Professionals Advocate Auto Insurance Review

Introduction

Many medical professionals have a higher-than-average salary due to the excessive demands of their profession.

Often they are on call even when they are not actively on the job.

The advantage of more pay can easily be balanced with the many years of high-cost schooling it took to get them to that point as well as the terrific work load and higher responsibility they experience.

It is easy to assume that everyone has about the same needs when it comes to insurance. However, purchasing insurance can be a bit more important for a professional than it is for the average consumer. Medical professionals such as dentists and doctors have unique needs since they deal in high-risk situations daily. Being properly insured is even more essential when one considers that their business is another person’s health, let alone choosing simple personal auto insurance.

Overview

Professionals Advocate, also known as ProAd, is a liability insurance company for physicians. This company was created by a group of doctors who saw the need for high quality insurance to protect doctors and dentists from losing their careers and credibility through no fault of their own. They offer several coverage options as well as claims defense and risk management support.

Types of Policies

• Professional Liability

If a medical professional is legally liable for bodily injury, personal injury or property damage of a person due to something he did or did not do; Professionals Advocate can keep him from great financial loss. They have an individual policy for medical doctors acting on their own as well as a policy for organizations or health care provider groups. They offer additional policies for professional liability not covered under one of these.

• MedGuard

If a person in the medical field makes an error, he is often involved in a lawsuit. Professionals Advocate defends the medical professional and any organization with which he is associated by helping lower the costs of legal proceedings.

• Tail Coverage

It takes time for some malpractice suits to be filed, so it is entirely possible to have a claim years after the original service was rendered. Once a medical professional has retired or terminated his policy due to personal injury, he can be covered for future claims against him if he was with Professionals Advocate for at least a year and was insured by the company at the time of the incident.

Other Programs

• Risk Management

Professionals Advocate provides health professionals with the resources needed to make sure claims do not occur in the first place. These resources help a doctor or dentist set up a proactive plan to reduce the risks of a claim.

• Claims Management

In the event a claim does occur, ProAd does not leave its insured professionals to fight alone. It offers many resources on its website to help the doctor or dentist through the maze of litigation and the stress involved.

Frequently Asked Questions

1. Who can benefit from a Professionals Advocate insurance policy?
   Any health professional can apply for a policy with Professionals Advocate. It is designed especially with doctors and dentists in mind.
2. Why does a doctor need liability insurance?
   Medical professionals can make mistakes just like any other human being. These errors are more costly for them because they deal on a daily basis with human health. This insurance protects a doctor from great financial loss due to frivolous suits as well as those for which he is culpable.
3. Is liability insurance the same as malpractice insurance?
   Yes, liability and malpractice insurance are the same. However, Professionals Advocate offers the unique advantage of casualty car insurance for doctors as well.
4. How can an auto policy through Professionals Advocate be of special benefit to medical professionals?
   A medical professional’s work can often take him out of the office or hospital. A ProAd auto policy can insure that he is covered while renting a car or using his personal car for company purposes.
5. How is an auto insurance rate decided?
   Many factors can affect an auto insurance rate. The driver’s age, gender, medical specialty and driving history are considered as well as the car’s make, model and available safety devices.

Pros of a Professionals Advocate Auto Policy

• Gives medical professionals peace of mind
• Created by doctors
• Assures support in case of a lawsuit
• Rated “A-” (Excellent) by A.M. Best

Cons of a Professionals Advocate Auto Policy

• Only covers medical professionals when doing business for the company
• Casualty-only insurance

Summary

Although a doctor may have more money to lose when it comes to a lawsuit, he also has a higher risk of being sued.

This is true whether an accident occurs on the operating table or while he is operating his automobile. Professionals Advocate protects the medical professional in both areas and gives him the resources he needs to make the world a healthier and safer place.

While you may not be looking for professional insurance, you should make sure you save the most money on auto insurance. If you haven’t already, make sure you check out our FREE auto insurance comparison tool!