Compare Nurse Malpractice Insurance Options

Save an average of 20% on malpractice insurance from Berxi.

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Broker Fees
Other Insurers
Up to 40%
Berxi
None
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Financial Rating (per AM Best)
Other Insurers
Ranges from A to A++
Berxi
Berkshire Hathaway Specialty Insurance Company A++ rated carrier
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Consent to Settle Clause
Other Insurers
May settle without your consent
Berxi
Included
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Limits of Insurance
Other Insurers
Must call to request limit options
Berxi
Flexible limits of liability up to $1M/$6M. Customizable based on your level of risk.
Discounts for Recent Graduates*
Other Insurers
Offered for limited basis
Berxi
Offered up to 3 years after graduation
Telehealth Services Coverage
Other Insurers
Included
Berxi
Included
Coverage Extensions
Other Insurers
Berxi
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Board Action and License Protection Coverage
Other Insurers
Varies. Starts at $10,000 per incident.
Berxi
Up to $25,000 per claim / per policy period
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HIPAA Violation Coverage
Other Insurers
Included
Berxi
Up to $25,000 per policy period
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Reputation Protection Coverage
Other Insurers
Not always included
Berxi
Up to $50,000 per claim. Not capped.
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Wage Loss/Deposition Expense Coverage
Other Insurers
Starts at $500 per day. Capped at $25,000, per policy period.
Berxi
Up to $1,000 per day. Not capped.
Optional Coverages
Other Insurers
Berxi
Medicare/Medicaid Reimbursement
Other Insurers
Not always available
Berxi
Available. $25,000 per policy period (in addition to policy limit). 2% charge.
Medical Director or Administrator Coverage
Other Insurers
Not always available
Berxi
Available. Shares policy limits. $500 charge.
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General Liability
Other Insurers
Available. Up to $250 charge
Berxi
Available. $150 charge

The Berxi Difference

You work hard to care for your patients, and you deserve the best malpractice insurance for nurses. Berxi offers comprehensive, top-rated coverage for nurses of all kinds. Here are a few things that set us apart.

We can save you an average of 20%.

Berxi is a direct-to-customer insurer. This means we’re not just the people who sell you an insurance policy – we’re also the people who handle your claim. Working directly with us eliminates many fees that are typical in insurance transactions and helps us bring you the best-priced nurse malpractice insurance possible. In fact, our customers save an average of 20% versus industry standards. We also offer special rates and discounts for nursing students and recent graduates, so you can save on our top-rated protection when you’re starting your nursing career.

We have market-leading financial strength and stability.

Berxi is part of Berkshire Hathaway Specialty Insurance Company, which has an A++ (Superior) financial strength rating. That means every policy we write is backed by market-leading financial stability and insurance expertise, which we think makes us the best choice for malpractice insurance you can count on.

You can do everything online.

Unlike other insurance companies, Berxi gives you 24/7 access and complete control over your coverage. You can manage every aspect of your Berxi policy through our easy-to-use online portal. Not only can you get a quick quote and purchase your policy in just a few clicks, but once you’ve purchased a policy, you can also access documents, update your account information, and manage your payment options online. And if you ever need to file a claim, you can do that online, too.

We have world-class customer support and claims team.

When you call our support line, you won’t have to navigate through an endless phone tree or argue with a robot: You’ll reach one of our in-house product specialists who will work hard to answer all your questions. And if a claim is ever filed against you, our team of experts will help you to navigate the malpractice claims process, every step of the way. It’s all part of our mission to give you the best nurse malpractice insurance experience possible.

What the Best Nurse Malpractice Insurance Policies Will Cover

nursing-professional-with-patient

When looking for nursing malpractice insurance that best fits your needs, you want a policy that will do more than just protect you from the financial blow of a lawsuit. Berxi offers customized policies for nurses, meaning your coverage and price is tailored based on the specific risks you face in your job.

Berxi Malpractice Coverage: Key Features

Our policies are designed to offer some of the best coverage options for nurses. Berxi malpractice insurance policies include coverage for:

Settlement and claim costs

If you ever face a lawsuit, our policies can help cover your settlement costs. We offer flexible limits of liability, from $100,000 per claim/$300,000 total to $1,000,000 per claim/$6,000,000 total, so you can choose the amount of nurse malpractice coverage that’s best for you.

Defense counsel and legal fees

When facing a claim or lawsuit, we’ll retain a lawyer for you from our national network of vetted defense attorneys. We’ll also pay for related defense costs (e.g., lawyer fees, court fees, expert witness costs). Your defense costs are outside the limits of liability, meaning that they won’t cut into the settlement fees you may need to pay.

Lost wages and travel expenses

If you’re asked to attend litigation activities (e.g., a deposition), our policy will reimburse you for actual lost wages and any necessary expenses (e.g., travel, meals).

HIPAA violation defense

In the event that a claim alleges you violated privacy rules in connection with private health information, we provide you with access to counsel and will reimburse you for costs related to HIPAA proceedings — including relevant HIPAA fines.

Defense for licensing board actions

If a professional licensing authority is investigating matters related to your professional conduct, our policy provides you with legal defense.

Good Samaritan coverage

If you provide professional care to someone who is not your patient in a first aid or emergency situation, and that person files a claim against you, your policy will still apply.

Reputation protection

When you face a threat to your professional reputation, we can provide you with a crisis management/public relations consultant to help clear your name.

Consent to settle

We work with your defense attorney toward achieving the best possible outcome for your malpractice case. We won't settle a claim without your approval.

Worldwide coverage

Your policy applies on a worldwide basis, as long as a claim is brought against you in the United States (which includes any U.S. territories or possessions).

How to Choose the Best Malpractice Insurance for Nurses

Buying the best nursing malpractice insurance for your needs involves:

  • Researching providers by talking to other nurses or searching online.
  • Getting quotes from different providers based on your needs and what you want covered.
  • Choosing the provider that offers you the right mix of protection and affordability.

nursing-professional-caring-for-patient

Buying Through a Broker

An insurance broker – also known as a producer – acts as an intermediary between you and the insurance companies, and they act on your behalf. They'll get quotes from different companies and do the cross-comparison for you.

Buying through a broker can increase your costs: Brokers usually make a commission on each sale from the insurance company, often as a percentage of your annual payment. This can increase the cost of your policy year after year.

Buying Through an Agent

An insurance agent is like a broker in that they’re both intermediaries between insurers and customers, but agents act on behalf of the insurance companies. Like brokers, some agents make commissions on sales, which similarly can increase the cost of your policy year after year.

Also interesting to note: Some professional organizations may act as agents, known as program administrators. This means they too may earn a commission on the policy you purchase.

Buying Directly from an Insurance Provider

Buying directly from an insurance provider, rather than through a broker or agent, just means that you cut out the go-between and purchase your nurse malpractice insurance from the insurance company itself. While this model is less common, it has a number of benefits – especially savings. This is because there aren’t any commission fees and other costs associated with buying your policy; in fact, when you buy directly from Berxi, you can save an average of 20%.

Buying direct can be faster and easier than the alternatives since you can get online quotes in minutes. You can even purchase your policy in just a few more clicks. Plus, you can then access all of your insurance documents, renew your policy, and manage your account through a self-service online portal. And finally, you’ll have the benefit of a direct relationship with your insurer, rather than being mediated by a third party. If savings, ease, and trust matter to you, then buying your malpractice insurance directly may be best for you.

So How Much Does It Cost?

The best way to find out how much your nursing malpractice insurance will cost is to get quotes from different providers. To give you a general sense of what to expect, whether you’re an RN, LPN/LVN, nurse practitioner, or student, here are some starting costs for occurrence policies from Berxi, all with liability limits of $1 million per claim and $3 million aggregate:

  • RN, LPN & LVN: Around $81/year
  • Family nurse practitioner: Around $1,131/year
  • Psychiatric mental health nurse practitioner: Around $889/year
  • Student nurse (externship): Around $20/year
  • Student nurse practitioner (externship): Around $230/year