As an attorney or accountant, your clients expect trustworthiness, confidentiality, security, and professionalism. Sometimes, despite your best efforts, clients are unsatisfied with the work you have done. For example, your firm unintentionally provided inaccurate advice or mishandled the account. Now, you are facing a professional negligence or malpractice lawsuit.
Whether a solo practitioner, small practice, or large firm, you have exposure to several liability risks unique to your profession. Therefore, finding the right insurance for your firm is an essential step in protecting and expanding your business. Let DRS Insurance Group help you identify the product(s) that fit your unique needs and budget. To learn more about your business insurance options, contact us today.
Business Owners Policy (BOP)
At the very least, your firm should have a Business Owner’s Policy (BOP). By combining your general liability, commercial property, and business income policies, a BOP can safeguard your firm and save you money on insurance rates.
When your business causes injuries or property damage, general liability coverage helps protect you from lawsuits. Furthermore, it covers claims of slander and libel.
Workers’ compensation insurance provides wage replacement and medical benefits to employees if they suffer a work-related injury or illness. Additionally, it helps cover your legal fees if an employee’s family decides to sue you.
Because your firm advises many clients, you are vulnerable to error or omission lawsuits. Accordingly, professional liability insurance helps cover claims of negligence, misrepresentation, and inaccurate advice.
Hired and non-owned insurance provides liability coverage for property damage and bodily injuries caused by you or your employees while driving for work
The trust you build with your clients is your firm’s most valuable asset. Therefore, if their information is compromised, your reputation can be at risk. Stay secure, safeguard your electronic data, and shield your firm with cyber liability insurance.
Coverages range depending on size and structure of your organization.
For a customized quote start a quote online or call DRS Insurance today.
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