Helps protect the property a law firm owns and leases, including computers, electronic equipment, furniture, and even fine art. Law practices can tailor their coverage from The Hartford to fit the specific needs of their law practice:
- Many law firms have in-house libraries containing books and publications susceptible to fire, water or smoke damage. Business Personal Property provides coverage for law libraries and valuable papers.
- When employees travel for work, lost or stolen business property including laptops may be covered.
- Most law firms can work out of any office locale but the costs to equip the firm at a new or temporary location can add up quickly, as can the cost to research, replace or restore lost information on damaged valuable papers and records. Extra Expense coverage helps protect law firms from these costs.
- The Hartford makes it easy for law firms to calculate their business income loss based on billable hours. This limits coverage to income that is irretrievably lost for services that could not be performed during the period of restoration rather than revenues, possibly earned prior to the loss, that were not received during this period.