Professional liability insurance for bankruptcy attorneys — a deadline- and disclosure-intensive practice where a single omission on a schedule can undo a client's fresh start. Backed by an A+ rated carrier, limits to $5M.
Every practice has its own claim patterns. Coverage is only useful when it's matched to the way your work actually generates risk.
Omitted assets, misfiled schedules, or exemption mistakes can cost a debtor property or a discharge — and the error is easy to document.
Missed deadlines, incomplete disclosures, or means-test errors create claims and can expose the attorney to court sanctions.
Recommending the wrong chapter, or misjudging eligibility, leads to claims when the outcome falls short of what the client expected.
Hypothetical, generic illustrations — not actual claims, and not a statement of coverage.
An asset omitted from the schedules leads to denial of discharge, and the client alleges the omission was the firm's error.
A client alleges the firm recommended the wrong chapter, resulting in a worse outcome than an alternative filing.
An available exemption is not claimed, and the client alleges the resulting loss of property was avoidable.
Scenarios on this page are generic, hypothetical illustrations of the kinds of allegations that can arise in this practice. They are provided for educational purposes only. They are not descriptions of actual claims and are not a representation that any particular claim is, or would be, covered. Whether any claim is covered depends entirely on the facts and the terms, conditions, and exclusions of the issued policy.
Coverage for bankruptcy attorneys is underwritten by a carrier rated A+ (Superior) by AM Best, with limits up to $5 million and deductibles as low as $2,500. Defense-cost options can sit outside your limit — so defending a claim doesn't erode the protection you bought.
Coverage placed with a carrier rated A+ (Superior) by AM Best.
Meaningful limits for firms of one to twenty attorneys.
Additional defense-cost options that can sit outside your limit.
Talk to a person at 1-855-348-7475, not a call tree.
Bankruptcy is a strong fit for this program. Coverage is written for the filing- and disclosure-heavy nature of consumer and small-business bankruptcy work.
Lawyers professional liability insurance — also called legal malpractice or errors & omissions insurance — protects attorneys against claims that an error, omission, or act of negligence in their professional work caused a client financial harm. For bankruptcy attorneys, the specific exposures above drive the frequency and severity of claims, and the policy responds to both the cost of defense and any damages owed.
Nearly all legal malpractice coverage is written on a claims-made basis, meaning the policy responds to claims first made during the policy period for work done after your retroactive date. Continuity matters: predecessor firm coverage and prior-acts protection preserve coverage for work your firm has already performed.
The financial strength of the carrier behind a professional liability program matters. This program is backed by a carrier rated A+ (Superior) by AM Best, the second-highest of AM Best's financial strength ratings. Coverage terms are governed solely by the issued policy.
A+ rated professional liability for firms up to 20 attorneys, nationwide. Start your quote in minutes.
