Skip to main content

I carry malpractice and/or liability insurance. Is that enough to protect my assets?

Posted by attorney Barry Haimo

Malpractice insurance is the first line of defense with respect to liabilities deriving from you providing professional services. However, there is a limit to the coverage you can enjoy, and often insurance companies find ways to avoid paying. Since insurance coverage is limited to the purpose for which it is obtained (such as professional malpractice), and creditors can still attack your personal assets, it's important to engage in asset protection planning with an attorney that focuses exclusively on that area.

Additional resources provided by the author

We are diligent and dependable, compassionate and personable and innovative and professional. Offering Strategic Planning With Purpose, Haimo Law ( helps you protect your family and your business's interests for the immediate and long-term future. Together, we can take advantage of incredible tools and techniques that are available to you right now. Call us for wills, trusts, probate, asset protection and business planning. Haimo Law offers premium legal representation at an affordable price. We are reliable, approachable, honest and attentive. Helping your family and business is our priority.

Author of this guide:

Was this guide helpful?