Insurance

Certificate of insurance requirements from clients for architects/engineers- Your firm may receive requests for certificates of insurance from your clients.  You may be asking yourself what is acceptable to be…

Did you know that most commercial insurance policies specifically exclude damage caused by a flood? Having a proper Flood Insurance policy in place can offer the piece of mind your…

The extended reporting period is an extended period of time that your firm can report a claim after the policy is not renewed. The professional liability is a claims made…

This is a difficult question to answer because nobody can predict the future.  There are a few guidelines to keep in mind when considering limits of liability. The size of…

For architects/engineers the professional liability policy is likely one of the more expensive insurance purchases.  It is important to know some key factors to be aware of when choosing a…

There are commonly a few choices on professional liability policies with regards to limits and deductibles.  It is important to understand the deductible and how it could affect your firm.…

It’s never too early to start planning for retirement. With so many choices and next steps to consider, let us help ensure you have the best insurance protection in place…

Vertafore: 6 ways ChatGPT is being used in insurance Recent conversations around the use of artificial intelligence (AI) in insurance — and most especially generative AI tools such as ChatGPT…

Increased limits of liability for architects/engineers on professional liability- There has been an uptick in the number of requests for higher limits for design firms on their professional liability policies. …

AIA Document B212-2024, Standard Form of Architect’s Services: Master Planning, is a new scope of services document for master planning. Additionally, the new C205-2024, Standard Form of Consultant’s Services: Regional or Urban Planning,…

There are some suggestions on how to save on insurance premiums for your firm.  Each policy and each insurance company are different but here are some general suggestions. Professional liability…