Professional Liability Insurance for Legal Services in Toronto
Toronto legal professionals face significant liability risks. E&O insurance helps protect your practice from claims tied to legal advice, missed deadlines, or client dissatisfaction.
Errors and omissions insurance for legal professionals and law firms in Toronto
If you’re a Toronto law firm, legal professional, attorney or paralegal, you may find yourself accused of malpractice or negligence and legal action may be taken against you. Most Toronto law firms have commercial general liability insurance (also known as CGL Insurance). Unfortunately, this typically only covers third-party property damage or bodily injury, not financial damages resulting from your legal services or advice.
Fortunately, EasyCover offers Toronto law firm professional liability insurance (also known as errors and omissions insurance). This unique form of insurance coverage protects you in the event that a client sues you for negligence and can help cover the costs of any legal proceedings. It’s the perfect way for Torontonians working in the legal industry to protect their professional reputations.
Interested in purchasing your professional liability online in minutes?
Acera Insurance offers EasyCover where you can get a quote, bind your policy and pay online in only a few short minutes. Get comprehensive coverage and affordable rates quickly and easily.
Here are some of the benefits of EasyCover:
- Get free online quotes 24/7
- No long, confusing applications to fill out
- Purchase and manage your policy online
- Support by phone, email or chat
- Option to bundle with other coverages
Why should legal service providers in Toronto have professional liability insurance?
If you make a living offering legal advice or services, you need professional liability insurance to properly protect you in the event a client alleges that your work caused them financial hardship. For example, your client could sue to recover monetary damages resulting from:
- misrepresentation;
- disparagement of character;
- professional mistakes; and more.
Given your profession, you are undoubtedly aware that defence fees can certainly add up. Without coverage, you will have to pay for any of your legal expenses out of pocket. Fortunately, professional liability insurance can help legal service providers in Toronto cover the following expenses:
- defence fees
- lost wages due to attending court
- settlements
- judgement awards
Toronto legal professionals insured through EasyCover
We have experience supporting the following legal professions:
- General legal support
- Legal secretaries
- Legal skills trainers
- Paralegals
- Professional support (PSL)
If your legal services occupation isn’t listed above, feel free to contact us.
Professional liability insurance claims examples for legal professionals
Here are some scenarios where Toronto legal professionals would benefit from having a professional liability insurance policy.
Failure to file in time
As an attorney, you fail to file a suit in time and it passes the statute of limitations. Due to the negative implications for your client, they sue you for malpractice
Breach of fiduciary duty
As a fiduciary representative, you fail to fulfill all of your duties for the client. They accuse you of malpractice
Accusation of misrepresentation
Following the conclusion of a case, the client argues you failed to address their needs and accuses you of misrepresentation. Toronto law firm professional liability Insurance can cover you in these circumstances
Why should legal professionals in Toronto choose EasyCover by Acera Insurance?
Legal service professionals in the Greater Toronto Area should strongly consider obtaining their professional liability insurance through EasyCover because we offer multiple advantages, such as:
- Comprehensive coverage.
- Competitive premiums.
- Quick and convenient quotes.
- Ability purchase your policy online.
- Option to speak with an educated advisor.
If you want a straightforward, convenient insurance experience, we can help. We’re online and available 24/7. Get a quote in minutes and purchase your professional liability insurance quickly and easily.
Ready to get your free professional liability insurance quote?
Simple answer a few questions to immediately receive a quote, bind your policy and pay online in only a few short minutes.