Virginia Malpractice Insurance

Virginia generally has a positive medical liability climate for physicians. The commonwealth’s rates are especially moderate when compared to its neighboring states. 

Our 2022 Physician Buyers Guide for purchasing malpractice insurance in Virginia gives you the information necessary to obtain the strongest, most financially secure policy at the best price. When shopping for coverage, you need a full view of the Virginia marketplace to find the company that best fits your situation. Choose a broker that can offer multiple quotes from all the major malpractice insurance companies in Virginia.

How to buy malpractice insurance in Virginia.

The best way to buy malpractice coverage is to work with a reputable malpractice insurance broker in Virginia who can generate multiple quotes. Your broker will walk you through the lengthy insurance application and underwriting process. Click to get medical malpractice insurance quotes from every major Virginia malpractice insurance company.

Typically, the malpractice insurance purchasing process goes like this:

  1. Submit your information for your free medical malpractice insurance quote from every major insurance company in Virginia.
  2. One of our veteran malpractice insurance agents who specializes in the Virginia market will contact you to learn more about your specific needs.
  3. We shop your coverage to every major insurance company in Virginia.
  4. We present you with a number of insurance quotes and give you the information necessary to make an educated and informed decision. Don’t worry. We’re here every step of the way, helping you get the best price with the best company.
  5. At renewal time, we restart the process of shopping your coverage among every major carrier to keep your policy properly priced.

How to save money on your malpractice insurance.

  • The easiest way to save money on your medical malpractice insurance policy is by working with a broker who has the access to generate quotes from every major insurance company, offering an accurate view of the marketplace. As one of the top brokers in Virginia, we can guide you through the application and underwriting process so you’re confident you secured the best price with the right insurer for your situation.
  • The most common limits in Virginia are $1 million/$3 million. Limits of liability play a major role in determining the overall cost of your policy. Some companies will offer lower limits to save you money. We don’t recommend this. We want your risks fully indemnified so you never have to pay an award out of pocket. Let us save you money by shopping your coverage rather than skimp on protection.
  • Check out our 7 secrets your medical malpractice insurance agent won’t tell you page to get insider information on buying coverage in Virginia.

How much does medical malpractice insurance cost in Virginia?

Rates in Virginia vary greatly depending upon where you practice. For example, a general surgeon in Arlington (a suburb southwest of D.C.) could see an annual malpractice premium of $23,500. That same general surgeon could move their practice to Mechanicsville (a suburb northeast of Richmond) and see their malpractice premium drop to $15,000. This is one of the many reasons it’s important to work with an insurance agency that specializes in medical malpractice insurance. Below are mature, base rates with no credits or discounts. We typically get our clients a 30-50% reduction from these rates:


  • Internal Medicine Average Rate $6,934
  • General Surgeon Average Rate $20,802
  • OB/gyn – Average Rate $28,411
Request a quote

Medical malpractice requirements in Virginia.

Limits of Liability: The most common limits of liability in Virginia are $2.45 million per claim with an annual aggregate cap of $7.35 million.

Most hospitals require a physician carry malpractice insurance prior to granting admitting privileges. Some of the hospital systems requiring this include, but are not limited to, Carilion Roanoke Memorial in Roanoke, Centra Lynchburg General Hospital in Lynchburg, Henrico Doctors’ Hospital in Richmond and Inova Fairfax Hospital in Falls Church.

Best Medical malpractice insurance companies in Virginia.

  1. The Doctors Company
  2. ProAssurance Indemnity Co.
  3. Medical Protective
  4. Coverys
  5. Professionals Advocate Ins. Co.
  6. MAG Mutual

Why partner with Cunningham Group?

Partnering with Cunningham Group will give you a full view of the Virginia marketplace. We can get you quotes from all the major insurance companies and help you choose the policy that best fits your needs and budget. Our company was founded in Virginia, and this is where our headquarters is located. We know Virginia better than any broker in the state. Our veteran insurance agents average 15+ years of industry experience. Let us help you secure medical malpractice insurance quotes from every major insurance company in Virginia.

Historic Medical Malpractice Insurance Rates in Virginia for Physicians.

Brief History and other important facts of medical malpractice insurance in Virginia.

The Institute for Legal Reform’s (ILR) 2019 report, Ranking the States: A Survey of the Fairness and Reasonableness of State Liability Systems, ranked Virginia as having the twelfth most fair and reasonable state liability system in the country. The ILR is a division of the U.S. Chamber of Commerce. Virginia also has many active carriers, contributing to greater competition and lower overall rates.

Tort Reform in Virginia

Virginia was one of the first states to implement damage caps, which were enacted through the Medical Malpractice Act of 1976. Passed in response to the medical malpractice crisis of the 1970s, this law capped aggregate damages in the Old Dominion State at $750,000. Virginia is one of only a few states with an aggregate cap on damages. An aggregate cap is different from a noneconomic damage cap in that it applies to all damages (pain and suffering, medical bills, loss of income and punitive). The cap also applies to all defendants collectively, not per defendant. Virginia’s cap was set at cap was set at $2,050,000 in 2012 and will increase each year by $50,000 through 2031.

In addition to damage caps, the Medical Malpractice Act also instituted a system of medical malpractice review panels that are responsible for assessing the validity of medical malpractice claims. At the request of either party, the case can be directed to a panel that consists of two doctors, two lawyers and a judge who will review the claim and determine if it has merit. The panel is charged with determining whether the evidence supports the conclusion that the physician failed to comply with the standard of care and whether that failure caused the injury. The findings of the panel are non-binding, but any opinion of the medical review panel is admissible as evidence in a subsequent action.

Finally, in 1986, Virginia established its Birth-Related Neurological Injury Fund, which compensates infants who suffer permanent, disabling damage to the brain or spine caused by oxygen deprivation or injury during labor, delivery or resuscitation. The birth injury program was intended to remove delivery-room lawsuits from the court system and provide for an alternative way of compensating the plaintiff because these cases have a higher rate of success and tend to result in large monetary awards. The program restructured the way injured infants are compensated for their injuries by eliminating the lump sum awards common in malpractice awards; instead, providing payment on a reimbursement basis.