As a lawyer, you need to work with Texas Classic Insurance to get the insurance that keeps your Granbury, TX operation safe. For example, it’s a smart idea to get umbrella policies that can protect you against serious loss if you get into a lawsuit. Here’s what you need to know about this situation.
Lawyers Work a High-Liability Job
Your commercial insurance should have a liability policy that protects you from various issues. For a lawyer, that typically amounts to lawsuits brought by clients who feel they weren’t properly represented. Most policies pay up to a reasonable amount of your legal fees and expenses.
What happens, though, if you lose a lawsuit against yourself and your liability runs out? Well, that’s a situation you just don’t want to be in as a high-quality lawyer. Thankfully, an umbrella policy can cover the rest of your payments and ensure that you don’t get caught with a huge bill.
Why Umbrella Insurance is Smart
Umbrella insurance is an extra type of liability coverage that provides you with extra payment if your general policy gets maxed out. As you can imagine, that’s a major benefit for lawyers who might run into serious problems if they get sued due to losing a case or other issues.
For example, let’s say you get sued for losing a case for a value well beyond what your liability covers. Without umbrella insurance, you’d pay the difference out of your pocket. However, umbrella insurance will pay the leftover liability (to a specific point) and ensure that you don’t pay yourself.
Contact Us Today
At Texas Classic Insurance, our team can provide Granbury, TX lawyers with the umbrella insurance that they need to stay safe. Please don’t hesitate to contact us if you’re interested in this policy type, and we’ll do what we can to ensure that you get paired with a great option
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