Malpractice Insurance

I currently do not have malpractice insurance, but have started looking into it. Is it something worth having and if so who's a good provider? I have looked into nso and they seem decent. Any thoughts would help. Thanks.
Yes, it absolutely is something worthwhile, even if you don't have to use it. Your hospital may say they cover you, but if you didn't do the tiniest little thing in the P&P manual, well, let's just say the hospital's lawyers are looking out for the hospital's interest, and you'll be the one under the bus. Your own malpractice insurance will provide representation looking out only for you. I personally use NSO, it's only a little over $100 per year.

I went home after a really bad night last week and got a quote, I immediately purchased liability insurance. It is worth the security and peace of mind. I also got NSO but the least coverage and it was $46 a year.

I love NSO. Inexpensive, good coverage. I would not work without it. It's a personal decision I made, and I do not walk around with a pin or sticker that states "Malpractice insured", nor do I have a bumper sticker. It is protection if I need it, and no one knows I have it expect myself and my husband.

Quote from jonnymiz63I currently do not have malpractice insurance, but have started looking into it. Is it something worth having and if so who's a good provider? I have looked into nso and they seem decent. Any thoughts would help. Thanks.

Has anyone ever had to use it?

Definitely get malpractice insurance. The two major ones mentioned here a lot are NSO and Marsh (Proliability). I personally have Marsh and I paid a little over $100 for it for the entire year. High-risk specialities have to pay more, such as L&D. Both companies offer a first year discount for new grads. If you don't have malpractice insurance, you will be represented by your employer's legal consultant however they are always looking out for the FACILITY'S best interest, not yours. Also, you may be named in a malpractice suit that happened years ago and maybe you're no longer working at that facility anymore. This happened to one of my nursing instructors...she was called into court for something that happened 20 years ago.

Thanks everyone. It seems like it is something worth having. I think that I'll go through NSO. Thanks again.

Additionally, totally apart from the risk of being sued for malpractice (which is admittedly v. slim, statistically, for nurses), your own insurance covers you if you have to appear before the BON to defend your license; it covers you (provides legal representation) if you are called as a witness in a suit against someone else (oh, say, one of the physicians you work with); and covers you outside of work -- any volunteer work you may wish to do, helping a friend or neighbor, responding to an accident. One's employe'rs insurance doesn't cover any of these things.

So will insurance cover things that have happened years in the past before you were covered or does it only cover from the time of purchase?

Quote from RNewbieSo will insurance cover things that have happened years in the past before you were covered or does it only cover from the time of purchase?

OP: I suggest reading other threads on malpractice insurance - there are several.

Quote from GrnTeaThis is one of the things you ask before you buy. Some will cover you for something that happened whenever so long as you are paying premium NOW. Some will cover you for something that happened whenever if you were paying premium THEN. Ask. Never, ever be afraid to ask