Hello all,
I am an early career psychologist and now needing to purchase my own liability insurance for the first time. Does anyone know of any resources on what typical claims figures look like?
I’m trying to decide what coverage levels would be most appropriate. I know 1,000,000/3,000,000 is pretty standard but I'd love to know what actual claims typically run.
I'm in CA and most things are more expensive there so I would hate to not have enough coverage if I need it. But, I also don't want to over-insure (i.e., over-pay) but I sure don't want to under-insure either!
Thanks!
I am an early career psychologist and now needing to purchase my own liability insurance for the first time. Does anyone know of any resources on what typical claims figures look like?
I’m trying to decide what coverage levels would be most appropriate. I know 1,000,000/3,000,000 is pretty standard but I'd love to know what actual claims typically run.
I'm in CA and most things are more expensive there so I would hate to not have enough coverage if I need it. But, I also don't want to over-insure (i.e., over-pay) but I sure don't want to under-insure either!
Thanks!