Which Cyber Insurance Carrier Is Best for Your Law Firm?

Law firms are among the most frequently targeted businesses for cyberattacks. Client trust accounts, privileged communications, and sensitive case files make legal practices a high-value target for ransomware, business email compromise (BEC), and data exfiltration. Choosing the right cyber insurance carrier matters — not all policies are built for the unique risks law firms face.

We compared four leading carriers — Chubb, Hartford, Cowbell, and Hiscox — across coverage, pricing, claims handling, and law-firm-specific features to help you make the right choice.

Carrier Comparison at a Glance

Feature	Chubb	Hartford	Cowbell	Hiscox
Best For	Mid-to-large firms (10+ attorneys)	Small firms, bundled coverage	Tech-savvy small firms	Solo & small firms
Annual Premium Range	$3,500–$12,000	$1,800–$6,500	$1,500–$5,000	$1,200–$4,500
Coverage Limit	Up to $10M	Up to $5M	Up to $5M	Up to $2M
ABA Rule 1.6 Support	Dedicated compliance tools	General cyber coverage	Risk assessment dashboard	Basic coverage
Social Engineering/BEC	Included (sub-limit)	Optional endorsement	Included	Optional
Client Trust Account Coverage	Full coverage	Limited sub-limit	Included	Not standard
Incident Response	24/7 breach coach + panel	Breach hotline	AI-powered risk alerts	Breach response team
Retroactive Date	Full prior acts available	1-3 year lookback	Full prior acts	1-year lookback

Chubb: Best for Mid-to-Large Law Firms

Chubb's Cyber Enterprise Risk Management (ERM) policy is the gold standard for firms handling high-value litigation, M&A work, or regulatory matters. Key law-firm advantages:

Client trust account fraud coverage up to full policy limits — critical for firms holding escrow funds
Social engineering and wire fraud coverage included, not a bolt-on
Regulatory defense costs cover state bar investigations triggered by data breaches
ABA Rule 1.6(c) alignment — Chubb's risk engineering team provides compliance documentation your firm can use for ethics audits

Best fit: Firms with 10+ attorneys, $2M+ revenue, handling sensitive client data. Expect premiums of $3,500–$12,000/year depending on firm size and practice area.

Hartford: Best for Small Firms Wanting Bundled Coverage

Hartford's CyberChoice policy works well for small law firms (2–10 attorneys) that want cyber bundled with their BOP or professional liability.

Bundle discount of 10–15% when pairing cyber with E&O (legal malpractice)
Breach response hotline with legal and forensic support
Data restoration costs covered — important when case files are encrypted by ransomware
Business interruption covers lost billable hours during a cyber event

Best fit: Small firms looking for cost-effective bundled coverage. Cyber + E&O bundles typically run $2,800–$6,500/year total.

Cowbell: Best for Tech-Forward Small Firms

Cowbell is a cyber-specialist MGA using AI-driven risk scoring. For tech-savvy firms running cloud-based practice management:

Continuous risk monitoring dashboard — shows your firm's cyber risk score in real time
Premium credits for implementing recommended security controls (MFA, endpoint detection)
Social engineering and funds transfer fraud included at full limits
Fast quoting — online application, same-day bind for firms under $10M revenue

Best fit: Small firms (1–15 attorneys) comfortable with digital-first insurance. Premiums start at $1,500/year for well-secured practices.

Hiscox: Best for Solo Practitioners

Hiscox offers affordable cyber coverage designed for solos and micro firms:

Low entry point — policies from $1,200/year for solo practitioners
Simple online application with instant quote
First-party and third-party coverage in a single policy

Limitation: Lower limits (typically $250K–$2M) and social engineering coverage is optional — not ideal for firms handling large trust accounts.

The Bundle Play: Cyber + E&O + Management Liability

Every law firm should evaluate their legal malpractice (E&O) and management liability alongside cyber. A data breach exposing client privileged communications creates both a cyber claim AND a potential malpractice claim.

The natural bundle for law firms:

Cyber insurance — breach response, ransomware, business interruption, regulatory defense
Legal malpractice (E&O) — claims from failure to protect client confidentiality under ABA Rule 1.6
Management liability (D&O/EPLI) — partner disputes, employment claims, regulatory actions

Bundling cyber + E&O saves 15–25% vs. buying separately. Hartford and Chubb both offer competitive bundle pricing for law firms.

How to Choose: Decision Framework

Firm size matters: Solo → Hiscox. Small (2–10) → Hartford or Cowbell. Mid-to-large (10+) → Chubb
Trust account exposure: If your firm holds client funds, prioritize Chubb or Cowbell for full trust account fraud coverage
Practice area risk: Litigation, IP, M&A, and healthcare law firms face higher cyber risk — invest in $2M+ limits
Bundle economics: Get quotes for cyber + E&O bundles from at least 2 carriers
ABA compliance: Chubb provides the strongest compliance documentation for ethics audits

Compare Quotes Now

The right carrier depends on your firm's size, practice areas, and risk profile. Compare cyber insurance quotes from Chubb, Hartford, Cowbell, and Hiscox.

Compare Cyber Insurance Quotes for Your Law Firm →

Premiums reflect 2026 market rates for law firms with standard security controls. Actual premiums vary by firm size, claims history, and security posture.