Comprehensive Professional Liability coverage for small and mid-sized law firms.
Professional Liability coverage applies to claims made against the insureds by reason of a negligent act, error or omission in the performance of professional services.
As a legal professional, while you may be committed to your clients, they may not always return the favor. Whether a small or mid-sized law firm, your business has potential exposures as client expectations are increasing and malpractice lawsuits are becoming more common. Your business and financial security depend on how well protected they are from a lawsuit or claim.
We are licensed insurance agents in the following states:
AZ, CO, GA, IA, IL, IN, KY, MI, MN, NC, OH, SC, TN, TX, and WI.
Who is Lawyers Professional Liability Insurance for?
All lawyers, regardless of their field of practice, should have malpractice insurance. It’s a simple fact of life that at some point you will make a mistake, which is why you must be insured. Certain areas of practice carry much more risk than others.
- Criminal Lawyer
- Business Lawyers
- Divorce Lawyer
- Traffic Lawyer
- Immigration Lawyers
Why do Lawyers need Professional Liability Insurance?
The law industry is highly regulated and there are structured guidelines and standards that are to be adhered to by all practicing lawyers. Even if you’re an expert in your profession, mistakes happen. And if your client or customer thinks a mistake in your professional services caused a financial loss, they can and likely will sue you.
The damages resulting from malpractice lawsuits can easily become so great as to potentially lead to the bankruptcy of your firm. Professional liability insurance helps cover you and your firm if you make a mistake in your professional services. This coverage is also known as errors and omissions insurance (E&O) or in some countries as professional indemnity insurance.
What Is Covered?
- Errors and omissions occurring during the course of providing a professional service
- The firm
- Individual lawyers in the firm
- Legal defense costs resulting from malpractice lawsuits
- Damages and settlements
- Fines and penalties alleged against your firm
What Is Not Covered?
- Claims resulting from criminal, malicious, or fraudulent acts
- Claims resulting from the activities of board members
- Claims resulting from the activities of business partners
- Inter-firm lawsuit claims
- Employment-related lawsuits
- Bodily injury and property damage
How Can The Alta Pro Team Help You?
With diverse backgrounds and a wide range of experience, Alta Pro Insurance’s team is well empowered and ready to serve all of your business insurance policy needs. We’re here to listen, to answer all your questions, and to guide you to the right coverage.
The Alta Pro team has been working together underwriting and selling business insurance for many years before Alta Pro. We have developed strong relationships with carriers and agencies throughout the nation.
Our goal is to provide, through our business insurance offerings, peace of mind to our customers. We want our customers to “sleep well at night”. Our culture is built upon attracting, engaging and ultimately delighting customers through their experience with Alta Pro Insurance.