Insurance

Exhaustion of limits of liability on an architects/engineers professional liability policy- Once the limits of liability, including the aggregate limit of liability, have been exhausted your firm is responsible for…

Hammer clause in a professional liability policies for architects/engineers – First, it is important to understand the definition of a hammer clause. The hammer clause is the insurance companies right…

Claims expenses on professional liability policies for architects/engineers- The claims expenses will vary with each insurance company, here are a few examples of policy language that defines what is and…

Should We Agree to Arbitration in a Contract? Arbitration is the process of using a third party to settle a dispute instead of taking the case to court. Both sides…

How professional liability policy premiums are determined for architects/engineers- There are many factors in determining the premium for professional liability and many of those factors will start with the professional…

First Dollar Deductible Option on Professional Liability for Architects/Engineers The name first dollar may look different with different insurance companies; it may also referred to as damages only or dollar…

Adequate Limits What are adequate limits of liability for my architecture/engineering firm on professional liability? This can be a challenging question because you don’t know if and when your firm…

Insuring Your Watercraft Did you know that not all watercraft are automatically covered under your Home Owners Personal Liability coverage? Protect the life you love, on the water and off. With…