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Yes, it is much higher, although the specifics depend on which medical or chiropractic specialty you have, and what country/state you are in.
Medical malpractice insurance can cost anywhere between $20,000 and $100,000 per year, whereas chiropractic malpractice insurance costs anywhere from $100 to $2500 per year.
The difference is due to the higher risk procedures that medical doctors carry out in comparison to chiropractors (eg: drugs and surgery vs spinal manipulation and exercise), as well as the greater severity of the conditions medical doctors treat in comparison to chiropractors (eg: heart attacks and strokes vs back pain and headaches).
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