Lawyers professional liability insurance in Michigan, also known as legal malpractice insurance or errors and omissions (E&O) insurance for lawyers and law firms, has an ever increasing demand in the state. Michigan has a nationwide top 10 law school in University of Michigan according to US News and World Report. With an established legal community combined with a resurging economy, the legal industry continues to prosper in the state of Michigan.

How much does malpractice insurance cost for lawyers in Michigan?

The premiums paid for professional liability insurance in Michigan, like it is in many other states, are highly dependent on the type of law practiced by the firm. Other factors for malpractice insurance rates include the number of lawyers, the location, claim history and risk management efforts including type of docket controls, engagement and/or dis-engagement letters and measures in place to minimize lawsuits against their own clients for fees. Countersuits for fee suits are the number one reported cause of malpractice claims.

Each carrier views these different factors with greater or less importance. That is why it is important to have an independent broker, with direct access to 10+ carriers, to find the carrier that is the best match for your firm and its specific circumstances.

How do I get a quote or more answers about professional liability insurance in Michigan?

Click below to start the quote process or call our office today to speak with a lawyer professional liability insurance professional with decades of experience doing one thing: helping lawyers like you find the best price and coverage for themselves and their law firms.

Be sure you are properly covered for any actual or perceived errors or omissions (E&O) that may threaten you and the law practice that you have developed.