Dispute Resolution
Dispute Resolution It is inevitable that all design professionals will come across a fee dispute during their career. While using a well crafted contract such as the AIA standard form…
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Declarations Pages – What Are They?
Declarations Pages – What Are They? What are declarations pages on a policy for my architecture/engineering firm? These are the first few pages of a policy that state the named…
Read MoreDirectors & Officers Liability Insurance
Directors & Officers (D&O) Liability Insurance The financial assets of your clients’ organizations and the personal assets of the directors & officers can be at risk with every decision they…
Read MoreReport a claim or not?
Report a claim or not? The first question your firm should ask, is this a claim based on the definition of claims in your firms professional liability policy. Here is…
Read MoreUtilizing Pre-Claim Assistance on Your Professional Liabilit…
Pre-claim assistance is included in most commercially available Professional Liability insurance policies. If you believe your firm needs claim prevention assistance, you should: Contact your broker as soon possible to…
Read MoreReporting Claims
Reporting Claims – Architects/Engineers Professional Liability Policy Your firm is responsible for reporting a claim or circumstance to the insurance company as soon as your firm is aware of the…
Read MoreScope of Services
Scope of Services In the design professionals industry, a scope of services sets out precisely what services a design professional will be performing on a particular project. A scope of services may be a particular…
Read MoreProject Endorsement on a Professional Liability Policy for A…
Project Endorsement on a Professional Liability Policy for Architects/Engineers Your firm may receive a request to increase your limits of liability on your professional liability policy for a specific project. …
Read MoreTips to Save Money on Your Professional Liability Policy Pre…
Tips to Save Money on Your Professional Liability Policy Premium There are a lot of ways to save money on your professional liability policy premium. The obvious one is not…
Read MoreHow does my architecture/engineering firm decide on a Profes…
How does my architecture/engineering firm decide on a Professional Liability insurance company? Since the professional liability policy is where your firm’s biggest risk lies, it is important to have a…
Read MoreDifferences Between Professional Liability and General Liabi…
Differences Between Professional Liability and General Liability for Architects and Engineers These policies are different but both necessary in the business of design professionals. Professional liability is for design errors and…
Read MoreUmbrella Insurance Coverage
Umbrella insurance provides additional liability coverage that can help protect assets such as your home, car and boat. It can also help cover defense costs, attorney fees and other charges…
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