Policyholder Services

If I have a claim, will it increase my premium or allow you to cancel my coverage?

Since we are a Risk Retention Group owned by and managed for ophthalmologists, we do not focus exclusively on frequency or severity when we evaluate a judgment or a settlement. We also want to know whether there has been a breach in the standard of care and why. That evaluation will decide our course of action. The mere filing of a claim will not result in a policy surcharge. Reporting a claim won’t even jeopardize your eligibility for the “loss free” discount; however, if the claim closes with payment of damages, this discount will no longer be available to you until you are once again “loss free” for two years.

Please refer to OMIC's Copyright and Disclaimer regarding the contents on this website

Leave a comment

Six reasons OMIC is the best choice for ophthalmologists in America.

Largest insurer in the U.S.

OMIC is the largest insurer of ophthalmologists in the United States and we've been the only physician-owned carrier to continuously offer coverage in all states since 1987. Our fully portable policy can be taken with you wherever you practice. Should you move to a new state or territory, you're covered without the cost or headache of applying for new coverage.