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Medical Malpractice Insurance in Vancouver WA & Portland OR

As a healthcare provider, you've spent your life working to help others—but if you make a mistake, you could end up facing a medical malpractice lawsuit. With the average jury award just under $800,000, medical malpractice insurance could be the only thing standing between you and having to close down your entire practice.

However, these cases can be difficult to resolve. As noted by the National Association of Insurance Commissioners, quite a lot of funding goes into investigating claims and determining whether or not malpractice occurred. If it didn't, then patients often have no basis for a lawsuit.

If a patient does have a basis for a claim, Altech Insurance Agency agents will work with you throughout the defense process to help cover losses in the event you're found liable for malpractice. Remember, there are no forms of medicine that are immune to malpractice suits. Whether you're a general practitioner or a dedicated specialist, there's always the chance of something going wrong, and more frequently, patients believing you did something wrong.

 

Medical Malpractice Coverage

Medical malpractice policies cover liability associated with any form of wrongful practice (intentional or not), with a particular emphasis on bodily injury, property damage, and medical expenses. They also cover defending against lawsuits related to these (many of which can take more than a year to reach a successful conclusion).

There are two major types of coverage:

·         Occurrence policies cover against losses that happen during the period that a policy was in force, since many people may not file suit for more than a year after the alleged malpractice incident. Once the suit is filed, it may take more than two years to resolve.

·         Claims Made policies cover any claims that are made during the time the policy is in force (and usually for a set period of time afterward, in the case of ongoing litigation).

A majority of malpractice cases can and will be settled out of court, without ever having to risk the high claims of a trial. Altech Insurance Agency agents try to work towards this outcome whenever they can—settlements rarely happen until late in the process, but they allow for lower payouts when necessary. This helps us keep your premiums low, and protects you from the anxiety (and interruption of your business) that a trial can bring.

Be sure you know which type of medical malpractice insurance you have and how long it covers you for, since this can determine whether or not you have any coverage at all if a suit is brought against you. If you're not sure how long you'll need coverage for, one of our agents can talk with you about your plans for the future and how much insurance you need.

1. Goguen, David. "National Medical Malpractice Statistics." MedicalMalpractice.com. Accessed April 20, 2016. http://www.medicalmalpractice.com/national-medical-malpractice-facts.cfm.

2. "Medical Professional Liability Insurance." Accessed April 20, 2016. http://www.naic.org/cipr_topics/topic_med_mal.htm.

3. "What Percentage Of Medical Malpractice Cases Settle Versus Go To Trial." Lawyer Locator. Accessed April 20, 2016. http://www.lawyerlocator.com/medical-malpractice/percentage-of-cases-settled-versus-trial/.

Our Location

Altech Insurance - Vancouver, WA

7813 NE 13th Ave
Vancouver, WA 98665
Main office: 360-573-3080
Fax: 360-573-7750

Our Providers

Testimonials

I've been using Altech for my insurance needs for over 15 years and have yet to be disappointed. They are the best at shopping for policies, they're easy to work with and have always been more than helpful. I would not hesitate to recommend them to anyone of my friends or family members.

Mik H.
The best insurance agency I have ever dealt with - and there's been a long list!!!!!!

Ron S.
They are understanding, caring, thoughtful, professional, and knowledgeable. I trust them and know that they have my best interest at heart. I can't imagine going anywhere else because they make me feel like their top priority whenever I call. Thank you Altech for being always being there for me and always making me feel welcome.

Steven E.
7+ years of dealing with Altech, for auto and renters insurance, we're very happy. Everyone we've referred is also very happy. Honest, quick service, return calls when they say they will, that's a big deal around here.

Gary V.
A Lasting Tradition of Excellence, Caring & Honesty is a wonderful motto for this company. Thank you Altech for your wonderful years of taking care of my family.

Sheryl L.
As a small business owner, finding true professionals to work with can be a task in itself. After contacting a number of insurance agents, I felt a kindred soul with Neil at Altech Insurance. I highly recommend Neil and his team for all your insurance needs.

Dustin
Altech Insurance Agency is the best. Thanks for all your help.

Dan and Jenny
Altech is a full service agent that will be there with you from the inception of your policy and available to answer all your insurance questions. I would highly recommend them for any of your insurance needs.

Chris S
Altech actually answers the phone and took as much time as I needed to answer my questions. It has been a stroke of luck to find an agency that puts me first, and listens and explains insurance so I can understand it. I would highly recommend giving them a call!

John W.
My family has been with Altech Insurance since January 1, 2003. Neil Worland and staff has taken care of our Home, Auto, Boat, and life insurance for all these year. This office is just wonderful, you feel like you have a friend when you need something or HELP, even after office hours.

Sheryl L.
Altech has always treated us well and with respect. They are not only in business to make money, but also to build relationships with their clients. They will work to get you the best deal and will always make sure you have the amount of coverage and the right coverage for your needs. I have never felt like a number when dealing with them. I highly recommend them for all of your insurance needs.

Mike R.
The best insurance agent we have ever had. Gives us the best prices on our insurance plans every year. Exceptional customer service. Answers the phone and gets information to us super fast. We will never use another agent. We are spoiled with Neil, thank you, thank you!

Pam H.