Understanding the Limits of Liability
Understanding the Limits of Liability in Your Architecture/Engineering Firms Professional Liability Policy It is important to know the ins and outs of the limits of liability in your policy to…
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What to do Before a Flood
What to do Before a Flood Floods can happen anywhere and just one inch of floodwater can cause up to $25,000 in damage. The best way to protect your home and…
Read MoreClient Wants to be a Certificate Holder for your Policies?
Client Wants to be a Certificate Holder for your Policies? What does that mean? A certificate holder is provided evidence of insurance, similar to an auto ID card. The certificate…
Read MoreInsured Status Under the Contractor’s CGL Policy
Insured Status Under the Contractor’s Commercial General Liability Policy The issue of requiring protection for design firms by having them named as additional insured’s on the general liability policies of…
Read MoreHow to reduce your Professional Liability premium
How to Reduce Your Professional Liability Premium Professional Liability premiums are higher premium, compared to general liability, for architects/engineers because it is an areas of higher risk. There are ways…
Read MoreDuty to Defend and Indemnification
Duty to Defend and Indemnification According to the American Bar Association (HERE), defense and indemnity clauses are routine devices used in construction contracts to shift responsibility for potential risks…
Read MorePolicy Changes That Can Be Made to a Professional Liability…
Policy changes that can be made to a Professional Liability policy for architects/engineers- There are some areas of the policy that can be changed, while other areas of the policy…
Read MoreArchitects Insurance
Architects Insurance Why Architect Firms Need Business Insurance As an architect, you conceive and design buildings according to your clients’ visions. You also work with contractors to construct projects. Working…
Read MoreDeductible types in a Professional Liability policy for arch…
Deductible types in a Professional Liability policy for architects/engineers- There are several deductible types on a Professional Liability policy in the market place. The most common deductible types are a…
Read MoreDefinition of Professional Services in a Professional Liabil…
Definition of Professional Services in a professional liability policy- The definition of professional services in your professional liability policy is very important. If your firm provides services outside of the…
Read MoreWhat are loss runs on Professional Liability for architects/…
Loss Runs What are loss runs on Professional Liability for architects/engineers? The loss runs are a claims history report on your firm’s Professional Liability policy. It provides details of claims…
Read MoreThe Engineer’s Need for a Written Contract
The Engineer’s Need for a Written Contract It is truly surprising to see how often professional engineers perform services for clients without the most important document of the entire endeavor:…
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