Solicitor Insurance and Company Insurance from Commercial Risks
Solicitors play a part in all areas of life
You may at some point in your life require the help and service from a solicitor whether its because you are buying a house, writing your will, involved in an accident, or getting a divorce. So how do you know which solicitor to choose?
How can I choose my solicitor?
Most solicitors specialize in certain areas such as Family and Matrimonial, Litigation and Housing or maybe Conveyancing and Commercial, be sure to choose a solicitor who specializes in the area where you are needing the help.
All private solicitors must hold a practicing certificate issued by the Solicitors Regulation Authority, this sets the rules that all solicitors must abide by and guarantees you that they are qualified to be a solicitor.
What sort of insurance should I check my solicitor has?
There are different types of solicitors insurance available but you must make sure that your solicitor has at least some form of solicitor insurance as this protects them if anything goes wrong while providing you a service.
A common form of insurance is solicitor professional indemnity insurance which covers the solicitor defense costs and any damages caused from a dissatisfied customer claiming against them.
What does solicitor professional indemnity insurance include?
Most solicitor professional indemnity insurance protects the solicitor from:
• Negligence and breach of a duty of care
• Negligent misstatement or misrepresentation
• Infringement of intellectual property rights
• Intentional dishonesty of your partners, directors, employees or self employed freelancers
It is essential to check your solicitor has the right insurance before you commit to any contract and be sure you are happy with your solicitor and the firm.
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