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Essential coverages to meet client demands
If your business is alleged to have provided inadequate advice, improper service or failure to provide the contracted services, Professional Liability insurance will pay for the defense and court costs as well as the compensation to the client to rectify the mistake if the court rules against your favor.
General Liability insurance will provide protection against financial liabilities that result in third-party property damage, third-party bodily injury, personal injuries, libel, slander, advertising injuries, and other related incidents. The insurance will cover defense and court fees as well as out-of-court settlements.
Cyber Liability insurance is designed to cover the losses when a data breach in your business' electronic network occurs which your customers' information, personal information, and other data are exposed or stolen. The insurance will cover the cost of credit monitoring, notification costs, costs to defend claims, fines, and penalties, and loss resulting from identity theft.
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
Companies within this industry provide legal services such as transferring land, notary public, patent agent services, process serving, settlements, financing, and legal document filing.
You of all businesses should already know how costly it is when faced with a liability lawsuit. Your insurance will cover the defense and court costs so you don't have to. And depending on the insurance bought, it can also cover for medical expenses, property damage, and other expenses that could otherwise force your business to go bankrupt. And all it takes is a small monthly fee to get your business protected.
There are many risks legal services can face. Below are some examples:
Your client claims that the legal services you provided weren't exactly as they expected. They also claim that because of this, they have lost a lot of money, so they file a claim against your business.
Your laptop gets stolen at a coffee shop. All your customers' information is there and you later learn that your customers' information has been leaked and your customers have suffered identity theft as a result.
You realize that one of your lawyers has made a deal with the other party which causes your defense case to lose.
There is no fixed cost of insurance for legal services as there are various criteria that are taken into account when assessing the cost of your insurance. If you want to find out the cost of your insurance fast, simply apply online to get a free quote or contact our insurance experts.
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We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.
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