LEGAL MALPRACTICE INSURANCE RENEWAL

LEGAL MALPRACTICE INSURANCE RENEWAL

Legal Malpractice Insurance Renewal: aggressive comparison shopping to obtain the best terms available in the market on your firm’s renewal. Fast, free quotes from all major “A”-rated insurers.


The legal malpractice insurance market has never been more competitive.

If your firm shops aggressively and hasn’t incurred any recent claims, it’ll likely get much better renewal terms from Attorney Protective, Hartford, Zurich, or another insurer, than from its current insurer.

To obtain no-cost, no-obligation quotes from all of the major, ‘A’-rated, legal malpractice insurers, and thus maximize your likelihood of obtaining the best terms, email us your most recent application, or fill out our short form, either online or by downloading it below.

Apply, Quote, Buy:

  • We’ll send your firm’s application to all viable insurers, based on its risk profile (firm size, practice areas, county, etc.), and request proposals at different limits and deductibles, so you can make the optimal choice.
  • Some insurers allow brokers to input a firm’s application, and receive instant quotes. We’ll email you those insurers’ quotes, shortly after you apply, and advise you if any of them are the best available, or if you’re better off waiting a few days, for the other insurers to offer proposals.
  • We’ll explain the coverage and policy limits, answer your questions, and send you any insurer’s policy to review, if desired.
  • To accept any of the instant quotes, sign the quote sheet that we’ll email you. To accept a proposal from an insurer that doesn’t offer instant quotes, you’ll have to complete its long application to receive a binding quote, which should match the proposal. We’ll fill it out to the extent possible, based on the online application that you completed, and send it to you to finish.
  • If you accept any insurer’s binding quote, your coverage will be in place.
  • Pay the premium in full or finance it (10% down, followed by 11 monthly payments).

Contact me, if you have any questions:
Curt Cooper, Founder and Managing Broker
(202) 802-6415 | ccooper ‘at’ lawyersinsurer.com
Licensed Insurance Broker in CA, CO, DC, MD, MI, NJ, NY, OH, PA, TX, VA, WA, etc.
National Association of Insurance Commissioners Reg. #1017031

Here’s a partial list of the insurers that we’ll send your application to, and the administrator of each insurer’s program:
AmGUARD (Couch Braunsdorf)
Arch (Target Insurance Services)
Aspen (Brown & Brown/Lawyers Protector Plan)
Attorney Protective (Lockton Affinity)
AXA/XL
AXIS (Aon Affinity)
CNA (Pearl Insurance)
Everest (Embroker)
Hanover (USI Affinity)
Hartford
ProAssurance (ProLawyer Insurance/LawyerCare program)
Westport (Innovative Insurance Concepts)
Zurich (McGowan)

I. Legal Malpractice Insurance Renewal – 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?

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

That’s where we come in.

We submit each firm’s application to all viable insurers, based on its risk profile – typically 7 – 10 – 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.

More than a dozen major insurers cover 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.

AXA, AXIS, and CNA are the three largest insurers of 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 Renewal – Request Quotes

NOTES:

• 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.

III. Legal Malpractice Insurance Renewal – 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: http://www.yelp.com/biz/lawyers-insurance-group-washington

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.”

IV. Who We Serve

We optimize legal malpractice insurance for:

  • New law firms, including solo practices.
  • Established firms of all sizes. 
  • Special situations: law firms that have had their legal malpractice insurance can-celled or non-renewed, etc.

V. Legal Malpractice Insurance Explained

VI. 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