CLAIMS-MADE vs. OCCURRENCE
CLAIMS-MADE vs. OCCURRENCE Most liability policies are written on an “occurrence” policy form. Occurrence policies need only to be in effect on the date that an accident causing damage occurs…
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Does my insurance carrier cover a pot shop design exposure?
Does my insurance carrier cover a pot shop design exposure? With Colorado and Oregon passing the law to allow for recreational pot shops this question has come up more frequently. …
Read MoreWhat is a mediation credit on a Professional Liability polic…
What is a mediation credit on a Professional Liability policy? Some insurance carriers offer a reduction on the deductible if your Design Professional firm resolves a claim with the use…
Read MoreWhat are supplementary payments in a Design Professionals Pr…
What are supplementary payments in a Design Professional’s Professional Liability policy in the event of a claim? Just as it states, Professional Liability policies do have supplementary payments available in…
Read MoreDrone Insurance
Have you thought about, or already began, using drones in your day to day business? If so, you are going to want to look into aviation liability insurance. The…
Read MoreDoes an insurance company need my consent to settle a claim…
Does an insurance company need my consent to settle a claim on a Professional Liability policy? Most Professional Liability policies for Design Professionals do have a clause in the policy that…
Read MoreWill my Professional Liability policy cover Pro Bono work?
Will my Professional Liability policy cover Pro Bono work? Whether or not professional services are provided for a fee or on a complimentary basis, the professional liability risks are the…
Read MoreBenefits of having an agent that specializes in Professional…
Benefits of having an agent that specializes in Professional Liability Insurance for Design Professionals, it is valuable for many reasons: Identify the risks that Design Professionals face – An agent…
Read MoreContract Requirements for Design Professionals
Contract Requirements for Design Professionals Design Professionals are constantly being asked to provide proof of insurance coverage and it can be quite overwhelming. Not only are the requirements sometimes confusing,…
Read MoreMy Design Professional firm has quotes from several Professi…
My Design Professional firm has quotes from several Professional Liability carriers, how do I decide on which carrier? This is a very good question and with more than 50 markets…
Read MoreWorkplace injuries can hurt!
Workplace Injuries Workplace injuries can hurt small businesses. Workers Compensation Insurance is so very important, it will pay for those medical costs and lost wages associated with a workplace injury…
Read MoreSurplus Lines Professional Liability policies for Design Pro…
Surplus lines Professional Liability policies for Design Professionals. What do surplus lines mean? In every State in the United States there are non-admitted insurers (surplus lines) and licensed (admitted) insurers.…
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