Why Counselors Need Liability Insurance

It is important that you find the right kind of liability insurance for counselors in order to protect your practice.  No one is immune from a liability lawsuit no matter how careful or professional your services.  Whether or not you are at fault for a claim of negligence, you will still have to pay legal defense fees even if there are no damages awarded.  If you do not have insurance, you can find that even these fees can put a huge dent in your practice’s profits and can bleed into your personal assets.

Professional liability insurance works for counselors in the same way it does for all kinds of professionals.  As a counselor, you are dependent upon your reputation in order to draw in clients and retain them.  You need liability insurance to protect your name against slander and libel because accusations can prevent you from drawing in new clients and make you lose existing ones.  This is why it is just as important to have professional liability insurance just as it is to have general liability or commercial property Liability Insurance for Counselors to protect physical assets.

As you look into Liability Insurance for Counselors, you will need to consider how much coverage you need and where you need to be covered.  For instance, if you work with patients off site including their homes, you want to make sure your policy will cover you in this venue.  With mobile technology making it possible to work from anywhere, you want to have coverage that can protect you anywhere in the world, but you may want to pay close attention as to how you are covered if you work with clients who are not local.

When you look for coverage, you may want to keep in mind that your policy will only cover you up to a certain extent.  In some professions, you may find coverage that protects professionals in the millions of dollars.  However, you may find that you only need a few thousand in coverage.  In addition, you should keep in mind that your policy will not cover any claims that occurred before you obtained the policy and does not cover punitive damages or cases of fraud.

There are many choices you have to make when you need to get liability insurance for counselors.  However, there are many companies that work specifically with this kind of liability insurance, so you are most likely to get the type of products you need here.  You can search for these companies on your own and go through a plethora of quotes, or you can get some expert help from a broker or agent.  In either case, you must be prepared to undergo the process of finding the right coverage.





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