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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…