According to the American Bar Association's (ABA) latest Profile of Legal Malpractice Claims report, which covers data from 2016 to 2019, the median payout for legal malpractice claims in the United States was $225,000.
Taking that kind of financial loss can crush a business without adequate insurance coverage.
As a business owner, making insurance a primary pillar in your business plan is essential. It protects your business financially by transferring risk, and supplies you with a team to help preserve your reputation in the event of a claim.
There is a misconception that there’s a “one-size-fits-all” solution for business insurance out there. Each business has its own design, and in turn should curate an individualized portfolio of business insurance solutions.
Purchasing insurance for your small business is responsible. Tailoring your business insurance to your unique needs is smart.
This is why it’s important for you to find a dependable agent who is well-versed in professional liability insurance. You want to find a team to help you secure tailored business insurance solutions for your unique needs. And that is where the Daniels-Head Team shines!
Explore the feedback from our insureds, and some non-insureds, to find out why over 8,000 law firms turn to Daniels-Head for their professional liability insurance needs.
Click the “Quick Estimate” button to begin the experience for yourself; Prompt contact from an agent, a no-obligation estimate that is tailored to your needs, and the professional reliability your business deserves!