Is Minnesota Lawyers Mutual a good company?
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Asked November 30, 2017
Minnesota Lawyers Mutual (MLM) is a professional liability insurance company that provides coverage to attorneys and law firms in the United States. The quality of an insurance company can depend on several factors, including the company's coverage options, customer service, financial stability, and ratings. Here are some key points to consider when evaluating whether MLM is a good company:
- Coverage: MLM specializes in providing professional liability insurance to attorneys and law firms. Their policies may include coverage for malpractice claims, cyber liability, and other risks that are specific to the legal profession. It's important to carefully review the coverage options available to ensure that your policy meets your specific needs.
- Customer service: MLM has a reputation for providing excellent customer service. They offer a range of resources to help their policyholders navigate their policies, including online tools and customer support.
- Financial stability: MLM is a financially stable insurance company. They have a strong financial backing and have been in business for over 35 years.
- Ratings: MLM has received high ratings for its financial stability and claims processing. They have an A- rating from A.M. Best, which is a credit rating agency that specializes in evaluating the financial stability of insurance companies.
- Reputation: MLM has a strong reputation in the legal community. They have a long history of providing insurance coverage to attorneys and law firms, and are well-known for their expertise in the legal profession.
Answered December 5, 2017 by karen