Office  Hours: M-F  9am to 5pm
670 E 32nd St. Suite 12
  Yuma, AZ   85365    
Call today: (928) 317 1212
Lawyers-Claims Examples

The following is an example of a Lawyers Claim

Office Merry-go-round

Two attorneys at a small firm decided to go their separate ways. There was about six months to go on the now-dissolved firm's malpractice policy, and the decision was made to simply let it run until expiration, at which point the lone partner would take the policy over for himself. Neither the carrier that insured the two-attorney firm, nor the carrier insuring the six-attorney firm, where the other partner now works, was notified of any of these changes.

A claim arose against the now-solo partner during this period. While the facts surrounding the claim turned out to have nothing whatsoever to do with the attorney who was now a member of the six-attorney firm, the claim was made against the policy belonging to his old firm, and thus claims experience liability was imputed against him. When it came time to renew the larger firm's insurance policy, and their carrier now became aware of the new partner, the underwriter quite naturally wanted to see a claims history report from his prior carrier. It now showed an open claim with a fairly significant reserve, for both defense and indemnity. The larger firm's insurance carrier balked - and offered to renew the firm's policy with a substantial increase in premium. Negotiations are taking place to resolve the issue.

The following are examples of Lawyer Risks.

  • Solo practitioner doing real estate, estate, trust and securities law and tax preparation.

    Limits: $250,000/$250,000
    Deductible: $2,500
    Premium: $8,149
  • Two-attorney firm.

    Limits: $500,000/$500,000
    Deductible: $10,000
    Premium: $13,682
  • One attorney and one support staff. Practices criminal, domestic relations, BI/PI plaintiff, estate/probate/trust and litigation.

    Limits: $250,000/$250,000
    Deductible: $2,500
    Premium: $5,154
  • Solo practitioner who does 90% collections, family law and personal/bodily injury.

    Limits: $500,000/$500,000
    Deductible: $2,500
    Premium: $12,110
  • Small law firm with one attorney, two paralegals and two support staff.

    Limits: $500,000/$500,000
    Deductible: $5,000
    Premium: $8,000
  • Two-attorney firm with claim history.

    Limits: $300,000/$300,000
    Deductible: $5,000
    Premium: $13,325
  • Ten-attorney firm with claim history. Areas of practice: workers comp, social security.

    Limits: $500,000/$500,000
    Deductible: $50,000
    Premium: $83,000
Contact your Specialty Insurance Professionals at:

Sheltra Insurance
670 E 32nd St., Suite 12
Yuma, AZĀ  85365

Jessie Sheltra

Phone- (928) 317-1212
Fax- (928) 317-1214

This document does not amend, extend or alter the coverage afforded by the Policy. For a complete understanding of any insurance you purchase, you must first read your Policy, Declaration Page and any Endorsements and discuss them with your broker. A specimen policy is available from an Agent of the Company. Your actual Policy Conditions may be amended by Endorsement or affected by State Laws.