Medical Malpractice Insurance in New York

State requirements, costs, and coverage options

Complete guide to malpractice insurance in New York. Average premiums are 1.8x the national average. Minimum coverage required: $1.3M/$3.9M.

New York Insurance Market Overview

Premium Level

1.8x

National Average

Min Coverage

$1.3M/$3.9M

Required Limits

Tail Coverage

Optional

State Requirement

PCF Available

Yes

Compensation Fund

Major Cities in New York

Popular Specialties in New York

New York Regulatory Environment

Coverage Requirements

  • Minimum limits: $1.3M/$3.9M
  • Tail coverage optional
  • Patient compensation fund available

Market Characteristics

  • Premium level: High
  • Region: Northeast
  • Multiple carriers available
Reviewed by
David Rodriguez
State Insurance Specialist
Licensed Insurance Broker (NPN #12345678)
Last Updated: January 21, 2025
BBB A+
20+ Years
AMSUS
AMA
State Medical Associations

Get Coverage in New York