No matter how much training, experience, or expertise a person has, mistakes happen. In today’s litigious society, lawsuits are frequently used to settle professional-related disputes. As a title agent or attorney, you cannot afford to leave yourself open to lawsuits arising from human error.
You need comprehensive E&O insurance in Anchorage to protect you from possible financial ruin. At Attorneys First Insurance, we focus on protecting attorneys and title agents from liability risk so they can rest easy knowing they are well covered against losses—now and into the future. We work very closely with our clients to customize E&O insurance policies. We want to be a valued partner who works hard to help you achieve your goals and protect your bottom line.
Protect Yourself in Anchorage with E&O Insurance
Errors and omissions (E&O) insurance is a type of professional liability policy that protects businesses against claims derived from professional mistakes (errors) or failure to perform a service (omissions). E&O insurance covers professionals when their services lead to financial losses for clients.
As an attorney or title agent, you are expected to provide professional services according to certain standards of conduct and best practices for your industry. If a client believes that you made an oversight or mistake with your services, they could claim that you failed to use the degree of skill expected of you and sue your company for economic damages.
In addition to errors and omissions in work, a client could sue your law firm or title company for a number of reasons, including:
- Negligence
- Misrepresentation
- Inaccurate or false advice
- Violation of good faith and fair dealing
- Breach of contract
- Unfulfilled promises
Professional liability insurance does not cover bodily injury, property damage, employee claims, illegal acts, or intentional wrongdoing.
The cost of defending an errors and omissions claim, whether actual or alleged, could be so high that it could easily bankrupt a small business or leave a lasting effect on the bottom line of a larger organization. Errors and omissions insurance is the primary line of defense for protecting business assets should a claim arise.
Errors and omissions insurance in Anchorage can cover legal defense costs and pay for the damages rendered in a settlement or judgment up to the policy limits. E&O insurance can cushion your business and allow you to stay cash flow positive even after dealing with a lawsuit.
Why Choose Attorneys First Insurance for Your Anchorage E&O Insurance?
We are the experts when it comes to insuring law firms and title agencies in Anchorage.
Customized Policies
We understand that no two companies are alike. We have the experience, expertise, and access to top business insurance carriers to ensure your E&O insurance coverage is customized to your specific needs and exposures. As your business and insurance needs change, we can review your policy to prevent disastrous coverage gaps or costly coverage duplication.
At Attorneys First Insurance, you’ll find a partner who works tirelessly to ensure you have exceptional protection.
Guaranteed Savings
As an independent insurance agency, we are not tied to the rates of a single national insurance carrier. We do the shopping for our clients, comparing prices and coverage details from several insurance companies. This allows us to get you the right coverage at the lowest price possible. When you choose us over other providers, you’ll save 20% to 40% on your E&O insurance.
Personal Service
At Attorney’s First Insurance, our core values and principles of honesty, integrity, collaboration, and reliability allow us to provide our clients with high-quality professional liability insurance and an unrivaled level of superior customer service. We put our clients first and are committed to being there when you need us to provide claim assistance, address your concerns, or modify coverage.
Get a Quote for E&O Insurance in Anchorage
Contact us to request a quick quote and learn more about our errors and omissions insurance policies. Safeguard the future of your Anchorage law firm or title agency.