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Financial Considerations and Real-World Costs
The cost of malpractice insurance can vary significantly based on several factors, including your location, specialty, and the limits of liability you choose. On average, nurse practitioners might expect to pay between $500 and $1,500 annually for coverage1. While this is a general range, it's important to obtain quotes from multiple providers to ensure you're getting the best deal. Some insurers offer discounts for NPs who are members of professional organizations or have a claims-free history.