Find The Right Company To By Your Dental Malpractice Insurance From
One of the most important things a new dentist must do before beginning work is to get malpractice insurance. Malpractice insurance will protect you in the event a patient becomes injured as a result of work that you did by pay your court costs and any settlement that you may need to pay. While it may seem unlikely that you will need such insurance the truth is that a large percentage of dentists find themselves as a target of these lawsuits.
While malpractice insurance will be one of the highest expenses in your practice it is also one of the most important things you can do. Without this protection one patient is all that it takes for you to watch your career and your practice ruined. Yes malpractice insurance is expensive, but these days there is a lot more competition for your business so you are well advised to shop around for the best deals and the best insurance for your money.
Malpractice insurance does a lot more than just pay the claims should a judgment go against you. Your insurance company is your experienced representative that goes for to bat for you both with the lawyer of the injured party and with the judge should your case go to trial. You insurance company does not want a judgment against you to be made anymore than you do so they bring they experience lawyers to the field to ensure that your case results in a positive outcome both for you and them. If you hire your own lawyer their lawyer will work with yours to provide a solid defense.
When choosing malpractice insurance it is best to do a comparison of different insurance companies and to check what other dentists have to say about each one. You can go with the recommendation of a peer, but without doing your research you will not know whether you are getting the best deal available or getting the type of coverage you want. By researching each company carefully you will make an informed decision and get the company that best suits your needs.
You are better off going with a malpractice insurance company that specializes in dental malpractice; this is because malpractice is a very complicated area of law so finding a company that understands your profession well can help your chances of winning any lawsuit you may find yourself caught up in. Not only does the insurance company and lawyers need to know the law but they must understand the procedures and have contacts that give them access to expert opinions, allowing them to plan a defense for against the lawsuit.
Some companies can offer you a number of different types of insurance in addition to your malpractice insurance; this can save you money and cut down on the number of premium payments you need to make every month. EDIC offers a comprehensive package of insurance and boast a 93% success rate on successfully defending their dentists against claims. They also offer CEU to help you reduce your risk of having a malpractice claim against you, and fulfilling your required CE credits.
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