Law Firm Insurance
Professionals in the law industry work with a lot of sensitive personal information. Therefore, your law firm is exposed to high-level risks. And that’s just on top of all other risks a business can face, like property damage to your office or loss of important data. As we can see, law firm insurance is definitely very important and with Insurox you can compare quotes from top providers and get the best price and coverage that fits your needs.
Insurance – protects law firms, from lawsuits alleging injuries or property damage that occurred as the result of your business operations – example if a client is injured at your office or an employee of yours does damages to a customer’s property while doing a consultation at their home. It even helps cover some claims of slander and libel against your firm. Business Liability does not cover liabilities directly arising out of the accounting or financial professional services you may provide.
Attorney Liability Insurance
The clients you work with depend on you the most, for things such as advice on legal issues or handling their most valuable contracts. And if something happens you need to represent them in court. That’s a giant responsibility – and you’re fully prepared to protect them. We have the same passion. Insurox is ready to protect your business with comprehensive business insurance for law practices.
As an attorney-at-law, you know that accidents can, and do happen to people and property. If an unfortunate event were to affect your business, you need a policy created to help keep your firm up and running. We will tailor a law firm insurance policy that fits the needs of your business and your budget with attorney’s office business insurance.
Protects the establishment of your law firm and the things you use to operate the business, like equipment, calculators, computers, desks, and other office furniture, whether you own or lease them.
Errors & Omissions Insurance
Sometimes no matter how careful you are, or how many times your employees double check everything, an error might slide through the cracks and spark a lawsuit. That’s why it’s so important to secure your law firm with Errors and Omissions Insurance, which protects companies like yours from those oh-so-human mistakes. Keep your law firm from falling down the rabbit hole of legal defense costs!
Most of the times the law firms are seen as “low-risk”, mainly because there are few or none physical threats in the office. Law firms are eligible for a Business Owner’s Policies, or BOP, which connects a General Liability Insurance policy with a Property Insurance policy and offers you the bundle at a special, discounted rate.
Also known as “workman’s comp” or “workers’ liability insurance. This insurance makes sure your employees’ lost wages and medical bills are paid for in the event of an injury on the job or get a work-related illness. As a business owner costs like these might be higher than what you can afford. Workers’ Compensation Insurance will help secure your firm keeps running, even in tragic events. In addition, you can pick a policy that will protect you, the owner, if you are injured on the job.
Cyber Liability Insurance
Also known as “Cyber Risk Insurance”, it secures law firms from costs related to data breaches which can result in very expensive lawsuits. As a law firm, it’s very important to have this coverage mainly because of the risk that your clients’ information gets stolen in a data breach.
You’ll be responsible for all the legal fees, lawsuits, and reparations. Therefore, you have to notify your client of the breach, provide credit-monitoring services, and perform some PR damage control to restore your firm’s reputation. Having this insurance, you won’t be distracted by the money side of things. Insurox has you covered. Instead, you’ll keep doing your work, and focus your energy on rebuilding your firm’s image and faith of your customers.
What if you want to secure your business with extra protection in the event of a surprisingly expensive lawsuit? For just a few hundred dollars a year, you can add millions of dollars in coverage to your General Liability Insurance, as well as some other kinds of policies you may carry, like Non-Owned Auto Insurance and Employer’s Liability Insurance. This type of coverage is called Umbrella or Excess Liability Insurance, and it’s active when a claim exceeds the limits of your existing insurance policies.
Covers the loss of income when you can’t operate your law firm because of property damage or any other reason that incapacitates your business.
Commercial Auto Insurance
As a business, you might need to travel for work, get supplies or go to a business event. Are the vehicles you use for work covered by a Commercial Auto or Hired & Non-Owned Auto Insurance policy? If not, your business is at a risk for the super high costs of accidents like medical expenses, lawsuits, vehicle damage and many more.