Insurance

Deductibles in Professional Liability Policies for Architects and Engineers There are many deductible options and it will vary based on the insurance company and the size of your firm.  Here…

CONTRACTUAL DEFENSE PROTECTION – A NEW SOLUTION FOR THE OLD “DUTY TO DEFEND” PROBLEM   Per the AIA: A contractual duty to defend is an obligation whereby one party, in…

Supplementary payments included in architects/engineers Professional Liability policy.  Most Professional Liability policies have supplementary payments that are not subject to a deductible and are in addition to the limits of…

Do’s and Don’ts of Professional Liability Claims for Architects and Engineers There are several things to be aware of when reporting a claim or once your firm is going through…

What does my firm’s insurance policy cover? There are many insurance policies in the marketplace and many that are specific to architects and engineers.  Below is a brief description of…

 Understanding Builders Risk Insurance  Builders risk insurance is essential protection for construction projects, but it is complex and often misunderstood. This isn’t surprising. There are no standardized policy forms for…

What is the definition of professional services in Professional Liability policies? This is going vary from carrier to carrier and even policy to policy; most importantly read your policy so…

Indemnity Clauses in Contracts According to Brian K. Stewart, Esq. : Indemnity legal wording for a way to shift the risk for a particular problem that might arise on a construction…

What insurance does my architecture/engineering firm need? There are some insurance policies that will be required by either contract or law and some that your firm needs to consider based…