Attorney’s First Insurance is here to offer E and O insurance for law firms in Alaska.
Any client has the right to sue your law firm if they believe your services caused them financial harm, whether actual or perceived. In such cases, having the right errors and omissions (E&O) insurance policy can protect you and your law firm from financial devastation. At Attorneys First Insurance, we understand that finding reliable E&O insurance can be quite challenging for lawyers operating in Alaska.
We are an independently owned and operated insurance agency with a proven record of helping lawyers find the right insurance protection. We use large, reputable carriers to ensure our clients receive E&O coverage that is broad, flexible, and tailored to their unique needs. We service risks that other insurance companies refuse. When you choose us for your E&O insurance in Alaska, we won’t leave you in the cold!
Errors and Omissions Insurance for Lawyers in Alaska
Errors and omissions (E&O) insurance is a type of professional liability insurance. It is designed to protect you and your law firm from the financial consequences of claims or lawsuits arising from the rendering of or failure to render professional services. Lawyers’ professional liability insurance can help pay for legal expenses when an unsatisfied client claims something you did—or didn’t do—caused them financial loss.
Simply put, E&O insurance is a safety net for your professional mistakes. This makes it an important piece of your business insurance portfolio.
E&O insurance can provide coverage for a variety of risks, including:
- Professional errors and omissions: A client claims you made a mistake or failed to do something you should have done.
- Misrepresentation: When you make a false statement or fail to disclose important information to a client.
- Inaccurate advice: A client claims they suffered financial loss because an attorney or title agent provided incomplete, inaccurate, or misleading information or guidance.
- Missed deadlines: Failure to deliver a service as promised and at a certain time.
- Negligence: A client claims a lawyer owed a duty to the client but breached this duty and caused the client to suffer some financial harm. Negligence is failure to exercise an appropriate level of care with no intent to cause harm.
- Breach of contract: Asserts that the lawyer failed to perform the necessary duties under the terms specified in the contract.
- Undelivered work: The client expected the attorney to complete a greater scope of work than what was delivered.
In responding to a claim or lawsuit filed by your client, E&O insurance coverage can help your law firm pay for:
- Attorney fees
- Court administrative costs
- Expert witness fees
Why Should You Get Errors and Omissions Insurance From Us?
As an independent insurance agency, we have built alliances with a myriad of top-rated insurance companies in the nation. Much like your personal shopper, we review the coverage options, policy terms, and price points to find the very best fit for you and your practice. We then negotiate on your behalf with the insurers and customize your E&O insurance policy to match your needs, goals, and budget.
Our service does not stop once we write your policy. We are here to help you periodically review your professional liability coverage to determine whether your existing policy makes sense based on the current situation of your law firm. We update your coverage as your needs change.
We consider the relationship between you, the insurance carrier, and ourselves as one partnership, with the primary goal of putting your interests first.
If you have any questions about your policy or concerns that need to be addressed, we are here for you! Many insurance providers have switched to automated phone systems that make it frustrating and time-consuming to reach the right person, especially when you need a prompt response.
If you contact Attorneys First Insurance during business hours, we answer! When you sign up for coverage, you’ll be connected with an agent, whom you can call or email with questions or concerns. You don’t have to deal with answering machines or being put on hold for too long. Customer service is of the highest priority for our team.
Our exclusive focus on E&O insurance for attorneys gives us an in-depth understanding of the diverse risks associated with the industry and legal profession. We simplify the process of getting the right protection and explain your options in an easy-to-understand way.
Because of our exclusive focus, we’re able to offer better coverage at a considerably lower price point than other providers. In fact, our clients save between 20% and 40% on their professional liability insurance.
Get a Quote for E and O Insurance in Alaska
Let Attorneys First Insurance provide your valuable investments with unparalleled E&O insurance coverage. Contact us today to schedule a consultation and get a quick quote.