How is it different from General Liability?
General Liability focuses on third-party damages, due to your firm. Professional Liability, on the other hand, protects your firm from claims that are directly related to your company and the errors made internally.
Why do Lawyers need Professional Liability Insurance?
A claim can be brought against any lawyer whose actions have cost the client financial or physical harm. Any person in these positions can commit errors and omissions which in one way or another can harm the client even if it was only a mistake.
Your Main Coverage Options
There are three main things that Professional Liability insurance will cover: work errors, failure to deliver a service, and inattention to details or a service. These three main claims are only an overview of what this insurance will cover. In addition to this, we at 3G will cover:
- Defense Costs
- Personal Injury
- Negligence
- Claims from past services
- Claims from any services provided around the world
The Bottom Line
Mistakes happen but as a lawyer, where a simple mistake can cost a client financial harm, it is important to have Professional Liability Insurance. Whether your company is at fault or not insurance usually will cover any legal expenses you may face. Having this battle plan in place will benefit your firm in the long run.
Why Choose 3G Insurance?
At 3G we are the go-to professional liability insurance specialists. Easy quotes and unbeatable insurance rates are our daily standard. We know you’re busy and have a law firm to run; our quick 1-page application has all the information we need to get you the best quote in the industry!
Have any questions about legal liability insurance? Our team of experts has you covered! We will guide you through every step of the legal process and the actions we can take. Let us take all of the stress out of it for you and save you money! Contact us for a quote today, we look forward to working with you!
Policy Documents for Reference
Form 10b Standard Section 2
FL Insurance Disclosures
Form 42c Standard Section 4.2
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