Get the Best Tail Coverage Quote for Medical Malpractice Insurance
Securing the right tail coverage quote is essential if you’re switching jobs, retiring, or changing malpractice insurance providers. Without proper tail coverage, you could be exposed to malpractice claims filed after your original medical malpractice insurance policy expires, putting your finances and reputation at risk.
What to Consider When Getting a Tail Coverage Quote
Cost Factors – Tail coverage can cost up to 200% of your expiring premium, so comparing quotes is crucial.
Coverage Duration – Some policies offer multi-year protection, ensuring long-term security.
Stand-Alone vs. Carrier-Provided Coverage – You are not limited to your current insurer’s tail quote; stand-alone policies often offer better rates.
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