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Medical Malpractice Coverage & Cost Savings
A few examples of how Boynton and Boynton uses its market clout with carriers to produce dramatic cost savings for the highest quality coverage are as follows:
- A plastic surgeon in Newark, NJ, was paying more than $60,000 with a large insurance carrier. Boynton and Boynton moved her to a new carrier on an occurrence form with the same limits and she is now paying $36,000 per year.
- An internist in Monmouth County, NJ, was dealing directly with a large carrier, paying more than $30,000 due to claim frequency (no paid claims). Boynton and Boynton switched him to a new carrier and he is paying less than $12,000 with an occurrence policy with the same limits. Each medical malpractice carrier views claims differently.
- An internist/pulmonary physician was being surcharged by a larger carrier due to claims history and paying close to $40,000. He switched to Boynton and Boynton who moved him to a new carrier on a claims-made form. He is now paying $6,000. Not all brokers represent all of the carriers. Boynton and Boynton does.
To schedule an appointment with the firm’s malpractice insurance specialists,
Call Scott Hershkowitz at (732) 747-0800, ext. 151.
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