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attorney malpractice insurance Illinois

1) What is attorney malpractice insurance? An attorney malpractice insurance policy is insurance that an attorney purchases to financially protect themselves from damages that may arise from any civil wrong or harm that they may have caused to their client, which can include anything from breaching confidentiality to committing fraud. If an attorney is found to have committed malpractice, their insurance policy will cover the costs of any damages that are awarded to the client, up to the policy limit. Many attorney malpractice insurance policies also cover the costs of the attorney's defense, in the event that they are sued for malpractice. While some states require that attorneys carry malpractice insurance, it is not required in all states. However, most attorneys choose to purchase a policy anyway, as it provides them with peace of mind knowing that they are protected financially in the event that they are sued for malpractice. There are a few things to keep in mind when purch