PROTECT YOUR CAREER WITH ATTORNEY PROFESSIONAL LIABILITY INSURANCE
Lawyers Professional Liability Insurance may sound like an ironic product for some. After all, if a lawyer knows his job, why can't he defend himself in the court rather than winding up paying a heavy premium, right? The fact is that the law and order scene is very complex today, with internet providing comprehensive information to any end user that is willing to spend time researching valuable information on the internet.
Today, more and more customers are confident that they can sue their lawyer had they been restricted from enjoying a top-notch service. Unfortunately, each customer of yours decides this by various parameters and there is no guarantee that despite your wholehearted efforts to serve a customer right, he will feel the same way about you. Sometimes you are fighting a case that had very little room for your client to make things in his favor or in other instances; you accidentally committed a mistake that changed the fat of an entire case.
In either case, you do not want to run the risk of losing your license or end up in long legal battles with an arch rival on professional liability suits. This is where most lawyers can save a lot of time and energy by purchasing Attorney Liability Insurance coverage. You maybe a highly skilled lawyer with full confidence to fight your own case in the court, but despite this, you may really don't want to do this because your time is valuable. You don't want to spend your valuable time as a lawyer defending yourself against clients!
DO I REALLY NEED THIS INSURANCE?
Surprising as it may seem, as much as 6% of all lawyers in the whole of the United States are likely to face a lawsuit against them in any given your. Claims against a lawyer have steadily increased since the past decades and the rate still continues to grow. Lawyers of any country, firm or areas of practice are always at risk of being sued and need something that can back them up.
Of course, getting Attorney Professional Liability Insurance can be a little expensive, but it will save you considerable amount of money spent on defense, the several hours of time dedicated to address the lawsuit and the tension or stress that the whole situation can bring, in case somebody sues you. A policy is always the easy way to get off that burden from you when are defending against a claim. This kind of insurance policy is also great when it comes to protecting your client's significant losses in the worst circumstances.
WHAT OTHER TYPICAL CAUSES OF A PROFESSIONAL CLAIM?
Malpractice claims on their lawyer is as varied as one can imagine. One of the most commonly brought out claims against her lawyer is those straightforward simple mistakes including any administrative or operational errors when dealing with a case. Also, one of the frequent claims is alleging that a lawyer failed to address the clients need in any way. As a lawyer, you can never be absolutely sure what might have put off your clients and what's going on in their mind. Hence, instead of worrying about those thousand claims that clients make against you, it's always better that you leave it to an insurance policy to take care of any expenses to address the concern.
WHAT DOES LAWYERS PROFESSIONAL LIABILITY INSURANCE COVER?
Legal malpractices coverage policies are generally designed to cover against any kind of claims that arise from 'wrongful act' committed while rendering one's legal service. Basically, this insurance policy covers practices such as:
Services rendered as a notary public
Title agent or title agency services
Rendering services as a trustee or an executor of an estate link with representing a client
Rendering services as a director, officer or a member of legal profession
WHO DOES ATTORNEY PROFESSIONAL LIABILITY INSURANCE COVER?
Basically, this policy is designed to protect lawyers and employees of a law form rendering services on behalf of the firm. The coverage also backs up the firm itself, as it is specified in the policy.
WHY IS IT ADVISED TO TAKE UP THIS KIND OF INSURANCE POLICY?
As a lawyer, you already have your plate full with cases that requires your complete dedication and professionalism. Hence, the last thing you need to worry about is some forgotten customer who did not like your services and is ready to file a suit against you. It doesn't matter whether it was your fault or not, when a case is fighting against you, you would have to get your hands wet and address the claim. Attorney Liability Insurance is the right way to make sure that you do not lose out a lot of money from your own pocket and let your business get affected. The insurance coverage would take care of your financial emergencies and back you up at the right time.
WHY STREETSMART INSURANCE AGENCY?
Why will you choose StreetSmart Insurance Agency? We is a family run business with several years' of experience in selling various insurance products. We take pride in employing highly experienced insurance agents that know what they are selling. We don't believe in selling generic insurance products to our customers because we understand that each customer has his own requirements and a standardized approach towards insurance is not the best way to address a client's specific needs.
Our New Jersey Attorney Liability Insurance programs are selected from the best insurance companies in the USA and we also make sure that your policy won't turn out to be an expensive affair for you. We believe in providing maximum protection at reasonable costs but we also make sure that our programs provide you adequate coverage. Some of the highlights of insurance programs that we sell here include:
Comprehensive coverage, including legal defense costs
If yours is a multi-lawyer firm, we also provide former attorney coverage to guarantee adequate coverage for your firm even if the attorney is changed
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