Premium Cost Estimator

This worksheet is for planning purposes only, to help you evaluate the effect of different limits of liability, deductibles, and practice management techniques. All amounts are approximations, based upon a hypothetical law firm having good claims experience and meeting all applicable underwriting requirements and guidelines. There are other underwriting rules and rating factors, including but not limited to areas of practice and claims history, which cannot practically be included in this worksheet, and which could materially affect the premium quotation that would be offered to an actual applicant. Minimum and maximum limits of liability and deductibles may apply based on firm size and prior insurance history. Attorneys in part-time practice should also check the separate Part-Time Premium Calculator to determine eligibility for special rates. Submission of an application does not guarantee that a quotation will be offered.

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Step 1: Determine the base premium rating factors for your firm
A) Enter the number of attorneys in your firm:
B) Select the county in which your office is located: Los Angeles/Orange
All others
C) Select the number of years you have continuously been insured up to your next renewal date ("0" if currently uninsured):
D) Choose the limits of liability you want:
E) Select the deductible you want:

Step 2: Describe your risk profile

Premium discounts are available for law firms having better than average risk profiles -- answer the questions below to get a rough idea how your risk profile could affect your premium. For details on how to qualify for specific premium discounts, contact the program administrator.
A) Do you consider your practice to be SIGNIFICANTLY BETTER THAN AVERAGE with repect to your administrative systems and procedures (such as docket/calendar control, file maintenance and conflict avoidance, etc.)? Yes No
B) Do you consider your practice to be SIGNIFICANTLY BETTER THAN AVERAGE with respect to client relationship management (e.g., engagement letters, client selection, receivables management, suits for fees, etc.)? Yes No
C) Has each attorney attended a State Bar-sponsored seminar on avoiding malpractice claims within the past 12 months AND received a premium discount certificate?(Click here for more information and a schedule of seminars - premium discount certificate(s) must be submitted to receive this credit) Yes No

Step 3: Calculate your estimated premium range

Click the "Calculate" button to see your estimated premium range. Change one or more of your selections above and click "Calculate" again to see how the change(s) could affect premium. Click "Reset" to clear all entries and start over. Results are shown below.
Annual Premium range: From: To:
Your downpayment* would range From: To:
with nine monthly installments ranging From: To:
This would represent a per-attorney annual premium, exclusive of finance charges, ranging From: To:
Remember that your actual premium could be different the estimated amounts shown here.
* Optional premium financing is offered through Cananwill, Inc. and requires a downpayment of 20% of the annual premium at inception of coverage, with nine equal monthly installments beginning 30 days thereafter. The current APR is 4.75%.

Step 4: Request an application to obtain an exact premium quotation.

Please provide the information below to receive an application kit by mail.
Name:
Address:
City: State: Zip Code:

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