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…
Pre-Claim Assistance on Professional Liability for Architects/Engineers What is pre-claims assistance and why should my firm use it? Pre-claim assistance is a program that most Professional Liability insurance companies provide. The insurance company will pay for reasonable fees, costs and…
Hired and Non-owned Automobile Liability for Architects/Engineers Also referred to as HNOA, this coverage can be found in your business owner policy or package policy. Hired auto means any auto you lease, hire, borrow or rent. Non-owned auto refers to…
Named Insured vs. Additional Insured on an Architects/Engineers General Liability Policy What is the difference between being a named insured and an additional insured? There are several differences when it comes to the General Liability policy. First named insured has…
Contracts for Architects and Engineers Contracts are a vital prior to the start to a project and the strength of that contract is equally as important. While most attorney’s and insurance companies say it is better to have something in…
Read Your Professional Liability Policy With so much going on in our daily work lives it seems challenging to have the time to set aside to read your policy. However, it is extremely important to understand the policy so that…
Reporting Claims for Architecture and Engineering Firms What is the process of reporting a claim for your firm? First and foremost, when reporting a claim, is to report it as soon as possible, this goes for any type of claim…
What is the purpose of a certificate of insurance for my architecture/engineering firm? A certificate of insurance is for informational purposes, similar to your auto ID cards. It is helpful information for your firm’s clients. It provides information for about…
What should my sub consultants have for insurance on a project? The general answer to the question is that your sub consultants should carry the same limits of liability and policies that your architecture/engineering firm is required to carry on…