Is Asset Protection Insurance the same as malpractice or professional errors & omissions insurance?
No, malpractice policies generally cover only the first $1,000,000 of a catastrophic claim. Asset Protection Insurance is designed to protect personal assets when rendered legal judgment exceeds existing insurance limits.
Does your homeowners insurance coverage address all of your needs when it comes to protecting your personal assets?
Most homeowners insurance policies do not provide sufficient coverage for protecting all of your assets. A standard homeowners policy generally only provides financial protection when your home or property is damaged. Prime Insurance Company offers a custom plan to cover any exclusions in your policy.
