Dave Beard

Expertly compared by Dave Beard

Products Updated June 4, 2018

Business Insurance For Solicitors

Your role as a solicitor requires you to work closely with your customers while offering them advice and guidance with many different matters. You may be at risk of giving incorrect advice, negligence and even causing injury to your clients. If your clients experience financial losses as a result of your errors you may be liable.

Our insurance experts can compare the market to find you the best deal on business insurance. Get a free quote and advice today:

4 providers expertly compared:

Simply Business

Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Provider
Business Insurance

Products
Professional Indemnity, Public & Employers Liability Cover

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
UK Small business cover

Rated 4.8/ 5

All credit types

Simply Business is a broker that provides a wide range of business insurance cover. They specialise in small businesses and can advise, compare and arrange the right insurance products to ensure you are not only protected by get the best deal on the market.

4 providers expertly compared:

Available via broker only

Zurich

Provider
Zurich Business Insurance

Products
Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
UK Small business cover

Rated 4.6/ 5

All credit types

The right insurance package will give you the peace of mind to successfully grow your business. Zurich have an extensive suite of insurance products tailored to a wide range of small and SME businesses to ensure you have complete protection from all risks.

4 providers expertly compared:

AXA

Provider
AXA Business Insurance

Products
Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
Small business and commercial insurance

Rated 4.7/ 5

All credit types

AXA business insurance can cover you and your business for every eventuality. Apply online today and save an extra 10% on your quote instantly.

4 providers expertly compared:

Hiscox

Provider
Hiscox Business Insurance

Products
Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
Small business and commercial insurance

Rated 4.8/ 5

All credit types

Hiscox commercial business insurance provides a professional level of cover to protect every aspect of your business, from the premises to the people who work for you, and any legal matters that may arise from your day-to-day operations.

Read our customer and visitor reviews for this product:

Rating: 5 / 5 with 1 votes

Recieved quotes as promised.

by Clear Eye Wear Limited

Happy with the process and quotes. Simple to use and back up with a phone call. No pressure to buy, which was reassuring.

About Business Insurance For Solicitors

When your customers come to you they expect a professional service that is faultless and trustworthy. Every customer is different and as you will be working with many different customers at the same time this puts you at risk of claims being made against you. Offering advice and acting professionally is all part of your job but this can sometimes put you in a difficult and exposed position because sometimes errors can be made. These errors can be linked to incorrect advice, negligence and even causing injury to your clients. If your clients experience financial losses as a result of your errors or injury then they will look to recover those losses which means you should consider having business insurance.

Business Insurance For Solicitors

Business Insurance For Solicitors

Choosing to have business insurance is a move in the right direction because it will offer your business the protection it needs. This will mean that the risks that you are exposed to on a daily basis are covered because any claims made against you will be dealt with. You may feel that business insurance is not a requirement because you have never had a claim made against you but this does not mean a claim will never be made. The costs associated with a claim could cripple your business financially if you do not have business insurance in place.

How Does It Work?

Trust, professionalism and confidentiality are just some of the things your clients expect when they choose to use your services. However, omitting simple information or working negligently can cost your clients and this is why you need business insurance.

Professional indemnity insurance is there to protect your business from any claims made against you that are associated with negligence or wrong advice that lead to injury or financial loss. Working to tight deadlines can cause stress and this could lead to you advising a client to make a decision that proves incorrect or you could lose files containing confidential information. Errors such as these would give your clients the right to make a claim in order to recover any losses but with professional indemnity insurance in place all costs will be taken care of.

Working with the public in this way also comes with its risk but this is where public liability insurance is there for your business. As your clients may have to visit your office to discuss important matters they could become injured while on your premises. They could trip over a box of files at the top of a stair case or they could slip on a wet floor after it has been cleaned. This could cause injury and a loss of earnings for your client but it would mean that they would look to recover their losses by making a claim. Public liability insurance is the right cover for your business so you have confidence in the way that you work.

The Features

Business insurance provides these features:

  • Full cover against all claims regardless of size or outcome
  • Claims are thoroughly evaluated before any payments are released
  • Your business will benefit from full protection
  • Defence costs and compensation costs are included
  • Business needs are considered to ensure you have the right cover
  • Court attendance costs form part of the cover
  • Insurance to cover all budgets

What Are the Benefits?

There are a wide range of benefits with this cover:

  • Meet all legal expectations and industry regulations
  • Spend more time working on your business
  • Financial protection from all claims
  • Representations and advice is there for you
  • Have confidence in your work and re-assurance that you are protected

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