Law Firms Insurance
Most law firms need a business owner's policy (BOP) and legal malpractice insurance. Insureon's consulting businesses customers pay a median of about $32 a month for general liability.
Compare business insurance options
Harper is an AI-native commercial insurance brokerage with deep specialty and E&S market access — a strong fit for professional and harder-to-place risk (E&O, cyber, umbrella). It targets coverage in 24 to 48 hours.
Recommended Coverages
BOP
essentialBundles general liability, commercial property, and business income/extra expense into one policy.
$1M GL per occurrence / $2M aggregate; Property limits vary by business personal property and building values
Professional Liability (Legal Malpractice)
essentialClaims arising from professional errors, omissions, negligent acts, or failure to perform professional duties. For Law Firms businesses, key exposures include client trust account liability. Common claims include document error in filing.
$1M per claim / $2M aggregate is standard; higher limits for regulated professions
Cyber Liability
recommendedData breach notification costs, forensic investigation, credit monitoring, regulatory defense and fines, business interruption from cyber events, ransomware payments, and third-party claims from data exposure. For Law Firms businesses, key exposures include sensitive client data. Agent note: Cyber liability critical due to attorney-client privilege and trust account wire fraud risk
$1M per claim / $1M aggregate for small businesses; $5M-$10M+ for larger organizations
Workers Comp
recommendedMedical expenses, lost wages, rehabilitation costs, and death benefits for employees injured on the job.
Statutory limits per state law; Employers Liability typically $500K/$500K/$500K
EPLI
situationalClaims by employees alleging wrongful termination, discrimination, sexual harassment, retaliation, failure to promote, and other employment-related violations.
$500K - $2M per claim / aggregate
Risk Profile
Physical
Liability
Professional
Property
Top Risks
- High malpractice exposure
- Client trust account liability
- Sensitive client data
- Conflicts of interest
- Statute of limitations complexity
Carriers That Write Law Firms
One of the largest small commercial writers in the U.S. with broad class appetite. Competitive BOP pricing and a streamlined agent portal with fast online quoting.
Broad appetite across most commercial classes with competitive package pricing. Strong multi-line capabilities — agents can bundle GL, property, auto, and umbrella under one carrier.
Known for competitive commercial auto rates and fast online quoting. Strong appetite for businesses with vehicle fleets and a growing BOP book.
Berkshire Hathaway-backed (AM Best A++) with competitive pricing for standard small business classes. Fully online quoting and binding process.
Cost Estimate
Insureon's figures for its consulting businesses customers (median monthly premium): general liability $32, business owner's policy $61. Source: Insureon
Key Pricing Factors
- Practice areas
- Number of attorneys
- Claims history
- Trust account size
See the Per-Coverage Cost Breakdown
For median GL, BOP, WC, and auto premiums sourced from Insureon, plus a worked quote example and the underwriting questions to expect, see our law firms insurance cost page.