Law Pratice Insurance
Running a law practice means facing risks tied to both your physical office and the professional advice you provide, from client injury claims to allegations of malpractice or negligence. Law practice insurance may help cover your office and equipment, liability for client or visitor injuries and claims related to errors in legal services provided. Because law firms vary widely in size and practice area, coverage is typically tailored to fit the specific risks of your firm.
What Does Law Practice Insurance Typically Cover?
Law firm policies often combine several coverages into one package. Common coverages include:
- Professional liability for claims related to legal malpractice or errors
- General liability for client or visitor injuries in your office
- Property coverage for your office space, furniture and equipment
- Cyber liability for breaches involving sensitive client information
- Workers’ compensation for employee injuries on the job
Is Law Practice Insurance Required in California?
California requires workers’ compensation insurance for any law practice with employees. While malpractice coverage isn’t state mandated for most attorneys, many bar associations, courts and clients require proof of professional liability insurance.
How Much Does Law Practice Insurance Cost?
Premiums vary based on factors like firm size, practice area, number of attorneys and claims history. Ontario, CA law practice owners can get an accurate quote by speaking directly with a licensed agent about their specific operation.