Admitted Lawyers Professional Liability Insurance Coverage Highlights

Coverage Highlights

  • Available in all states except CA, OR, and LA
  • Limits up to $5M on eligible accounts
  • Broad definition of professional legal services including notary public, title insurance agent, and publication or presentation of research papers or similar materials
  • Predecessor firm coverage included
  • Loss of earnings
  • Disciplinary proceedings
  • Coverage provided for independent contractors and "of counsel"
  • Ability to quote from competitor's full application

Coverage Eligibility

  • 1-20 attorneys with a minimum of one full-time attorney
  • Minimum of three years of experience
  • No coverage for employed attorneys

Firms Typically Not a Fit

  • Firms with hazardous AOPs to include:
    • Acquisitions/mergers
    • Bonds
    • Collection firms
    • Class action/mass tort
    • Entertainment
    • Environmental
    • Intellectual property (C/P/T)
    • Investment counseling/tax options
    • Oil and gas
    • Medical malpractice
    • Product liability
    • Securities
  • High-net-worth clientele
  • Joint venture with clients
  • High percentage of revenue generated from one client
  • Previous non-renewal due to claim activity/disciplinary action
  • Severe claim or incident activity