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Law Firm Insurance Massachusetts

LAW FIRM INSURANCE FROM MASSACHUSETTS SPECIALISTS

Law firm insurance is specialized commercial insurance for legal practices. Policies usually combine robust legal malpractice coverage with other important coverages.
An insurance agent who specializes in law firm policies can help firms, nonprofits, businesses and governments find a policy that’s right for them.
Legal Malpractice Coverage
Accounts Receivable Coverage 
Valuable Papers and Records Coverage

What is law firm insurance?

Lawyers are well aware of the liability risks that professionals face, and these are in addition to any common risks that virtually all businesses face. Law firm insurance can play an important role in helping Massachusetts firms financially protect themselves against many of the risks they face.

Law firm insurance is specialized commercial insurance for legal practices. Policies usually combine robust legal malpractice coverage with other important coverages

START THE COVERSATION!

What Massachusetts firms need lawyer liability insurance?

Most legal practices and clinics in Massachusetts should consider a law firm policy that includes lawyer liability insurance. This includes attorneys, law firms, legal clinics and in-house counsels. 

Policies are available for attorneys, barristers, counselors at law, private lawyers, corporate lawyers, pro bono attorneys, and others. Law offices, legal aid services, patent solicitors’ offices, criminal law offices, estate law offices, family law offices, real estate law offices, tax law offices, and almost all other law offices might purchase a policy.

An insurance agent who specializes in law firm policies can help firms, nonprofits, businesses and governments find a policy that’s right for them.

Get a Free Quote!

 

We Let Our Client's Do The Talking

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BARRIE KRAMER

Sharon Labay is by far the best insurance expert with a kindness that goes way beyond the business relationship. I have known her since 2000 and our phone conversations always end with me smiling and glad to have talked with her!

 

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MELISSA LANDRY

I can't say enough about Sharon..she is currently working on my auto insurance to make sure I am not over paying. Her professionalism and quick response it great. Her knowledge on the insurance is vast so I feel very confident in my decision. I am so happy I was referred to Sharon.

 

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DEBORA HILLIER

The folks at Feingold Insurance provided us with a competitive quote and it was tailored for our needs. We very much appreciate their prompt service as well. They return phone calls! That is something that everyone can appreciate for sure.

 

Law Firm Insurance Massachusetts

What coverages are included within law firm policies?

Law firm policies typically include multiple protections that complement one another. These include both lawyer liability insurance coverages, and other coverages that many businesses need.

Some of the coverages that cover more particular risks common to legal firms include lawyer liability insurance and others:

  • Legal Malpractice Coverage, which might cover errant advice and other errors lawyers, paralegals or legal secretaries make
  • Accounts Receivable Coverage, which might cover data loss of accounts receivable that results in an inability to charge clients
  • Valuable Papers and Records Coverage, which might cover critical records and legal documents if they’re lost or destroyed
  • Cyber Liability Coverage, which may cover hacking attempts, ransomware and accidental data breaches
  • Directors and Officers Coverage which may cover managing and/or senior partners if their decisions harm a firm

Some of the more general coverages that many businesses, including law firms, should consider are:

  • General Liability Coverage, which might cover common accidents occurring in a firm’s offices or elsewhere
  • Commercial Property Coverage, which might cover firm-owned buildings, furnishings and equipment
  • Tenants Betterment Coverage, which might cover firm-made improvements to leased office space
  • Business Income Coverage, which might cover prolonged periods of down revenue that follow certain disasters
  • Non-Owned Auto Coverage, which might cover accidents attorneys are in while driving their own cars to/from client locations and court
  • Employment Practices Liability Coverage, which might cover discrimination and some other claims made by employees

A knowledgeable insurance agent can explain these coverages in more detail, and review other coverages that are available.

TALK TO A BUSINESS SPECIALIST!

How much does insuring a law firm cost?

The insurance rates that law firms pay vary dramatically. Firm location, size and services offered are just a few of the factors that can impact the cost. So too can past claims, office size, number of employees and numerous other details.

For an accurate understanding of how much insurance will cost them, firms should speak with an independent insurance agent. Independent agents aren’t connected to any single insurance company, and therefore can help firms compare policy options from different companies.

Law Firm Insurance Massachusetts

How can firms and clinics in Massachusetts get law firm insurance?

For help procuring law firm insurance, contact the independent insurance agents of The Feingold Companies. Our Massachusetts agents have worked with many attorneys, and have the expertise necessary to help you accurately compare policies. With our assistance, you can be confident that the policy you ultimately select will protect yourself and your firm/clinic well.

Get a Free Quote!
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Drop Us A Line!

The Feingold Companies
Worcester Office 
446 Main Street, Suite 1403
Worcester, MA 01608
Phone: (508) 831-9500
Fax: (508) 797-4030

New Lakeside & Dudley Insurance
446 Main Street, Suite 1403, Worcester, MA 01608
Phone: (508) 943-0090
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This material is for informational purposes only. All statements herein are subject to the provision, exclusions and conditions of the applicable policy. For an actual description of all coverages, terms and conditions, refer to the insurance policy. The Feingold Companies is a full-service organization in which offers insurance and employee benefit services through affiliated companies. All individuals listed are affiliated with The Feingold Companies and offer insurance and employee benefit services through Feingold Insurance Agency, Feingold Financial Management and Feingold Employee Benefit Services.  Saul Feingold, David Dimenstein, Jed Brandes, Elisa Lindley, & Utkristaa Shrestha offer securities through Cambridge Investment Research, Inc., a broker dealer member FINRA/SIPC . Advisory services through Cambridge Investment Research Advisors, Inc. a Registered Investment Adviser. The Feingold Companies are not affiliated with Cambridge Investment Research, Inc. Please be advised that the above referenced New Lakeside and Dudley Insurance Agency only offers insurance related products and services. This office does not contain individuals who are licensed or registered to sale or promote securities related products. If you are interested in receiving securities related products and services please visit or contact our Worcester Office location only. This communication is strictly intended for individuals residing in the states of AZ, CA, CO, CT, DC, FL, GA, IA, IL, MA, ME, MI, MN, NC, NH, NJ, NM, NV, NY, OH, PA, RI, SC, TN, TX, VA. No offers may be made or accepted from any resident outside the specific state(s) referenced. Copyright 2021. All Rights Reserved
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