Lawyers business insurance averages $64 monthly, with costs ranging from $39 to $46 based on coverage types and location factors.
Get matched with cheap lawyers business insurance below.
Updated: October 14, 2025
Advertising & Editorial Disclosure
Lawyers business insurance costs range from $549 to $735 annually on average, depending on coverage type, state and sub-industry.
Your lawyers insurance premiums depend on location, claims history, services provided and employee count when insurers calculate rates.
Shop multiple business insurers, bundle policies, increase deductibles and pay annually to find affordable lawyers business insurance costs.
We found average business insurance costs for lawyers for commonly needed coverage are as follows:
| BOP | $34 | $403 |
| General Liability | $23 | $275 |
| Professional Liability (E&O) | $146 | $1,746 |
| Workers' Comp | $53 | $634 |
Note: We based these rates on small businesses with two employees across 79 major industries, focusing on four coverage types: general liability, professional liability/errors and omissions (E&O), workers' comp and business owner's policy. Your actual rates will vary based on your specific business factors and location.
Select your industry and state to get a customized quote.
Your lawyer's business insurance cost for general liability insurance depends on where you operate. Maine delivers the best value at $20 monthly compared to the $23 national average, while New York costs $27 monthly for your planning considerations.
| Alabama | $23 | $270 |
| Alaska | $21 | $254 |
| Arizona | $22 | $260 |
| Arkansas | $22 | $264 |
| California | $26 | $306 |
| Colorado | $23 | $273 |
| Connecticut | $25 | $299 |
| Delaware | $25 | $296 |
| Florida | $25 | $298 |
| Georgia | $23 | $279 |
| Hawaii | $25 | $296 |
| Idaho | $22 | $261 |
| Illinois | $25 | $302 |
| Indiana | $22 | $268 |
| Iowa | $22 | $262 |
| Kansas | $22 | $267 |
| Kentucky | $21 | $256 |
| Louisiana | $26 | $314 |
| Maine | $20 | $238 |
| Maryland | $22 | $262 |
| Massachusetts | $24 | $288 |
| Michigan | $22 | $260 |
| Minnesota | $21 | $258 |
| Mississippi | $23 | $276 |
| Missouri | $23 | $272 |
| Montana | $23 | $274 |
| Nebraska | $22 | $260 |
| Nevada | $26 | $312 |
| New Hampshire | $23 | $274 |
| New Jersey | $26 | $312 |
| New Mexico | $23 | $277 |
| New York | $27 | $320 |
| North Carolina | $20 | $238 |
| North Dakota | $20 | $239 |
| Ohio | $21 | $255 |
| Oklahoma | $22 | $263 |
| Oregon | $21 | $255 |
| Pennsylvania | $26 | $317 |
| Rhode Island | $25 | $302 |
| South Carolina | $24 | $283 |
| South Dakota | $21 | $257 |
| Tennessee | $22 | $268 |
| Texas | $23 | $277 |
| Utah | $22 | $262 |
| Vermont | $22 | $264 |
| Virginia | $21 | $250 |
| Washington | $26 | $313 |
| West Virginia | $24 | $288 |
| Wisconsin | $22 | $270 |
| Wyoming | $21 | $254 |
Note: We based these general liability rates on lawyersbusinesses with two employees across different states. Your rates will vary based on your location and claims history.
The cost of workers' compensation insurance for lawyers differs across states. North Carolina has the most affordable rates at $46 monthly, while Pennsylvania ranks highest at $61 monthly. Our analysis reveals how state regulations and claim histories create these differences.
| Alabama | $51 |
| Alaska | $48 |
| Arizona | $50 |
| Arkansas | $50 |
| California | $58 |
| Colorado | $52 |
| Connecticut | $58 |
| Delaware | $57 |
| Florida | $57 |
| Georgia | $53 |
| Hawaii | $56 |
| Idaho | $50 |
| Illinois | $58 |
| Indiana | $51 |
| Iowa | $50 |
| Kansas | $51 |
| Kentucky | $49 |
| Louisiana | $60 |
| Maine | $46 |
| Maryland | $50 |
| Massachusetts | $56 |
| Michigan | $49 |
| Minnesota | $49 |
| Mississippi | $53 |
| Missouri | $52 |
| Montana | $52 |
| Nebraska | $50 |
| Nevada | $60 |
| New Hampshire | $53 |
| New Jersey | $59 |
| New Mexico | $53 |
| New York | $61 |
| North Carolina | $46 |
| Oklahoma | $49 |
| Oregon | $49 |
| Pennsylvania | $61 |
| Rhode Island | $58 |
| South Carolina | $54 |
| South Dakota | $49 |
| Tennessee | $51 |
| Texas | $53 |
| Utah | $50 |
| Vermont | $51 |
| Virginia | $48 |
| West Virginia | $55 |
| Wisconsin | $52 |
Note: We based these workers' comp rates on lawyers businesses with two employees across different states. Your workers' comp requirements and costs will vary by state since each has different regulations.
Professional liability cost varies by state. Nationwide, this coverage averages $146 monthly. North Carolina offers the most affordable rates at $126 monthly, while Pennsylvania has the highest costs at $169 monthly.
| Alabama | $144 |
| Alaska | $130 |
| Arizona | $140 |
| Arkansas | $140 |
| California | $160 |
| Colorado | $147 |
| Connecticut | $161 |
| Delaware | $158 |
| Florida | $158 |
| Georgia | $148 |
| Hawaii | $151 |
| Idaho | $139 |
| Illinois | $161 |
| Indiana | $139 |
| Iowa | $140 |
| Kansas | $143 |
| Kentucky | $138 |
| Louisiana | $165 |
| Maine | $129 |
| Maryland | $139 |
| Massachusetts | $151 |
| Michigan | $136 |
| Minnesota | $134 |
| Mississippi | $148 |
| Missouri | $146 |
| Montana | $145 |
| Nebraska | $138 |
| Nevada | $167 |
| New Hampshire | $141 |
| New Jersey | $163 |
| New Mexico | $146 |
| New York | $166 |
| North Carolina | $126 |
| North Dakota | $126 |
| Ohio | $137 |
| Oklahoma | $138 |
| Oregon | $135 |
| Pennsylvania | $169 |
| Rhode Island | $158 |
| South Carolina | $151 |
| South Dakota | $134 |
| Tennessee | $144 |
| Texas | $146 |
| Utah | $140 |
| Vermont | $139 |
| Virginia | $133 |
| Washington | $163 |
| West Virginia | $154 |
| Wisconsin | $142 |
| Wyoming | $132 |
Note: We based these professional liability rates on lawyers businesses with two employees across different states. Your actual rates will depend on your services offered and location.
Lawyers business insurance costs vary based on your state's regulations and risk factors. Business owner's policy coverage ranges from $29 in North Carolina to $39 in New York for the same protection. BOP insurance cost differences reflect each state's legal environment, claim frequency and regulatory requirements that directly impact what you'll pay for coverage.
| Alabama | $33 |
| Alaska | $31 |
| Arizona | $32 |
| Arkansas | $32 |
| California | $37 |
| Colorado | $34 |
| Connecticut | $37 |
| Delaware | $36 |
| Florida | $36 |
| Georgia | $34 |
| Hawaii | $36 |
| Idaho | $32 |
| Illinois | $37 |
| Indiana | $33 |
| Iowa | $32 |
| Kansas | $33 |
| Kentucky | $31 |
| Louisiana | $38 |
| Maine | $29 |
| Maryland | $32 |
| Massachusetts | $36 |
| Michigan | $32 |
| Minnesota | $32 |
| Mississippi | $34 |
| Missouri | $34 |
| Montana | $34 |
| Nebraska | $32 |
| Nevada | $38 |
| New Hampshire | $33 |
| New Jersey | $38 |
| New Mexico | $35 |
| New York | $39 |
| North Carolina | $29 |
| North Dakota | $30 |
| Ohio | $31 |
| Oklahoma | $32 |
| Oregon | $31 |
| Pennsylvania | $38 |
| Rhode Island | $38 |
| South Carolina | $34 |
| South Dakota | $31 |
| Tennessee | $33 |
| Texas | $34 |
| Utah | $32 |
| Vermont | $32 |
| Virginia | $31 |
| Washington | $38 |
| West Virginia | $36 |
| Wisconsin | $33 |
| Wyoming | $31 |
Note: We based these BOP rates on lawyers businesses with two employees across different states. Your actual rates will vary based on your business size, location, and coverage needs.
Business insurance for lawyers costs between $56 and $75 per month depending on the provider. These price differences reflect each insurer's market focus and risk appetite, which shift based on profitability and coverage expansion opportunities.
| Chubb | $75 | $903 |
| Coverdash | $71 | $849 |
| Hiscox | $65 | $775 |
| NEXT Insurance | $58 | $695 |
| Nationwide | $66 | $795 |
| Progressive Commercial | $62 | $743 |
| Simply Business | $58 | $692 |
| The Hartford | $56 | $670 |
| Thimble | $64 | $772 |
| biBERK | $66 | $786 |
Several factors influence your lawyers business insurance costs when insurers calculate your policy rates:
State bar rules and local litigation climates shape malpractice rates. Practicing in jurisdictions known for aggressive legal environments or high-value verdicts translates to steeper professional liability premiums than calmer markets.
Malpractice claims linger on your record far longer than you'd expect. Even frivolous suits that get dismissed can affect what insurers charge, while any paid claim creates pricing ripples for five years or more.
Estate planning and contract review carry minimal malpractice exposure compared to high-stakes work. Firms handling securities litigation, medical malpractice defense or real estate transactions have higher premiums due to potential claim severity.
Solo practitioners pay less than multi-attorney firms simply due to reduced exposure across fewer matters. Each partner and associate you bring on multiplies potential touchpoints for errors, driving up your malpractice insurance costs.
Limiting your practice to certain case types helps control insurance expenses. Attorneys who avoid plaintiff contingency work, class actions or criminal defense secure better rates than those handling controversial or high-exposure matters.
Gross receipts reflect your practice volume and exposure level. A solo attorney billing $120,000 has different underwriting than a mid-size firm generating $800,000 across multiple practice groups and client relationships.
Many firms carry $1 million per claim as standard, but complex commercial work often demands more. Increasing your limits to $2 million or $5 million provides crucial protection against catastrophic mistakes, though premiums scale accordingly.
Representing individuals in routine matters presents lower financial risk than corporate clients. Firms handling multimillion-dollar transactions or cases where a single mistake could devastate a client financially pay premium prices for that exposure.
Your credit score affects insurance rates in most states. Good credit can save you money on premiums, but a poor credit history often means paying 20% to 50% more for the same coverage.
Lowering your lawyer business insurance costs takes careful planning and smart financial decisions. By following proven cost-cutting strategies and adopting better risk management habits, you can secure affordable coverage for your law firm while strengthening your overall business profile.
Law firms need professional liability (malpractice) insurance to cover missed deadlines, conflicts of interest, and advice errors that harm clients, plus cyber liability for data breaches of confidential client information and general liability for office injuries.
Add employment practices liability if you have associates or staff, business property coverage for law libraries and equipment and trust account coverage to protect against accounting errors or misappropriation claims.
Malpractice premiums vary dramatically based on practice area, with plaintiff's personal injury and real estate attorneys paying more than corporate transactional lawyers. Legal malpractice carriers understand claims-made policies, prior acts coverage, and tail coverage requirements specific to law practices.
Combining professional liability, cyber coverage, and general liability saves 12% to 20% compared to separate policies. Many legal insurers offer practice packages that include employment practices liability and trust account coverage at reduced bundle rates.
Higher deductibles of $5,000 to $25,000 can reduce malpractice premiums by 20% to 35%, but consider that defense costs alone can reach $100,000 before settlement.
Monthly payment plans add 6% to 12% in installment fees, which, on a $15,000 malpractice policy, costs nearly $2,000 extra annually. Paying upfront eliminates these charges and earns 5% to 8% discounts from carriers.
Update your policy whenever you add attorneys, expand into new practice areas, or take on higher-value cases that increase your exposure. Ensure your coverage limits match your largest case values and that prior acts coverage protects you for work done under previous policies.
Lawyer business insurance costs between $39 and $46 per month, though your exact rate depends on factors like location, claims history and firm size. Comparing quotes from several insurers, bundling multiple coverages, raising your deductible and paying annually rather than monthly are all effective ways to reduce your overall premium.
Lawyer business owners commonly ask about insurance costs. We answered the most frequent questions below:
General liability insurance is the cheapest at $23 monthly, but it only covers third-party claims. Most law firms also need professional liability coverage ($146 monthly) to protect against malpractice and errors in legal services.
You'll pay more in these states. General liability in California runs $26 monthly (versus $23 national average), and BOP costs $37 monthly (versus $34 average). New York is similar at $27 and $39, respectively.
Combining multiple business insurance policies with one insurer generates greater savings than purchasing them individually. Insurance companies provide discounts when lawyers bundle general liability, commercial property and commercial auto coverage together.
Several factors increase premiums: handling high-stakes cases, operating in litigious areas, maintaining client data, facing malpractice risks, carrying valuable technology and having prior claims history.
Higher deductibles reduce monthly premiums, though you'll cover more expenses during claims. Your decision should depend on available cash flow and anticipated claim frequency.
Workers' compensation costs for law firms vary by state, spanning from $46 monthly in North Carolina to $61 monthly in Pennsylvania for coverage.
Yes, BOP insurance is worth it for law firms. BOP costs $34 monthly and bundles general liability, commercial property and business interruption coverage. This bundled approach costs less than purchasing separate policies and offers valuable convenience for legal practices.
Shop annually when your policy renews. Comparing quotes from multiple insurers can uncover savings, especially after business changes like hiring staff or expanding services.
We collected lawyers business insurance quotes from companies across different states. For consistent comparisons, every quote used the same business setup:
We used a typical small lawyers business profile requiring comprehensive coverage. We chose companies offering broad national coverage and online quote capabilities, prioritizing insurers that serve the lawyers industry.
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!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
