Orlando Harmon
Nurses are rarely sued, but when they are, it can be career-ending. NSO insurance is a popular option for nursing professionals seeking malpractice insurance. It's one of the leading providers of malpractice insurance and professional liability coverage for nurses in the United States. NSO insurance is worth it for some nurses, but not for others. For example, it may be worth it for nurses who work in agencies or travel nursing, or for those who want to protect their finances, career, and license. However, it may not be worth it for nurses who are covered by their employer or those who feel they don't need the extra protection. Ultimately, the decision to purchase NSO insurance depends on individual circumstances and risk tolerance.
| Characteristics | Values |
|---|---|
| Cost | $45 for the first year, $100 a year after that, $113 according to another source, and $162/year in Florida |
| Reputation | NSO is a legitimate company, the default company for malpractice insurance, and the majority of nurses who hold insurance go through this company |
| Pros | Provides peace of mind, helps protect in case of a patient attack, provides nursing malpractice insurance coverage to more than 500,000 nurses in the U.S., including student nurses, RNs, and nurse practitioners, offers discounts for students and recent graduates, easy to work with, can be added to a benefits package, offers a Business Owner Coverage Extension, and has excellent financial strength ratings |
| Cons | Nurses rarely get sued, and those who do are usually covered by the hospital, there may be long wait times and a lack of responsiveness from customer service, and there is a $1 million coverage limit per incident |
| Neutral | It may be useful if you are reported to the State Board for reckless conduct that puts you in danger of losing your license |
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What You'll Learn
NSO insurance is relatively cheap at $100 per year
Despite this, NSO insurance can still be a valuable investment for nursing professionals. It is one of the leading providers of malpractice insurance and professional liability coverage for nurses in the United States, offering protection for individual nurses in the event of a lawsuit. This can be especially important for nurses who work outside of a hospital setting, such as in agency or travel nursing, where the "respondeat superior" doctrine may not apply.
NSO insurance also offers a range of additional benefits, such as the “Business Owner Coverage Extension," which provides malpractice protection for business entities as well as individual employees. The option to add a Business Owner's Policy (BOP) further enhances this protection, including property and liability coverage for businesses.
Furthermore, NSO has a strong financial backing and excellent ratings from reputable sources, ensuring peace of mind for policyholders. The company is known for its ease of working with customers, whether during the process of obtaining coverage or filing a claim. NSO also provides discounts for students and recent graduates, making it an even more affordable option for those just starting in the nursing field.
While the $1 million coverage limit per incident may be considered a downside by some, NSO insurance still offers valuable protection for nursing professionals at a relatively low cost.
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Nurses rarely get sued
NSO insurance is a leading provider of malpractice insurance and professional liability coverage for nurses in the United States. It is a legitimate company that has been around for a long time and is considered the default company for malpractice insurance. NSO policies are underwritten by CNA Financial Corporation, which has excellent financial strength ratings. NSO insurance can be acquired individually or as part of an employee benefits package. The cost depends on factors such as specialty, experience, location, coverage amount, and claims history.
Some nurses choose to purchase NSO insurance for peace of mind, even if they work in a hospital that provides coverage. NSO offers a Business Owner Coverage Extension, providing malpractice protection to both the business entity and individual employees. It also offers protection in the case of a patient attack. However, NSO insurance has a $1 million coverage limit per incident, and some incidents may require higher payouts.
While some nurses have had positive experiences with NSO, others have encountered issues with responsiveness and claim that the insurance turned out to be useless. Ultimately, the decision to purchase NSO insurance depends on individual circumstances and risk tolerance.
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$14.99
$12.99 $14.95
NSO insurance may be unnecessary if you have employer-provided insurance
NSO insurance is a form of malpractice insurance for nurses. It is a popular option for nursing professionals, with over 500,000 nurses in the U.S. holding a policy with them. It is also relatively affordable, with annual premiums ranging from $45 to $162.
However, some nurses question the necessity of NSO insurance, particularly those who have employer-provided insurance. While malpractice insurance is essential for nurses to protect their licenses, careers, and personal assets, employer-provided insurance may already offer this protection.
NSO insurance may be unnecessary for nurses with comprehensive employer-provided insurance that covers all the risks associated with their profession. It is important to note that employer plans may only provide partial coverage, leaving nurses exposed to certain risks. In such cases, additional coverage through NSO insurance or another provider may be beneficial.
For example, NSO insurance can provide protection in the event of a patient attack, which may not be covered by employer-provided insurance. Additionally, NSO offers a "Business Owner Coverage Extension," which provides malpractice protection to both the business entity and individual employees. This added layer of protection may be valuable, especially for nurses who work in high-risk areas or those with significant personal assets to protect.
Ultimately, the decision to purchase NSO insurance depends on an individual nurse's specific circumstances, the nature of their work, and the extent of their existing coverage. While it may offer additional peace of mind, it may also be an unnecessary expense if comprehensive protection is already provided by an employer.
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NSO has excellent reviews and a strong financial position
NSO insurance is a well-known option for nursing professionals seeking malpractice insurance. It is one of the leading providers of malpractice insurance and professional liability coverage for nurses in the United States. NSO policies are underwritten by CNA Financial Corporation, which includes the Continental Casualty Company, an insurance provider that has been in business since 1897. CNA has excellent ratings in terms of financial strength and holds an A rating from A.M. Best, an A2 rating from Moody's, and an A+ rating from Standard & Poor's. As of 2021, NSO provides nursing malpractice insurance coverage to more than 500,000 nurses in the US, including student nurses, RNs, and nurse practitioners.
NSO has a strong financial position and excellent reviews. The company is financially sound, and it has a reputation for being easy to work with, whether you're seeking coverage or filing a claim. NSO also offers discounts for students and recent graduates, making it an affordable option for those starting their nursing careers. Additionally, NSO provides a "Business Owner Coverage Extension," which offers malpractice protection to both the business entity and individual employees. This added coverage can be beneficial for nursing businesses and practices.
NSO insurance is widely recognised as legitimate and reputable. It is considered the default company for malpractice insurance, with many nurses choosing to obtain their insurance through NSO. The company has been in business for many years, and its longevity speaks to its stability and reliability. Testimonials from nurses who have used NSO insurance highlight its benefits, such as providing legal support and peace of mind. Some nurses have shared positive experiences with NSO, praising their responsiveness and assistance in providing lawyers when needed.
While individual experiences may vary, and there may be occasional complaints about wait times or customer service, the overall consensus is that NSO is a trusted and reliable provider of malpractice insurance for nurses. Its strong financial position and positive reviews give nurses confidence in their choice of insurance provider. NSO's focus on nursing professionals ensures that they understand the specific needs and challenges nurses may face in their careers. This specialised focus sets NSO apart and contributes to its reputation as a leading provider of malpractice insurance for nurses.
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NSO provides malpractice insurance to over 500,000 nurses in the US
NSO, or the Nurses Service Organization, is one of the leading providers of malpractice insurance for nurses in the United States. As of 2021, NSO provides malpractice insurance to over 500,000 nurses in the US, including student nurses, RNs, and nurse practitioners.
NSO malpractice insurance is an excellent option for nursing professionals seeking malpractice insurance. The company has strong reviews and a reputation for being easy to work with, whether getting coverage or filing a claim. NSO policies are underwritten by CNA Financial Corporation, which includes the Continental Casualty Company, an insurance provider that has been in business since 1897. CNA has excellent ratings in terms of financial strength, including an A rating from A.M. Best, an A2 rating from Moody's, and an A+ rating from Standard & Poor's.
NSO insurance can be acquired either individually or as part of an employee benefits package, in which case it is covered by the employer. The cost of NSO insurance depends on factors such as the nurse's specialty, level of experience, location, amount of coverage, and history of claims. For example, the annual cost of NSO insurance is $100 per year for most nurses, but one nurse in Florida reported paying $162 per year due to being in a heavily liable area. NSO also offers discounts for students and recent graduates.
NSO malpractice insurance provides important protections for nurses that may not be covered by their employer's insurance plan. For example, NSO insurance can help protect a nurse's career, license, and financial future in the event of a malpractice claim. NSO provides guidance to nurses on the process of filing a malpractice claim, which can be a stressful experience. When an incident occurs, a claim consultant from CNA will contact the insured nurse within 24-48 hours to explain the next steps and discuss attorney options.
While some nurses have expressed concerns about the value of NSO insurance, noting that nurses are rarely sued and often covered by their employer or hospital, others have shared positive experiences with NSO's response to their legal needs. Ultimately, the decision to purchase NSO insurance depends on individual circumstances, including the level of risk associated with one's nursing specialty and the desire for additional peace of mind and protection.
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Frequently asked questions
NSO is a legitimate company and is considered one of the leading providers of malpractice insurance for nurses in the United States. While some nurses have had a poor experience with NSO, citing a lack of responsiveness, others have praised the company for its ease of use and strong reviews. Ultimately, the decision to purchase NSO insurance depends on individual needs and preferences.
NSO insurance provides nursing professionals with malpractice insurance and professional liability coverage, helping to safeguard their careers, licenses, and financial futures. NSO also offers a "Business Owner Coverage Extension", which provides malpractice protection to both the business entity and individual employees.
The cost of NSO insurance depends on factors such as specialty, level of experience, location, amount of coverage, and history of claims. Prices range from $45 to $162 per year, with some nurses paying $100 or $113 annually.
