Dallas Medical Malpractice Insurance
To offset the risks and costs that occur within a Dallas medical malpractice lawsuit, physicians and medical offices are advised to seek medical malpractice insurance. Though the numbers of malpractice suits are continually decreasing, malpractice suits do happen, and can greatly affect your practice's finances.
At Texas Standard Insurance, we understand that complications can arise during a medical procedure to cause bodily harm or even death of a patient. Years of training and safety measures help minimize the chances of medical errors, but all it takes is one miscalculation or oversight to damage your patient and practice.
Medical malpractice insurance helps cover you and your practice in the unfortunate event of a lawsuit. Texas Standard Insurance helps connect you with the most comprehensive and affordable medical malpractice insurance policies in the nation.
Statute of Limitations
There is only a limited amount of time in which a person can file a malpractice lawsuit. This timeframe can vary depending on the type of malpractice, the state in which the malpractice occurred, and whether the malpractice is considered under the civil code or the criminal code. However, you should not depend on your patient or their family missing the opportunity to file a malpractice lawsuit.
Cost of Malpractice Lawsuit
In a 1999 study of medical malpractice lawsuits, the average cost of compensation for plaintiffs drastically rose 49 percent, from $700,000 to $1,000,000. Though the number of malpractice lawsuits is beginning to decline, the amount for damages awarded is on the rise.
Protect Your Practice
The first thing you should do when starting your own practice is to obtain medical malpractice insurance. If you currently have coverage, it may be in your best interest to shop around and ensure that you're getting the best possible protection. You don't want to be caught in the middle of a lawsuit without proper coverage.
Our agents work diligently to ensure that you and your Dallas-based practice receive the proper coverage at an affordable rate. We understand the unique needs of your practice and closely assess factors to connect you with a perfectly tailored policy from the top carriers in the nation.
To learn more about our services, please contact our office at 469-814-8191. Our agents will provide you with a free consultation and customized quote. They will help you make an informed decision about your practice's risks and coverage. Call today.