Should I Carry Malpractice (Liability) Insurance?

Siri, I started looking for clinical spots last week and the first thing I did was reinstate my malpractice. As a new grad RN it is costing me, in NYS, $50 a year for 6mm/1mm coverage. Small price, indeed.Thanks for a timely reminder.

Excellent, Sue. Wise decision.

One bright spot in my financial year(unemployed but still carrying it) is the fact that my malpractice insurance did not go up this year.

That is good news, oramar.

That's really interesting, I honestly haven't put much thought into that. So sirI at what point would you recommend that we look into malpractice insurance? I am still a student but I want to be prepared for these kind of things ahead of time.!Chris

Got mine last year!

Excellent advice, sirI! I encourage my students to purchase their own liability insurance upon graduation. (In our program, each student is required to purchase liability insurance at a very inexpensive student rate from a provider that contracts with our college of nursing.)

Quote from cjcsoon2brnThat's really interesting, I honestly haven't put much thought into that. So sirI at what point would you recommend that we look into malpractice insurance? I am still a student but I want to be prepared for these kind of things ahead of time.!Chris

This is excellent information to have!My program briefly discussed malpractice insurance with us, but no one (to the best of my memory) actually made recommendations. My nursing journals always have the NSO insurance application at the front of the magazine, but I honestly never really paid much attention. You can bet I will now. As a matter of fact, I'll complete an app today. It's well worth it not to worry about it.Thanks again!

Smart, donster.You will receive the same student rates for your 1st year after graduation, too, with NSO.

got my nso insurance when i was a student. in our litigious society, the small cost of having nursing malpractice insurance makes it almost a no-brainer.

You are absolutely correct, emtb2rn!!