DEDUCTIBLE When does my firm have to pay a deductible on a Professional Liability claim? This will all depend on what type of deductible your design firm has a how much the deductible is. The deductible amount and type are…
Project Exclusions on Professional Liability for Architects/Engineers The question often comes up as to specific project exclusions or inclusions in a Professional Liability policy. The answer is it depends on your policy. Read your policy to understand what projects are…
Professional Liability Coverage for When Your Firm has a Name Change Design firms go through changes through the years, whether it is a change to the corporate structure, name changes or partnership changes. You will need to know how your…
Sub Consultants Under Prime Contract of Architects It is often argued if it is a good idea to have sub consultants under the architecture firm of the project? There are two schools of thought on this and your firm has…
Quality Project Management for Architects and Engineers This is a busy time of year for architects and engineers; every client wants their project designed now so they can get under construction during the summer and fall. It is important to…
Project Policy For Our Architecture/Engineering Firm Can our architecture/engineering firm get a project policy? Project policies are available with a few of the insurance companies. The Professional Liability project policy, that being referred to, will cover the whole design team…
Can my firm increase the limits of liability on our Professional Liability policy? If your firm has a contract requirement for a higher limit or if your firm has increased the amount and types of projects, then you may want…
2019 Risk Management Seminar – Denver Our Denver seminar was yesterday and was a great success! Contracting for projects large and small. Barb Sable from RLI Insurance Company and Benton Barton with Hall & Evans, LLC both presented. The topic…
Policy Premium Increased? Why has my Professional Liability policy premium increased? Architects and engineers often have this question, because who wants to pay more in premium. However, there could be several different reasons for an increase. The Professional Liability insurance…
Additional Premium Due for Your Workers Compensation Policy? Why is my architect/engineering firm getting an additional premium invoice due for the workers compensation policy? There may be several reasons for getting an additional premium due but if it is at…