South Pinellas Medical Trust
Your trusted partner for professional liability insurance
The South Pinellas Medical Trust provides professional liability insurance to more than 200 professionals in southern Pinellas County, Florida. Founded during the professional liability insurance crisis in 1976, the Trust has been in continuous operation ever since 1976 and has saved member physicians millions of dollars.
Established in 1976
We deliver results for your practice
Founded in 1976, South Pinellas Medical Trust has been a trusted partner in the healthcare industry for over four decades. Specializing in professional liability insurance for medical professionals, we are dedicated to delivering results that safeguard your practice.
With a proven track record and a commitment to excellence, we understand the unique challenges faced by healthcare providers and strive to provide comprehensive coverage tailored to meet your specific needs.
What to Expect
PURE LOCAL INSURANCE
A trust, not a company.
Frequently asked questions
We’re here to help answer your questions
The State Minimum coverage is $250,000 per person and $750,000 aggregate for physicians who go to Hospitals, otherwise it’s $100,000 per person and $300,000 aggregate. You may obtain a letter of credit from a bank to meet this obligation but will be obligated to pay any potential claims yourself and all of your defense costs.
Once you stop paying premiums into a claims-made policy in order to have continuing coverage you need to have tail coverage. The Trust either fully pre-funds your tail coverage or pre-funds it over a number of years for our base 250/750 coverage. This is unique and a big advantage since our tail rates are lower than others and you don’t end up with an unexpected bill of 1.5 to 2 times your annual premium.
Yes, even if you have our $1 Million coverage, you should set up an asset protection plan with an attorney specializing in this area to protect you in the event of a runaway jury verdict.
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