Definitions in a Professional Liability policy for Design Professionals It may be a part of the policy that you don’t pay much attention to but it is as important as…
Revised A201 Family of AIA Contract Documents Released As part of its 10 years revision cycle, the American Institute of Architects (AIA) released in April their revised A201 Family of…
FAQ on Professional Liability for Architects and Engineers There are many questions that come up when discussing Professional Liability. The list below addresses some of those FAQ. How does Professional…
Insurance Changes Insurance section description is more detailed, separate attachment for insurance and bond exhibit, insurance is required by Architect for a minimum of one year following Substantial Completion (2.5);…
What insurance company should my design firm bind Professional Liability coverage with? With so many insurance companies in the marketplace this can be a difficult decision. There are some factors…
Determining business personal property amount on a Business Owner policy for Design Professionals. There is not an exact science to how to determine the limits of business personal property on…
Jewelry Putting an insurance policy on your engagement ring may sound unromantic, but nothing’s sweeter than peace of mind. Many Homeowners or Renters policies will include a limited value for…
Limits of Liability Limits of liability on Professional Liability for architects and engineers. There are always questions with regards to limits of liability on Professional Liability policy. Here are a…
Project Policy Is there a project policy available for one specific project? We often get this question with regards to Professional Liability for Design Professionals. Is it possible to get…
Auto Liability and Your Employees Guard against personal use loss A LOSS LESSON The incident A contractor allowed an employee to operate their commercial vehicles (pick up trucks) while on…
Deductible Options What are deductible options on Professional Liability policies for Design Professionals? There are different deductible options with insurance companies. They each have slightly different wording of first dollar…
FLOOD INSURANCE Business Property Insurance doesn’t cover it, homeowners insurance doesn’t cover it, renters insurance doesn’t cover it. It’s the time of year where flood insurance could be very important to…