Legal-Ease: Insurance’s hidden value

Lee R. Schroeder is an Ohio licensed attorney at Schroeder Law LLC in Putnam County. He limits his practice to business, real estate, estate planning and agriculture issues in northwest Ohio. He can be reached at or at 419-659-2058. This article is not intended to serve as legal advice, and specific advice should be sought from the licensed attorney of your choice based upon the specific facts and circumstances that you face.

Minimizing risk is typically a goal of the type of law that Lee practices. Sometimes insurance policies can’t provide what legal tools can provide, and other times legal tools can’t provide the value that insurance can bring to people, businesses and farmers.

While sometimes successful people just seem to be lucky, often it’s a matter of smart planning and research that leads to success. Lee helps his clients analyze their liability insurance and to decide what additional legal tools are necessary and whether the client is appropriately insured or over-insured.

In representing people and businesses in the type of law that I most frequently practice, minimizing risk is usually a key goal. Minimizing risk usually includes some combination of traditional insurance (life, liability, long-term-care, health, disability and other types) and legal tools.

In some instances, even massive and comprehensive insurance policies cannot provide what limited liability companies and other legal tools can provide. Similarly, there is certain value that insurance brings to people, businesses and farmers that legal tools cannot provide.

Read more about insurance and its hidden value for businesses in Lee’s article in the Lima News here: Legal-Ease: Insurance’s hidden value

Source:, “Legal-Ease: Insurance’s hidden value,” by Lee R. Schroeder, August 19, 2017

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