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00:00 Intro 00:20 What is professional liability insurance? 01:15 What is negligence? 01:50 What is malpractice? 02:23 Examples of malpractice 02:45 How often are nurses sued for malpractice? 03:10 Which nursing specialties are sued the most? 03:50 How many malpractice claims were filed against nurses in 2006? 04:30 How many total nurses were practicing in 2006? 05:10 What are nurses being sued for? 05:37 How many hours does it take for an attorney to defend a nurse? 06:35 Average out-of-pocket legal fees for nurses hiring an attorney 07:45 What’s the average cost of a nursing malpractice claim? 08:20 Hit the like button NOW 08:30 What does professional liability insurance cover? 09:56 Do we really need professional liability insurance? 10:03 No we don’t need liability insurance 15:20 Yes you do need liability insurance 15:45 Common misconceptions about not needing liability insurance 17:00 Misconception: nurses with malpractice insurance get sued more than nurses without malpractice insurance 18:45 Misconception: if I’ve got nothing to lose and am broke, they won’t sue me. 19:50: Misconception: it’s a waste of money, nurses don’t get sued. 21:00: Misconception: juries aware more money to the patient when they know the defendant is insured. 21:45 Misconception: I don’t practice in a high-risk speciality. 22:30 Misconception: I’m covered by my employer’s malpractice insurance. 25:35 Misconception: I have immunity. 26:30 Examples of why you might want your own attorney 27:10 Does your hospital always cover you under their malpractice insurance? 28:15 Golden nuggets from a podcast about nursing liability insurance Hey there, nursing professionals! In this video, I discuss the importance of nursing professional liability insurance, which is also known as malpractice insurance. As a nurse, you may be sued for alleged negligent acts or omissions that result in harm to patients. Having malpractice insurance can help protect you in case of a lawsuit and cover attorney fees and damages. In this video, I cover topics such as what negligence and malpractice are, how often nurses are sued for malpractice, and what types of claims are typically made against nurses. I also dispel common misconceptions about immunity and employer coverage, and I argue that malpractice insurance is affordable and necessary for nurses. So if you're a nursing professional or a nursing student, you won't want to miss this video! It's packed with valuable information that could save you a lot of trouble down the road