Whether you own or lease your office space, it’s critical to have the right type of protection. That’s because your office contains valuable equipment and important documents. This space also serves as a meeting place for your clients. Having these forms of coverage can ensure your basic needs will be met:
Why Do Lawyers Need Insurance?
As a lawyer, you most likely understand the importance of having all your bases covered in the courtroom. However, not enough attorneys know about how critical it is to have insurance for law firms to protect them in the event of the unexpected. Someone could break into your office and steal laptops or other crucial equipment. A fire can start next door and cause heavy damage to your property. An unsatisfied client might sue you for false advertisement. Sensitive information could be stolen from your servers by cybercriminals.
Having insurance for lawyers protects your firm in these and many other circumstances. Even if you have a great deal of success in the courtroom, any one of these events has the potential to put your practice in a deep financial hole that it may not be able to escape. Fortunately, B2Z Insurance Inc. is here to provide you with professional liability insurance for lawyers and other types of coverage. With our help, you can rest easy knowing that you have the protection you need.
What Kind of Insurance Coverage Do You Need?
Business Owner’s Policy (BOP).
This is a combination of commercial property and general liability insurance that includes some additional coverages. It protects you for a wide range of contingencies, such as property damage to your building and/or its contents; stolen items; damage to a client’s belongings caused by you or your staff; lost income due to a covered event; injuries suffered by clients in your office; and lawsuits arising from advertising claims.
Workers’ Compensation Insurance.
This kind of policy is required in almost every state. It is aimed at protecting employers and employees in the event of an injury or illness on the job. This covers the injured employee’s medical bills, covers lost wages, and eliminates the business owner’s liability if the worker in question files a lawsuit. You may face stiff penalties or fines if you choose to operate without this coverage.
We can also help protect your business in many other ways. For example, professional liability insurance for law firms helps pay for damages and legal fees if a client sues you concerning financial losses. It’s also a good idea to think about purchasing cyber insurance for lawyers in the event a data breach or computer theft exposes your clients’ most sensitive data.