What to Look for in a Lawyer’s Professional Liability Insurance Policy
As an attorney, you are likely well aware that you and your practice may need protection from situations like lawsuits that are filed against you, as well as any judgments or settlements that could arise due to making a mistake with a client – even though it is unintentional, and you strive to uphold high [...]
What Does Professional Liability Insurance Cover?
No business or self-employed professional is immune to lawsuits. These can be time-consuming and costly – even if you win the case. That’s why it is important to have protection that can keep you from high out-of-pocket expenses. One way to do this is by carrying professional liability insurance coverage. A professional liability insurance policy [...]
The Difference Between Professional Liability and E&O Insurance
Depending on the business you are in, you may have heard the terms professional liability and errors and omissions (E&O) insurance. But, while the names and the language used may differ by industry, the type of protection that these policies cover is essentially the same. Professional liability insurance is a type of coverage that protects [...]
Is Your Business “Too Small” (or Too “New”) to Need Big Legal Protection?
If you operate a small business or professional services practice, you may try to keep expenses at a minimum – especially if you are just starting out. But one area that should not be skimped on, even for sole proprietors and small business owners, is liability protection. That’s because legal issues can come in all [...]
Being Rewarded by Taking on Risk
Most any business will require at least some form of insurance coverage to help protect it against a myriad of potential expenses, such as loss of tangible property, theft, and liability. In many cases, coverage is purchased through an outside insurance vendor. But there are other, little-known alternatives that could provide protection, while at the [...]
Lawyers Need Protection, Too
Are You Covered? As an attorney, it is your job to make sure that your clients are protected. But what happens if you suffer damages from a professional mistake? Having a legal claim filed against you can be costly. This is the case both in terms of a dollar amount, as well as the expense [...]