How to Buy NP Malpractice Insurance: The Complete Purchasing Guide

The NP Policy Buying Process — In 5 Steps

1. 1

   Know your baseline needs — specialty, employment status, state, and whether you need occurrence or claims-made.

2. 2

   Understand what you're comparing — limits, defense cost structure, disciplinary coverage, consent-to-settle rights.

3. 3

   Check the carrier's AM Best rating — don't buy from a carrier rated below A-.

4. 4

   Apply and get your declarations page — verify all your practice details are accurate before the policy binds.

5. 5

   Annual review — review coverage whenever your role, specialty, or employment changes.