Step-rate is a pricing structure where the cost of professional liability insurance increases incrementally during the first five years of coverage.| blog.protexurelawyers.com
A claims-made policy provides coverage when a claim is made regardless of when the act occurred, as long as the claim is reported during the policy period.| blog.protexurelawyers.com
When selecting professional liability insurance for your firm there are a number of limit and deductible options out there and all come with an added cost.| blog.protexurelawyers.com
Every lawyer can save on legal malpractice insurance by implementing a central docket system, conflict of interest procedures, engagement letters, and disengagement letters. Each of these strategies make your firm less of a “risk” to insure, therefore, saving you money on your policy.| blog.protexurelawyers.com