The Hartford is the best small business insurer for lawyers due to its affordability and coverage. We recommend comparing quotes from our other top picks, including NEXT, Simply Business and Progressive Commercial.
Best Lawyers Business Insurance
Updated: June 27, 2025
Advertising & Editorial Disclosure
Key Takeaways
The Hartford is the best business insurance company for lawyers firms because it offers the greatest balance of affordability and customer service.
The cheapest overall commercial insurance provider for lawyers businesses is The Hartford, with low monthly rates for various coverage types.
To shop for business insurance for your lawyers business, assess the risks in your industry, consult agents and other similar organizations, and compare multiple options.
Best Business Insurance for Lawyers Companies
| The Hartford | 96 | 98 | 91 |
| NEXT | 95 | 95 | 94 |
| Simply Business | 91 | 91 | 83 |
| Coverdash | 89 | 89 | 83 |
| Progressive Commercial | 89 | 93 | 81 |
| biBerk | 89 | 87 | 91 |
| Hiscox | 88 | 91 | 87 |
| Nationwide | 88 | 84 | 91 |
| Thimble | 88 | 91 | 81 |
| Chubb | 85 | 80 | 87 |
*All scores were based on a lawyers business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. The Hartford
pros
Most affordable professional liability insurance
Excellent customer service support
Strong coverage across core policy types
cons
Fewer specialized options for niche legal practices
COMPANY HIGHLIGHTS
The Hartford is a top pick for lawyers seeking reliable business insurance. It offers a strong balance of affordability, customer service and coverage quality. It also provides the cheapest professional liability coverage for legal professionals.
Also, claims are unlikely to go unpaid with an A+ from AM Best for financial stability. While it may not have the broadest specialized offerings, The Hartford remains a dependable, long-standing provider trusted by many law firms.
2. NEXT
pros
Excellent customer service
Comprehensive coverage options
Competitive pricing
cons
Slower quote times than competition
COMPANY HIGHLIGHTS
NEXT stands out as a business insurance provider for lawyers due to its strong customer service and broad coverage offerings. While it doesn’t offer the lowest prices in any single category, it provides competitive rates overall.
Despite being newer to the industry with under 10 years of experience, NEXT has earned a 4.7 out of 5.0 rating from over 3,000 customers. Legal professionals seeking dependable, well-reviewed insurance will find NEXT a compelling option.
3. Simply Business
pros
Lowest average rates for general liability and BOP insurance
Strong coverage options
High stability rating
cons
Customer service ratings are lower than top competitors
Limited hands-on support
COMPANY HIGHLIGHTS
Simply Business is a strong contender for lawyers seeking affordable insurance without sacrificing coverage. It offers the lowest-cost general liability and BOP insurance options, making it a smart choice for a budget firm.
With one of the highest coverage scores in our study, it’s well-equipped to handle the needs of solo practitioners and small firms. While it may not match others in customer support, its affordability and comprehensive policy options make it an excellent pick for value-focused legal professionals.
Cheapest Business Insurance for Lawyers Firms
Based on our study, Simply Business offers the cheapest overall commercial insurance for law firms across most policy types. However, this applies only to law firms with two employees, and you may find lower rates elsewhere. Below are the most affordable providers by major coverage types.
Cheapest General Liability Insurance for Lawyers Companies
With an average monthly rate of $14, Simply Business offers the lowest-cost general liability insurance for lawyers. Consider getting quotes from other companies like NEXT and The Hartford.
| Simply Business | $14 | $173 |
| NEXT | $19 | $229 |
| The Hartford | $19 | $228 |
| Nationwide | $20 | $240 |
| Progressive Commercial | $23 | $274 |
| Thimble | $24 | $293 |
| biBerk | $25 | $298 |
| Hiscox | $25 | $300 |
| Chubb | $28 | $338 |
| Coverdash | $34 | $406 |
Cheapest Workers' Comp Insurance for Lawyers Companies
Thimble offers the lowest-priced workers' comp insurance for lawyers, with typical rates starting at $23 monthly or $271 annually. Still, it’s worth checking quotes from other low-cost insurers like Progressive Commercial, Simply Business, Hiscox and NEXT.
| Thimble | $23 | $271 |
| Progressive Commercial | $24 | $292 |
| Hiscox | $25 | $302 |
| Simply Business | $25 | $302 |
| Coverdash | $26 | $309 |
| NEXT | $26 | $315 |
| The Hartford | $26 | $307 |
| biBerk | $27 | $319 |
| Nationwide | $28 | $340 |
| Chubb | $30 | $364 |
Cheapest Professional Liability Insurance for Lawyers Companies
The Hartford offers the most affordable professional liability insurance options for lawyers, with low average monthly rates of $130. You may also want to compare prices from other low-cost providers like NEXT, Progressive Commercial and Thimble.
| The Hartford | $130 | $1,563 |
| NEXT | $136 | $1,636 |
| Progressive Commercial | $139 | $1,670 |
| Hiscox | $143 | $1,715 |
| Thimble | $143 | $1,720 |
| Simply Business | $144 | $1,723 |
| Coverdash | $146 | $1,756 |
| biBerk | $150 | $1,803 |
| Nationwide | $157 | $1,881 |
| Chubb | $169 | $2,031 |
Cheapest BOP Insurance for Lawyers Companies
For those seeking combined general liability and property insurance in a business owner’s policy (BOP), Simply Business offers the lowest average annual rate at $259. That's a savings of roughly $32 annually compared to The Hartford, the second most affordable option.
| Simply Business | $22 | $259 |
| The Hartford | $24 | $291 |
| NEXT | $28 | $333 |
| Nationwide | $30 | $360 |
| biBerk | $32 | $386 |
| Progressive Commercial | $34 | $410 |
| Hiscox | $38 | $451 |
| Thimble | $38 | $452 |
| Chubb | $42 | $509 |
| Coverdash | $49 | $589 |
What Type of Coverage Do You Need for a Lawyers Business?
Most companies with employees are legally required to carry workers' comp insurance, and businesses that use vehicles must have commercial auto coverage. Many clients or contracts also require businesses to carry general liability insurance before starting work. A surety bond may also be necessary in certain industries.
RECOMMENDED BUSINESS COVERAGE FOR LAW FIRMS
Most legal practices should carry general liability insurance, even if it’s not legally required, as it protects against common risks like bodily injury, property damage and legal defense costs. Professional liability insurance is also a good idea for businesses that work under client contracts or provide specialized services. This coverage becomes especially useful for companies offering specialized services or handling large contracts where the risk of disputes is higher.
Coverage Recommendations by Lawyers Company Type
Below is a breakdown of coverage suggestions based on the type of lawyer service offered, starting with the businesses facing the highest claim risk. This table helps in understanding how risk levels influence insurance needs, ensuring that higher-risk services consider more protective coverage.
Law Firm Type | Coverage Recommendations | Most Common Insurance Claims | Common Reasons For Litigation |
|---|---|---|---|
High-Stakes Litigation/BigLaw Firms | Lawyers Professional Liability, Cyber Liability, General Liability, Umbrella Policy ($5M+), EPLI, Commercial Property, Commercial Auto | Malpractice, data breaches, workplace discrimination claims | Large malpractice awards, client confidentiality breaches, class-action suits |
Solo Practitioners & Small Firms | Lawyers Professional Liability, General Liability, Cyber Liability, Commercial Auto, BOP | Malpractice, SLIP-AND-FALL, errors in filing | Missing deadlines, improper client instructions, slip/fall injuries |
Real Estate/Transactional Firms | Lawyers Professional Liability, General Liability, EPLI, Cyber Liability, Commercial Auto | E&O claims, title errors, employment disputes | Title errors, improper contracts, discrimination suits |
Specialized Practice (IP, Tax, Immigration) | Lawyers Professional Liability (high limit), Cyber Liability, General Liability, EPLI | Malpractice in specialty services, privacy/data exposure | Errors in legal advice, client data breaches, visa denial lawsuits |
Boutique/Single-Activity Firms | Lawyers Professional Liability, General Liability, Cyber Liability | Enjoy increased malpractice and professional claims due to focused expertise | Advice-related mistakes, client dissatisfaction |
Mobile/Off-Site Lawyers | Lawyers Professional Liability, Commercial Auto, Cyber Liability, General Liability | Auto accidents, data loss, work product errors | Car crashes during client visits, lost client materials |
Startup/New Lawyers (“Solo Startups”) | Lawyers Professional Liability, General Liability, BOP | Initial errors, client injury, office incidents | Missed deadlines, slip/fall claims, disputes in new engagements |
How to Get the Best Cheap Business Insurance for Your Lawyers Company
Here's a step-by-step method for finding the best and cheapest business insurance for your lawyers company.
- 1
Decide on coverage needs before buying
Take into account specific risks for your business for claims, obtain advice from similar business and research the types of business insurance. This will give you a balanced perspective on your coverage needs and prevent you from being convinced to get excessive coverage.
- 2
Research costs
Research average costs for your business profile and determine which providers offer the cheapest rates overall. This will give you an idea of how much you're saving when comparing quotes and which companies to start with.
- 3
Look into company reputations and coverage options
Research online rating sites and forums to get a more comprehensive look at company services and how they are rated. Also, research coverage options to make sure you're covered for the right items.
- 4
Compare multiple quotes through different means
Compare multiple quotes for coverage. Pricing differs by your comparison method, whether with captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business situation will change, influencing your rates and coverage needs. Repeat these steps annually to ensure you still have the best deal.
How to Decrease Your Lawyers Business's Liability Risk
Reducing liability risks is essential for managing insurance costs in your legal practice. We’ve organized risk mitigation strategies by business type and risk level to help you find the best fit for your needs.
Law Firm Risk Level | Types of Law Firms Included | Risk Mitigation Tactics |
|---|---|---|
Highest | BigLaw firms, high-stakes litigation practices, multi-state firms | - Implement double-review systems for filings and legal advice - Maintain strict client intake procedures with regular conflict checks - Use multi-factor authentication and cyber hygiene training firmwide - Mandate mentoring and supervision for junior associates - Regularly reassess and update malpractice policy limits |
Moderately High | Specialized practices (e.g., IP, tax, immigration), real estate or class action firms | - Use docketing systems to track deadlines and statutes of limitations - Standardize engagement letters and scope limitation disclaimers - Require ongoing CLEs focused on emerging risks in niche areas - Encrypt client data and mandate secure communication platforms - Schedule periodic peer reviews for complex legal work |
Moderate | Small to midsize firms with mixed practice areas, solo practitioners with staff | - Use cloud-based case and document management tools - Document all legal advice and client instructions clearly - Keep secure, off-site backups for files and records - Use malpractice checklists before closing files - Invest in basic cybersecurity tools like password managers |
Moderately Low | Solo practitioners handling low-risk matters (e.g., uncontested divorce, small landlord-tenant), boutique firms with narrow focus | - Confirm all key decisions in writing with clients - Maintain a regular E&O incident log - Conduct yearly ethics and risk training - Track deadlines with calendaring software - Keep physical files secured and dispose of them securely |
Lowest | New or startup solo practices with few active matters, part-time legal consultants | - Use malpractice and intake checklists consistently - Maintain prompt, clear communication habits - Avoid accepting high-liability case types early on - Join bar association-sponsored risk management programs - Start with basic liability coverage and increase as needed |
Best Insurance for Lawyers Business: Bottom Line
The Hartford is the best insurer for lawyers business insurance, and it offers the cheapest option overall. We also recommend getting quotes from NEXT, Simply Business and Progressive Commercial. For the best deal, talk to agents, research providers and pricing, and compare multiple quotes.
Lawyers Business Insurance: FAQ
This section answers frequently asked questions about business insurance for lawyers.
Who offers the best lawyers business insurance overall?
The Hartford offers the best business insurance for lawyers, scoring highest with an overall score of 96 out of 100, particularly excelling in customer service. NEXT follows closely with a strong overall score of 95.
Who has the cheapest business insurance for lawyers companies?
Here are the cheapest business insurance companies for lawyers companies by coverage type:
- Cheapest general liability insurance: Simply Business at $14 monthly
- Cheapest workers' comp insurance: Thimble at $23 monthly
- Cheapest professional liability insurance: The Hartford at $130 monthly
- Cheapest BOP insurance: Simply Business at $22 monthly
What business insurance is required for lawyers organizations?
Workers' compensation insurance (if you employ staff) and commercial auto insurance (if you own business vehicles) are legally required for lawyers. Requirements vary by state. General liability insurance and surety bonds are not legally required but are often essential to meet client expectations and property lease agreements.
How much does lawyers business insurance cost?
Business insurance costs for law firms vary depending on the type of coverage. Below, we've broken down costs for commonly needed coverage for small businesses:
- General Liability: $23 per month
- Workers' Comp: $26 per month
- Professional Liability: $146 per month
- BOP Insurance: $34 per month
How We Chose the Best Lawyers Business Insurance
We selected the best business insurer for lawyers companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 27, 2025.
- NEXT. "Customer Reviews." Accessed June 27, 2025.