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Calculating Adequate Coverage When It Comes to Limits of Liability
Calculating Adequate Coverage When It Comes to Limits of Liability
Ask the difficult question: Will my law practice be adequately protected with the insurance coverage and limits I have chosen?
While professional liability insurance is unique to other lines of insurance, it still holds true to what insurance is. Your policy will be there to financially protect your law firm and can help alleviate the frantic stress of dealing with a claim, especially frivolous ones.
In this episode, we’ll go over:
- Calculating “Adequate Coverage”
- What Limits of Liability are enough?
- Why $100/$300 Limits may not be sufficient
- The power of having a team on your side
- Being intentional with your insurance selection
#themoreyouknow
Understanding professional liability insurance helps you navigate your purchase and renewals with confidence. It also helps you ask the right questions.
Partner up with a knowledgeable agent who is well-versed in professional liability insurance so you can thoroughly discuss and weigh all the options available to you.
Download the Professional Liability Checklist
════════════════════
Sign up for email reminders so you catch every episode.
Stay connected with DHIA for updates on webinars, tools, and resources! https://linktr.ee/danielshead
View all episodes
By Daniels-Head InsuranceCalculating Adequate Coverage When It Comes to Limits of Liability
Ask the difficult question: Will my law practice be adequately protected with the insurance coverage and limits I have chosen?
While professional liability insurance is unique to other lines of insurance, it still holds true to what insurance is. Your policy will be there to financially protect your law firm and can help alleviate the frantic stress of dealing with a claim, especially frivolous ones.
In this episode, we’ll go over:
- Calculating “Adequate Coverage”
- What Limits of Liability are enough?
- Why $100/$300 Limits may not be sufficient
- The power of having a team on your side
- Being intentional with your insurance selection
#themoreyouknow
Understanding professional liability insurance helps you navigate your purchase and renewals with confidence. It also helps you ask the right questions.
Partner up with a knowledgeable agent who is well-versed in professional liability insurance so you can thoroughly discuss and weigh all the options available to you.
Download the Professional Liability Checklist
════════════════════
Sign up for email reminders so you catch every episode.
Stay connected with DHIA for updates on webinars, tools, and resources! https://linktr.ee/danielshead