Estimated Cost (2026)
Adjust based on your team size
Just me (1)Team (20)
$502-$738
Estimated Annual Premium
Monthly Average Breakdown
$49 / mo
Includes General Liability
Industry Risk Profile
Lawyers require Legal Malpractice insurance to protect against claims of negligence or failure to deliver legal services adequately.
Risk Factor0.6x
Location Factors
- State Base Rate$920
- Minneapolis Multiplier1x
- State Tax Rate6.9%
Local Compliance FAQ
Is General Liability required in Minneapolis?
While Minnesota law may not mandate it for all businesses, Law Firms often need proof of insurance to bid on local commercial projects in Minneapolis.
Why is the rate different here?
Your premium reflects Minnesota's specific base rate of $920 and a local city multiplier of 1x.
Compare Law Firm Insurance in Other Minnesota Cities
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