An issue that every physician must contend with is the subject of malpractice insurance. Medical malpractice insurance is one of the largest expenses a physician will face in their career. The subject of malpractice is often shrouded in mystery. It can be very time-consuming, especially if it is the first time confronted with this expensive issue. Physicians who take the time to understand and buy malpractice insurance will save money and ensure they receive the right type and amount of coverage. This chapter will discuss the concept of malpractice insurance and what every young doctor needs to know about this issue.