FREQUENTLY ASKED QUESTIONS

Your Lawyers Mutual policy is a "Professional Liability Claims-Made Policy. " The policy is for a term of one year and covers claims duly reported during that year. There must be a policy or ERE in effect at the time the claim is reported to us.

An Extended Reporting Endorsement – often called an “ERE” or “Tail Coverage” – is an endorsement to your policy that provides a period of time to make or report a claim after a policy expires or is cancelled, or after an attorney is removed from a policy.  Lawyers Mutual offers two options for this: (1) a 4-year period of time to report claims (to correspond to the current Statute of Repose for legal malpractice in NC), or (2) an unlimited period of time to report claims.  Note that while an ERE extends the time to report a claim under the last policy insuring you, it does not cover against acts/errors/omissions occurring after your coverage under that policy ended.

As a benefit of being a long-time insured and meeting certain underwriting criteria, an ERE may be available at no cost or a reduced cost to an attorney leaving the private practice of law.  For additional information, please see our article "Maintaining Continuous Coverage," and contact our Underwriting Department at 1-800-662-8843 for further information or with any questions about maintaining your professional liability insurance coverage.

Yes, and you may qualify for a substantially reduced premium.

If you add an attorney, we will send you a Quote/Invoice for the additional premium due. This premium is prorated. When the additional premium is paid, the firm will receive an endorsement stating that the attorney has been added as an Insured under the policy.

If you remove an attorney from your policy, you will receive a prorated refund of premium paid. However, if the firm has an unpaid balance, the refund is applied to the balance due.

Changes in areas of practice will be updated when you send us your Re-issue Application. However, if you are considering a representation that involves a new area of practice for your firm, please contact us.

Lawyers Mutual does not issue Certificate of Insurance. Upon your request, we can provide a 'Confirmation of Insurance."

Please contact our Underwriting Department by calling 800.662.8843.