Lawyers Professional Liability

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About LPL

What Our Coverage Includes

Our core focus is Lawyers Professional Liability insurance, also known as “errors and omissions insurance” or “legal malpractice insurance,” for Oklahoma Bar members in private practice. Our coverage includes acts or omissions for legal services rendered by the firm.

You deserve simple, straightforward coverage that is custom-created for you and your firm. Our policy, which provides broad coverage, is clearly written and created with your firm’s needs in mind. Watch our video or read below to learn more.

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Limits
Starting with $100,000 per claim, up to $15,000,000 per claim
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Deductible
Options beginning at $1,000
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Claims Expense Allowance
Beginning at $50,000 annual, in addition to your policy limits
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Worldwide Coverage
Policy applies to acts, errors, omissions occurring anywhere
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Prior Acts Coverage
Available upon approval
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ERE/Tail Coverage
Options available for 1 year, 3 years or unlimited
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Of Counsel
Coverage available

Get a Quote

Apply online for professional liability coverage today through our convenient online portal with the button below. In most cases, you will receive a quote within 24 hours.

Understanding Your Coverage

In the insurance world, there are two main types of policies — occurrence and claims-made. You’re likely to be most familiar with occurrence policies, as this is how your home and auto insurance work. Legal malpractice insurance is written as a claims-made policy and it’s a bit more complex.

Watch this video to learn about the differences between both policy types and to gain a full understanding of claims-made coverage.

Additional Information

Policy Changes or Renewals

The best way to apply for changes to your policy, like adding or removing attorneys or changing your firm name or address, is on the OAMIC portal. You may also apply for changes to your limits or deductible from your portal account. To apply for coverage or renew your policy via PDF, use the new/renewal application. To apply for changes to your existing policy via PDF, please select from the following: Add Attorney, Remove Attorney, Change Firm Name, Change Firm Address or Change Limits/Deductible.

Have Questions?

If you have questions, you may always call us at 405-471-5380.

We also offer a number of helpful answers to common questions on our FAQ page. There you can find information regarding claims-made policies, coverage, getting started with the application, billing and even claims.

Need Employed Lawyers Liability?

Additional Products

We Offer Multiple Products To Enhance Your Practice

In addition to legal malpractice, OAMIC offers Office Package Policy, Workers Comp, Court Bonds and more.

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Court Bonds

OAMIC offers both court fiduciary and court judicial guarantee bonds. We make purchasing a court bond as simple and cost effective as possible.

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Office Package Policy

Coverage against claims made by employees alleging discrimination, wrongful termination, and harassment.

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Workers Comp

In Oklahoma, workers compensation laws require employers to carry insurance that protects its employees from the financial hardships caused by workplace injuries.

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Cyber Liability

Since 2013, we have included cyber liability insurance with base limits on every lawyers professional liability insurance policy at no additional charge.

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Employment Practices Liability

Protect your firm from the litigious nature of today’s workplace and transfer risk with Employment Practices Liability (EPL) coverage.

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Phil Fraim, President of OAMIC
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All Products

Learn about more products that we offer at OAMIC.

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Get a Quote

Apply for professional liability coverage today through our convenient online portal. In most cases, you will receive a quote within 24 hours.

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