This varies by specialty&#x2F;subspecialty, state, and even zip code (I&#x27;m an resident).<p>Rates are tough to find.  I found a carrier in California that publishes their rate ranges, but California is one of the few states that has malpractice reform and damage caps.  Their rates are considerably lower than in other areas.  Physicians can safely carry $1million&#x2F;$3million policies and be adequately protected, and as a result, premiums are much lower.<p><a href="http:&#x2F;&#x2F;www.gallaghermalpractice.com&#x2F;state-resources&#x2F;california-medical-malpractice-insurance&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.gallaghermalpractice.com&#x2F;state-resources&#x2F;californ...</a><p>By contrast, in Massachusetts, many HUGE verdicts have come out against physicians recently ($14 million against a radiologist in 2014), so now $3million&#x2F;$5million is becoming the minimum, with physicians taking out ever larger policies in more litigious specialties.<p>To get down to brass tacks, the only physicians reliably making $500k annually are orthopedic surgeons these days.  Their rates range from average $25,281, with minimum $10,995 and max $56,363.  That&#x27;s 5-10% of their pre-tax income just to practice medicine.<p>I know of obstetricians that had to sell their practices and join the local academic center because their individual malpractice premiums hit $120k a year.