Insurance Helps Lawyers Perform with Confidence
Knowing that you and your firm are protected even when you make mistakes is the only way you can work confidently and do your best on the job. Lawyer’s malpractice insurance is one important kind of protection.
Professional Liability Insurance
As professionals who offer a service to the public, lawyers can be found liable for damages directly related to that service. These damages can be physical, financial, or emotional and are often valued at millions of dollars. Legitimate cases can bankrupt even the most solvent law firms, while even meritless cases can tie up valuable time and resources. Lawyers malpractice insurance is the best way to protect your firm from these professional liability claims.
Specialized Insurance Agencies
Not all law firms are created equally. Some firms are small, while others are large. Some firms take high profile cases while others prefer to build their businesses beyond the limelight. Some firms serve wealthy, educated clients while others focus on helping those with fewer resources. Each of these and many other qualities that can define a specific law firm can also affect the kinds of lawyers malpractice insurance that will best serve that firm’s needs. One of the best and most reliable ways to ensure that your firm purchases the right plan for them is to work with an insurance agency that has experience writing and servicing legal policies. In the same way that you wouldn’t go to a defense attorney to draft your business contracts, you shouldn’t go to your car insurance agent for professional liability coverage.