Limitation of Liability Clause
Benefits of a Limitation of Liability Clause A limitation of liability clause (sometimes referred to simply as a liability clause) is the section in a contracted agreement that…
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Business Owner Policy Breakdown
The Parts of the Business Owner Policy for Architects/Engineers There are several sections of a Business Owner policy, all of which your firm should be familiar with. Declarations pages –…
Read MoreInsurance, Active Shooters & Workplace Violence
Insurance, Active Shooters & Workplace Violence We know that no one really wants to read any more about active shooters especially how it may affect their insurance. However, Insurance and risk…
Read MoreSome Project Types are Higher Risks
Why are some project types higher risks than others for design professionals? There are project types that are considered a better risk than other types of projects, here are some…
Read MoreHow to Prevent Your Pipes From Freezing
How to Prevent Your Pipes From Freezing Subzero temperatures can cause even interior pipes to freeze. When temperatures plummet, the risk of your pipes freezing and bursting skyrockets. In fact, burst…
Read MoreDefinition of a Claim and When to Report It
Definition of a Claim and When to Report it to Your Design Firms Professional Liability Insurance Company Claims, generally speaking, are a demand for money or service. A demand doesn’t…
Read MoreWhat is Employee Benefits Liability? Why Do I Need It?
What is Employee Benefits Liability? Why Do I Need It? Employee Benefits Liability Coverage provides errors and omissions coverage for the administration of employee benefits programs of an insured. This…
Read MoreEstimated Premium Based on a New Project?
Can my architecture/engineering firm get an estimated premium on Professional Liability based on a new project? This question comes up quite often to determine if a. it is worth it…
Read MoreChoosing an A/E Professional Liability Policy
As an architect/engineer how does my firm choose a Professional Liability policy? This is a very good question and the answer isn’t always premium. What your firm should think about…
Read MoreCyber Insurance Myths Putting your Business at Risk!
Cyber Insurance Myths Putting your Business at Risk! Lack of education, emerging risks, and inconsistent policy language sow confusion in the cyber market. Two CNA experts debunk common but dangerous…
Read More6 Home Renovations that Can Affect Your Insurance
Home Renovations If you’re planning a home renovation, you may want to call your insurance agent first because this decision can impact your homeowners insurance. Some home renovations will change…
Read MoreArchitects/Engineers Professional Liability By the Numbers
Architects/Engineers Professional Liability By the Numbers Some interesting facts and statistics for design professionals- One – The most common policy term among architects/engineers for Professional Liability is one year. Some…
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