Certificates of Insurance for Architects/Engineers Many times the requests for certificates of insurance are not geared towards architects/engineers, they tend to look like a request for a contractor. Keep in mind that some of the requests for design firms are…
Higher Limits for your Professional Liability Policy Requests for higher limits for your architecture/engineering Professional Liability policy- It happens quite often that your firm will be asked to increase your Professional Liability limit of liability on your policy. Here are…
How does my architects/engineers Professional Liability work as I prepare to retire? This will depend on if you work at a firm, a principal of a firm or if you have your own firm. Additionally, it will depend on the…
Professional Liability Insurance What does your architecture/engineering firms Professional Liability insurance company provide? Your firm may ask why you are paying for this insurance and what does the insurance company have to offer. The short answer is the insurance company…
Policy Premium How is the Professional Liability policy premium determined for architects/engineers? The actual premium and how the premium is determined will vary with each insurance company based on the actuaries of the company. The insurance companies do take into…
Claims Reporting for Architects/Engineers When it comes to claims reporting the most important factor is to report it to your insurance company or agent as soon as possible and provide all of the information your firm has at the time…
Certificate of insurance requests for architects/engineers- Your firm will receive certificate of insurance requests from your clients on projects. Here are some of the more common requests that are seen on certificates of insurance. Additional insured The most common request…
Important details to remember about Professional Liability policies for architects/engineers- While Professional Liability policies are not lengthy they have quite a bit of information included. Below are a list of items to keep in mind when reading your Professional Liability…
Understanding Monopolistic States for Workers Compensation for Architects/Engineers There are four states in the United States that prohibit the sale of workers compensation by private insurers. This means these states have a state run workers compensation policy. The states that…
Professional Liability vs. General Liability for Architects and Engineers For design professionals each of these policies are important and provide different coverages for your firm. Coverage The Professional Liability policy is for design errors and omissions. In the event your…