Professional Liability Insurance

Real Estate Agents Insurance Quotes

Litigation is both costly and time consuming, and realtors are increasingly the targets of lawsuits. Lawsuits against realtors involve claims for failure to diagnose some material defect, claims that the realtor misrepresented the property in some way, or that a property inspection was handled inappropriately.

Real Estate Agents’ Professional Liability Insurance is a specific variation of Professional Liability Insurance (often called “Errors & Omissions Insurance” or “Malpractice Insurance“) designed specifically for professionals in the real estate industry.

This product protects the assets of real estate agencies, brokers, and individuals from claims of wrongful acts (errors, omissions, or negligence) that result from the performance of their professional duties.

Policies cover financial losses and expenses (including legal fees) that result from a claim. Some policies also protect against slander, libel, and breach of contract. As with other types of professional liability insurance, the insured is generally protected against all lawsuits, even frivolous ones.

Lawyers Insurance | Law Firms And Attorneys Liability Insurance Quotes

Professional liability insurance for law firms and attorneys helps protect your firm from risks not typically covered by general commercial liability policies. Just as medical practitioners need malpractice insurance, you need professional liability for your law firm. Law Firms and Attorneys Professional Liability (sometimes called Legal Malpractice Insurance) is an essential part of a comprehensive business insurance portfolio. If you already have a policy, you should review it periodically to make sure it is up to date. As your practice expands, it’s a wise idea to increase your coverage limits and reduce your exposure to claims.

You can obtain quotes for lawyers insurance using the form at the top of this page.

Who Needs Professional Liability Insurance For Law Firms And Attorneys?

You need attorneys liability insurance if:

  • Your state insurance commission requires it

  • Your practice involves personal injury, finance, intellectual property or other  high-liability areas

  • You are a paralegal or clerical staff person, retired or semi-retired partner, independent contractor or someone who provides counsel for a law firm that has no coverage or insufficient coverage

  • You have personal assets that could be jeopardized if a client sued you

Florida small business insurance policies

In Florida, some of the most common policies for small businesses include:

General liability insurance

General liability insurance helps cover expenses related to injuries incurred by customers and visitors to your property. It can also help cover property damage and advertising injuries. Examples of situations that may be covered by general liability include:

  • A deliveryman slides on ice on the front step of your business and breaks a wrist.

  • A model attending a photo shoot at your private studio trips over a loose cable and twists an ankle.

  • Your marketing team comes up with a slogan that your competitor claims is slander.

Property insurance

Your business property, which includes the building, equipment, and inventory, may suffer damages due to accidents or crime. Commercial property insurance can help pay for repairs or replacements that are necessary when:

  • A pipe breaks at your convenience store, causing extensive water damage to your inventory.

  • Expensive lotions and beauty products are stolen from your spa.

  • An employee at your architecture firm knocks over a detailed scale replica of a building.

Florida Small Business Insurance

For a small business in Florida, or anywhere else in the world to succeed today, it has to be nimble and adjust to the changing times. We think the way you buy small business insurance should be held to the same standards. We customize small business insurance policies to your needs. Small business insurance products offered in Florida include:

General liability insurance, known as Commercial General Liability (CGL), protects your business from another person or business’s claims of bodily injury, associated medical costs, and damage to property. Some examples of what could be covered are below:

  • Bodily injury: It is raining outside and a client hastily enters a spa and slips on the floor, which does not have a wet floor sign. The client sustains injuries and makes a claim against the spa owner. A general liability insurance policy could cover the client’s medical costs, including any lost wages, that result from the injury.

  • Property damage/data loss: A consultant is working in a new client’s office when they accidentally spill coffee on the server. The machine is damaged beyond repair and valuable data is lost. The consultant’s general liability insurance could cover the cost to replace the server.

  • Personal injury: A tax preparer is overheard talking about a client in a false and unflattering way. The client finds out about the conversation and sues for slander. The tax preparer’s general liability policy could cover the defense costs as well as any settlement or judgment.

Professional liability insurance, also known as errors and omissions insurance (E&O insurance), covers another person’s claims against businesses that provide professional and personal services. Some examples of what could be covered include: