At Lawyers Mutual, malpractice coverage goes beyond just coverage limits, deductibles, policy language, and premiums. For nearly 50 years, we've built our reputation and strength by providing unmatched value and service to North Carolina lawyers—no other company can match our track record. Most of our policyholders have trusted Lawyers Mutual for their entire careers. Today, we continue to offer even more value to our clients.
Lawyers don’t buy malpractice coverage simply to meet the North Carolina State Bar’s recommendations — they invest in it because they want expert support when a claim arises. The ABA reports that the average lawyer will face two malpractice claims in their career, with a 1 in 6 chance of a claim in any given year. At Lawyers Mutual, half of our claims dollars are spent defending claims, and our true value lies in our expertise in protecting lawyers, backed by our financial strength and ability to pay claims.
Unlike an occurrence auto policy, professional liability insurance uses a claims-made and reported policy. This means your policy covers any claim made within the policy year for a mistake that occurred after the retroactive date.