Legal Malpractice Insurance Medical Malpractice Lawyers

Legal Malpractice Insurance Medical Malpractice Lawyers: aggressive comparison shopping to find you the best coverage and price. Apply online.

‘A+’ insurers. Free quotes. 1-page application: download below or apply on-line. Group, legal malpractice insurance brokers and 

Legal Malpractice Insurance Medical Malpractice Lawyers: we’re Lawyers Insurance Group, legal malpractice insurance brokers and subject matter experts.

Our mission is to obtain the broadest coverage at the best price for every medical malpractice firm.

We accomplish this by scouring the market on firms’ behalf, leveraging our access to dozens of “A”-rated legal malpractice insurers.

We also provide attentive service, expert advice, strong coverage advocacy if you incur a claim, and a monthly premium payment option.

Fill out our on-line application to receive no-cost, no-obligation quotes.

We’ll send your firm’s application to all viable insurers, based on its risk profile, contact you when we receive their quotes, and answer all of your questions.

It’s a low-key process, without any sales calls or pressure.

Ia. Legal Malpractice Insurance Medical Malpractice Lawyers – Help for First-Time Buyers

Here’s what to expect, if you’re buying your first malpractice insurance policy:

A. The first step is to complete an application, either online or by downloading it.

    1. Focus on the practice areas grid, which asks you to allocate your billings by percentage per practice area, i.e., 30% family law, 20% personal injury law, etc. Your answers will greatly affect the premium.

If your firm has been open for a year or more, then fill out the grid based on your gross billings for the last 12 months. If it’s been open less than 12 months, fill out the grid based on your billings to date, plus your projections for the remainder of your first 12 months.

The application asks when your firm was founded, so the insurers will know if your figures are projections, and they won’t penalize you if your projections turn out to be inaccurate. When your policy renews next year, you’ll have a year of data, and will be able to accurately report your practice areas. 

Your coverage won’t be restricted to the practice areas that you list on the application. 

   2. Also focus on the questions that ask about your docket/calendaring and conflicts-checking procedures, and if you use engagement letters, etc.

You won’t get quotes unless you have at least basic risk management procedures in place, so don’t apply until you do.

Even if you don’t handle litigated matters, and thus don’t need a docketing system, you’ll still have deadlines to meet, and the insurers will expect you to use a primary and back-up calendar.

If you answer the questions “no”, i.e., you don’t use any calendaring or conflicts-checking tools, or a retainer agreement or engagement letter, then every insurer will decline your application. See #19 on our FAQs page for a list of acceptable tools. Some manual tools are listed, but computerized tools, i.e., practice management software, are preferred.

B. After you submit your application, we’ll review it for completeness and clarity, and contact you if any revisions are needed.

C. After your application is finished, we’ll send it to the insurers, and request proposals at different policy limits and deductibles, so you can compare the cost to the coverage, and make the optimal choice. 

We’ll also send you an explanation of policy limits, so you’ll be able to properly evaluate the insurers’ proposals, and choose the appropriate limits for your first policy (see #7 on our FAQs page for more information).

D. After all of the insurers have responded, which generally takes 3 – 5 business days, we’ll send you a summary of their proposals, highlighting the best ones. 

E. If you want to accept any of the proposals, you’ll have to complete several forms for the “winning” insurer, which we’ll assist you with. We’ll also send you a copy of that insurer’s policy, if you request it (visit our Policy page to review the major insurers’ specimen policy).

F. After the insurer has reviewed and approved your documents, which is usually routine, but occasionally requires additional information, it will offer you binding quotes, which should match or be very close to the proposals.

If you accept any of the quotes, then your coverage will be in place. 

G. The final step will be to pay the premium. You can pay the entire premium upfront by check, or finance it: pay 15% down and the balance in 10 monthly installments, plus modest finance charges. Note: the insurers don’t accept credit cards, due to the fees charged by Visa, etc., but you can pay by card, if you pay the fees. 

We’ll gladly answer any questions that you have at any step in the process.

Note: a sole practitioner buying his or her first policy, who has no malpractice claims or disciplinary history, and doesn’t practice IP, securities, class action, or another type of law that the insurers regard as high-risk for claims, will likely pay an annual premium of  $500 – $1,000 for minimum limits, which are $100,000 per claim/$300,000 aggregate.

Criminal defense, immigration, and appellate lawyers will pay closer to $500, divorce and trusts & estates lawyers will pay closer to $750, and PI and real estate lawyers will pay closer to $1,000.

A policy with the next level of limits – $250,000/$500,000 – will cost about 25% more, while a policy with limits of $1,000,000/$1,000,000, will cost about 75% more.

A 2-attorney firm will pay about 70% more than a sole practitioner, and a 3-attorney firm will pay about 125% more.

Add 10% – 20% to the figures above, if you’re located in an urban area like NYC, LA, Houston, or Miami, and subtract 10% – 20%, if you’re located in a rural area.

Ib. Legal Malpractice Insurance Medical Malpractice Lawyers – How Our Process Benefits You

Does your firm have the best possible terms on its malpractice insurance, i.e., the broadest coverage at the lowest price?

Maybe. Or maybe not: perhaps it could obtain the same coverage and limits for a much lower price, or broader coverage and higher limits for the same price.

The only way to find out is to test the market.

That’s where we come in. We scour the legal malpractice insurance market, to find the broadest coverage at the best price for every firm, leveraging our relationship with CNA, Travelers, and other ‘A’-rated insurers. 

We submit each firm’s application to all viable insurers, based on its risk profile – typically 8 – 12 – and obtain proposals at the firm’s current terms, and at policy limits one or more levels higher. If the best proposals are close, we solicit another round of proposals from the ‘finalists’.

This aggressive comparison shopping lets us consistently obtain much better coverage and pricing for firms than they currently have.

Keep in mind that more than a dozen major insurers cover med. mal. law firms, and they compete fiercely for good risks. If your firm hasn’t incurred a claim in five or more years, and hasn’t shopped for competing quotes in two or more years, then one or more of those insurers will likely offer it much better terms than it currently has.

Westport, Zurich, and Aspen usually offer the best terms to med. mal. law firms. 

To obtain no-cost, no-obligation quotes from these and other ‘A’-rated legal malpractice insurers, send us your most recent application, or complete our short application, either online or by downloading it.

We’ll help you compare the competing quotes to your current terms, and make the best decision.

There’s no risk, and a potentially great reward.

II. Legal Malpractice Insurance Medical Malpractice Lawyers – Optimize Your Coverage 

Here’s an example of our approach:

A 4-lawyer firm contacted us to obtain competing quotes, after its malpractice insurer offered it a renewal quote of $13,763. The firm’s current premium was $12,539, for policy limits of $1,000,000 per claim/$1,000,000 for all claims, and a deductible of $10,000 per claim.

We sent its application to 12 “A”-rated insurers; eight offered quotes. The best quote was $10,209 for the same terms as the current policy. We had also solicited quotes at higher policy limits, and the same insurer quoted $12,314 for limits of $2,000,000/$2,000,000. The firm accepted it, and thus doubled its limits for less than its current premium, due to our aggressive shopping.

We’ve obtained similar results for many other Personal Injury law firms. Can we do so for your firm?

The only way to find out is to send us an application, so we can obtain proposals for you.

III. Legal Malpractice Insurance Medical Malpractice Lawyers – Learn More or Request  Proposals 

The form will give the insurers enough information about your practice to offer “ballpark” terms, without your having to complete a full application.

We’ll send your form to all suitable insurers, and contact you as they respond. If you like any of the estimates that we obtain, then you can complete a full application and provide any other information that the insurer needs to offer you a firm quote. The firm quote  usually matches or is very close to the estimate.


•   If you filled out an application or premium estimate form for another broker or any insurer, send us that, instead of filling out our form.

•  All proposals that we obtain for you are no-cost, no-obligation.

If you accept any of them, then the insurer that offered it will pay us a percentage of the premium as a commission.

That’s our only compensation; we don’t charge any fees.

We thus have every incentive to find you the best terms available in the market.

IV. Legal Malpractice Insurance Medical Malpractice Lawyers – Attorney Feedback

“I recently worked with Curtis…I thought he did an excellent job staying in touch with me and giving me fair advice, without pressure to purchase anything in particular…he actually advised me to simply renew with my current carrier, despite the fact that it would not have led to any monetary compensation for him…” (Rating: 5 stars out of 5.)

Full review:

We received this email from the owner of a law firm for whom we procured malpractice coverage after its existing coverage was non-renewed:
“From beginning to end, you have served us so well, keeping me informed every step of the way.  Thank you Curtis!  I will recommend you without hesitation to any lawyer in need of a professional insurance broker.”

V. Who We Serve

We optimize legal malpractice insurance for:

  • New medical malpractice law firms, including solo practices.
  • Established medical malpractice firms of all sizes.
  • Special situations: medical malpractice firms that have had their legal malpractice insurance can-celled or non-renewed; are merging or disbanding; are in or emerging from bankruptcy; etc.
  • Independent Contractors

VI. Legal Malpractice Insurance Explained

VII. Reduce Your Risk of Committing Legal Malpractice

Calendaring/Docketing Best Practices

Conflict of Interest Avoidance Best Practices

Engagement Letter/Retainer Agreement Best Practices

Billing Practices to Increase Realization Rates and Avoid Fee Suits

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