Understanding The Step Rate Factor for Lawyers Claims-Made Policies
Understanding the step rate factor is key to knowing why your premium increases. This quick guide breaks down step rating, prior acts, and why continuous coverage protects the legal services you’ve provided, offering a clear look at how your claims-made policy matures over time.
Download this guide to learn how the step rate factor affects your premium, when a policy matures, and how to protect your prior acts coverage.
