Indiana Professional Liability - 2025 Guide
Indiana's medical malpractice insurance premiums are relatively inexpensive compared to neighboring states. Indiana pioneered comprehensive medical liability reforms through the Indiana Compensation Act for Patients (INCAP) of 1975. These reforms include the establishment of a Patient Compensation Fund (PCF), which provides excess coverage for claims beyond primary insurance limits, resulting in a more stable malpractice insurance market.
Medical Malpractice Insurance Requirements in Indiana
Indiana requires physicians to carry a minimum of $400,000 per claim and $1.2 million annual aggregate coverage to qualify for the state's liability reforms and access to the Patient Compensation Fund. The first amount is how much your insurance provider will pay per claim, and the second amount indicates your annual limit. Many physicians opt for higher limits, such as $1 million per claim, to align with practices in neighboring states lacking a Patient Compensation Fund.
Occurrence vs Claims-Made Malpractice Policies in Indiana
Claims-made policies are more commonly purchased in Indiana, though occurrence policies are available.
Coverage applies to incidents that occur during the policy period, regardless of when the claim is filed.
Coverage applies to claims filed during the policy period, requiring tail coverage for future claims.
Leading Medical Malpractice Insurance Companies in Indiana
In addition to the below insurers, DocShield typically provides your practice with quotes from several other highly rated insurers. Ratings provided by AM Best (the leading insurance credit rating agency).
MedPro
ProAssurance
Curi
The Doctors Company
Malpractice Insurance Cost in Indiana
The data below represent undiscounted premiums. DocShield is often able to save practices 30-50% relative to these rates.
| Medical Specialty | Average Premium | Lowest Premium |
|---|---|---|
| Anesthesiology | $7,000 | $5,814 |
| Cardiovascular Disease - Minor Surgery | $8,500 | $6,782 |
| Emergency Medicine | $12,600 | $9,893 |
| Family Practice - No Surgery | $6,200 | $4,844 |
| Gastroenterology - No Surgery | $7,100 | $5,991 |
| General Practice - No Surgery | $6,200 | $4,844 |
| General Surgery | $20,100 | $16,471 |
| Internal Medicine - No Surgery | $6,500 | $5,329 |
| Neurology - No Surgery | $8,500 | $6,782 |
| Obstetrics and Gynecology - Major Surgery | $28,200 | $22,206 |
| Occupational Medicine | $4,300 | $3,365 |
| Ophthalmology - No Surgery | $4,400 | $3,433 |
| Orthopedic Surgery - No Spine | $16,500 | $13,284 |
| Pathology - No Surgery | $6,200 | $5,329 |
| Pediatrics - No Surgery | $5,300 | $4,038 |
| Psychiatry | $4,300 | $3,391 |
| Pulmonary Disease - No Surgery | $8,100 | $5,991 |
| Radiology - Diagnostic | $7,300 | $5,814 |
Working with Medical Malpractice Insurance Brokers in Indiana
A licensed broker can help you navigate the administrative work involved in getting quotes and the nuances of choosing a policy that fits your particular practice. Importantly, brokers work for you, not a single insurer, so they can shop across multiple insurers to find you the most competitive premium for a high-quality policy.
Buy Affordable Malpractice Insurance with Docshield
We've built the fastest application process in the industry so you don't have to disrupt your schedule to shop for coverage. After you select a policy, we automatically scan the market every year before renewal to ensure you're paying a fair price.
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Indiana Statute of Limitations
Medical malpractice claims must be filed within two years from the date of the alleged act or omission. Exceptions exist for minors under the age of six, who have until their eighth birthday to file, and for injuries discovered after the two-year period.
Tort Reform in Indiana
Indiana's Medical Malpractice Act includes: i) a total cap of $1.8 million on recoverable damages, with $1 million provided by the Patient Compensation Fund, ii) limits on attorney fees to 15% of the award for cases involving the Patient Compensation Fund, iii) mandatory review of claims by a medical review panel before proceeding to court, and iv) collateral source rule reform, periodic payments for damages, and an apology law allowing expressions of sympathy without being admissible as evidence of liability.