County Insurance Consultants has a wealth of experience and cater for both small and large legal firms. We understand the importance of getting your solicitors insurance policy right for you. We’ll work hard to minimise the rising cost of insurance whilst ensuring that every single employee who gives legal advice as the best professional indemnity cover available on the market – ensuring your practice has the best protection possible against litigation claims.
Insurance for solicitors is one of the most important aspects of running a legal business. With personal and commercial litigation cases growing as a result of the economy, having robust professional indemnity insurance is a must for all firms giving legal advice – small or large.
A litigation case whereby your employee / firm is found negligent in advice given – or a major mistake is proven – could have a dramatic financial impact on your business.
Insurance for legal firms is a unique entity and you need to use an insurance broker that understands the complexities involved in these polices, where to place the business (which underwriters) and also how to obtain the best price in a rising market. For example, the vast majority of these professional indemnity policies have exactly the same renewal date every year – so this means an additional strain on the solicitors’ insurance underwriters during this period.
Checklist of things to consider when arranging your insurance policy:
- Public Liability
- Employers Liability
- Professional Indemnity (required by law for a solicitor)
- Business Equipment
- Commercial Legal Expenses
- Directors and Officers
- Property Damage
- Business Interruption
- All risks covered
- Commercial Vehicle / Fleet Insurance