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Law Offices & Law Firms
Professional Liability Coverage for Law Offices Most lawyers agree,
professional liability coverage is essential. But, it isn’t easy to buy. At
least … not until now.
Now you can get all the insurance coverage your firm needs from Texans. All your
property and casualty coverage from one company. Write one check and know that
your business insurance headaches are over. Because now you can get
Professional Liability coverage at competitive prices from one of the most
respected names in the small business insurance market – Texans Insurance
Services.
Minimize Your Risk
As an attorney, you’re focused on protecting the rights of your clients. But
you need to be just as concerned about protecting your own law firm. If a fire
in your office destroyed papers and records produced for an upcoming trial,
would your insurance pay for the cost to reproduce them? If your personal
identity were stolen, could a poor personal credit report negatively affect
your business? Could you afford to take the time away from your business to
reinstate your identity?
At Texans Insurance, we are focused on protecting your business, and our small
business insurance for law offices is truly designed with you in mind. Our
customized programs offer you coverages that address your unique needs –
coverages that may not be available in many other policies.
Texans has an industry-leading small business owner’s policy that covers law
offices for a wide range of liability and property risks. The following
coverages can be included:
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Building and Business Personal Property
Your policy can contain coverage to repair or replace your building and any
equipment, stock, furniture or fixtures that you own. There’s a lot of business
property coverage available, such as:
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Identity Recovery Coverage for Business Owners
Provides Identity Recovery Coverage and services, such as:
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Identity Recovery Help Line for policyholders who suspect they are identity
theft victims.
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Identity Recovery Case Managers who can greatly speed the recovery process.
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Expense reimbursement up to $15,000 for covered expenses arising out of a
defined identity theft event.
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Business Income
Reimburses you for your actual loss of earnings for up to 12 months resulting
from a covered loss to your property. Extra expenses needed to continue your
operations, such as renting temporary office space, are also covered.
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Equipment Breakdown
Covers the cost to repair or replace equipment, such as computers, air
conditioners, phone systems and steam boilers from loss or damage caused by
mechanical breakdown or artificially generated electrical current.
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lexible, Tailor-Made Optional Upgraded Coverage
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Stretch Plus for Law Offices
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Law Library
Provides coverage for direct physical loss of, or damage to, your law library.
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Laptop Computers
Extends property coverage to your laptop, and similar portable computer
equipment and accessories anywhere in the world, including while in transit. *
Not covered if checked as baggage.
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Fine Arts Extended Coverage
This option provides increased protection for fine art displayed in your
office.
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Computers & Media
Provides coverage for your computers, peripheral devices and media. Coverage is
also provided for the costs to research, replace or repair lost or damaged data
and software as a result of covered damage to computer equipment, certain power
failures, or a computer virus. Business Income Coverage also applies to
computer equipment, data and software.
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Accounts Receivable
Protects you if you are unable to collect outstanding balances as a result of
loss or damage to your account records.
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Employee Dishonesty
Covers your business for loss of money or your property resulting from
dishonest acts committed by your employees.
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Valuable Papers and Records
Protects the value of your time, work and research to re-create your customer
records or files if they are damaged or destroyed by a covered loss.
Additional Professional Liability coverages can include:
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Defense Costs
Pays legal expenses for certain liability claims brought against your business
regardless of who’s at fault.
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Medical Expenses
Pays the applicable medical costs if someone injured and needs medical
treatment due to accident on your premises.
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Premises and Operations Liability
Provides coverage for bodily injury and property damage sustained by others at
your premises as a result of your business's operations.
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Coverage for your professional services or those rendered for any qualifying
predecessor firm. A predecessor firm is any law firm in whose financial assets
and liabilities you are the majority successor in interest.
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Coverage for firm attorneys, “of-counsel” and non-attorney employees. Our
expanded definition of who is an insured covers attorneys, those designated as
of counsel and non-attorney employees such as paralegals, legal secretaries,
etc.
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Full prior acts coverage
Subject to underwriting, we will provide prior acts coverage.
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Expanded definition of professional services for acts as title agent,
abstractor, arbitrator and mediator. This important protection extends coverage
to other services provided, including acting as title agent, arbitrator, etc.
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Multiple extended reporting periods available by endorsement. If coverage is
cancelled or nonrenewed, you may not wish to buy prior acts coverage from a new
carrier or may not be continuing coverage. In that case, you may extend the
reporting period:
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1,2,3 and Unlimited years.
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Unlimited years at no cost when insured retires (after 3 years of coverage).
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Unlimited years available for death and disability.
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Worldwide coverage
This coverage applies to claims brought in courts in the United States and
Canada, regardless of where the act occurred.
Quality Coverage and Claim Service in Uncertain Times
Our Professional Liability Claims Department is staffed by skilled attorneys
with prior law firm experience. They are dedicated to our philosophy of
customer service and excellence in claims handling.
Added Value
All business insurance and Professional Liability coverage is not the same. Our
partners have nearly 200 years of experience insuring American businesses. We
know the coverage your law office needs and now we’ve added Professional
Liability and made it easier than ever for your convenience. And you’ll have
the peace of mind knowing that your business insurance and your Professional
Liability coverage are both in the capable hands of Texans Insurance – the small
business insurance specialist.
Other Important Coverages Available
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Innocent Insured Coverage. If only one person performs the dishonest act, we
defend and cover the other insured’s within the firm. The policy excludes
coverage for fraudulent and dishonest acts.
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Flexible deductibles.
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Awareness Provision allows you to report “incidents” that may potentially lead
to a claim. This provision allows you to report an incident that may lead to a
claim and we will deem the claim made at that time and honor the date when you
report the incident to us.
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Commercial Auto Coverage Commercial Auto Coverage can protect you against
financial loss resulting from accidents involving the vehicles you use in your
business. Texans offers valuable enhancements you won’t normally find on other
commercial auto policies, such as excess coverage for hired autos and the
extension of liability coverage to vehicles leased in the name of an employee
on your behalf and at your direction.
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Workers’ Compensation Workers’ Compensation coverage can provide 24-hour,
seven-days-a-week access to our claims reporting facility. In addition, our
state-of-theart managed care and Return-to-Work program will help you get your
employees back on the job as soon as possible.
That’s Not All
To all of this, we’ve added the convenience of flexible premium payment plans,
an electronic funds transfer plan, and 24-hour, toll-free claims reporting. All
business insurance is not the same. At The Hartford, we act on emerging
insurance needs and provide convenient, cost-effective and quality coverage for
your business.
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