Deductibles on Policies for Architects/Engineers
Deductibles on Policies for Architects/Engineers The deductibles will vary based on the type of policy for your design firm. It is important to know and understand your deductible on each…
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Hired Auto Liability Insurance – When do you need it?
Hired Auto Liability Coverage Hired Auto coverage provides Liability insurance for vehicles you lease, hire, rent, or borrow to use in connection with your business. Hired auto liability coverage example You’ve…
Read MoreWhat is covered and not covered under an umbrella policy for…
Umbrella Policy What is covered and not covered under an umbrella policy for architects/engineers? An umbrella policy provides additional coverage or excess limits for your design firm. What is covered…
Read MoreFiduciary Liability Coverage
Fiduciary Liability Coverage Why you and your organization need protection – If your company sponsors a retirement or health plan for its employees and you are involved in any way…
Read MoreWhat to do in the event of a claim or circumstance?
What does my architecture/engineering firm need to do in the event of a claim or circumstance? First and foremost your firm needs to report the claim or circumstance immediately to…
Read MoreUnderstanding Workers Compensation for Architects/Engineers…
Understanding Workers Compensation for Architects/Engineers Firms The workers compensation policy can be complicated but once you understand how it works it can become easier to comprehend. There are six standard…
Read MoreHow to Get Paid Promptly… and Not Get Sued
How to Get Paid Promptly… and Not Get Sued by Barry Temkin and Kate DiGeronimo Every design professional likes to get paid promptly. While it is not the only reason…
Read MoreWhat Coverage Can Be Added To A Business Owner Policy?
What are some of the coverages that can be added on to an architects/engineers business owner policy? There are many types of coverages that are automatically included in a business…
Read MoreDefinition of a Claim in an A/E Professional Liability Polic…
Definition of a Claim in an Architects/Engineers Professional Liability Policy The definition of a claim is important because your firm will want to know when/if you should be reporting a…
Read MoreDirectors & Officers Insurance – Why?
Directors & Officers Insurance – Why? Your organization’s assets and the personal assets of its directors and officers are at risk with every decision you make, every day. Directors and…
Read MoreDesign Professionals Errors and Omissions (Professional Liab…
What to Know About the Design Professionals Errors and Omissions (Professional Liability) Policy While the policy is not complicated to read, there are some areas to be aware of when…
Read MoreElectronic Transfer of Documents
Electronic Transfer of Documents By, Powell, Trachtman, Logan, Carrle & Lombardo, P.C.* I. What’s at stake? Clients, contractors and subconsultants frequently request that your work product be supplied in an…
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