Attorney and Law Firm Insurance
Legal Malpractice Insurance – also known as Attorney Professional Liability Insurance provides necessary insurance coverage for negligence claims made against a lawyer.
Most Attorney Professional Liability policies are written on a “Claims Made” basis; meaning that as your trusted insurance agency, we have agreed to cover claims that are made against you, as a lawyer, during the term of your legal liability insurance policy.
Legal liability policies typically limit the amount that the insurance company can be required to pay, on each claim, as well as the total amount that the insurance company can be required to pay on all claims made against the lawyer during the term of your Attorney Malpractice Insurance policy. The maximum amount of coverage provided by legal liability coverage is referred to as the “limits” of the policy.
How do I know if I need New York Legal Liability Insurance coverage?
Well, with a career that greatly depends upon your reputation and integrity, are you willing to allow your professional livelihood to remain at risk? What makes Attorney Professional Liability Insurance so crucial is the simple fact that it protects individual lawyers against financial ruin in the event of an unfavorable Malpractice judgment. Lawyers are personally accountable for their mistakes—professional corporations and limited liability partnerships do not protect you in the event of a Malpractice suit.
As a lawyer practicing in New York, the decision is an easy one—if you need legal liability coverage then you need Joy Insurance Agency!
At Joy Insurance Agency we take the time to accurately evaluate your liability needs. There is no one-policy-fits-all formula here; we work with you directly to determine the most appropriate coverage limits for your legal practice.
Contact Joy Insurance Agency right now and let us help you begin to better protect your reputation and livelihood today with Attorney Professional Liability Insurance!