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