The dos and don’ts of a workers compensation policy for architects/engineers- While the workers compensation policies to not have a high frequency of claims for architects/engineers, there are still items to be aware of with the policy. Do provide correct…
Defending Professional Liability Claims Your professional liability insurance policy is a contract that covers you for wrongful acts in the performance of your professional services. Your carrier has two separate obligations to your firm: 1) to defend you; and 2) to pay any judgment for…
Business Owner Policy – Dos and Don’ts for Architects/Engineers The business owner policy is not one that has many claims for architects/engineers but are an important part of business. Here are some suggestions on the dos and don’ts of a…
Dos and don’ts of professional liability for architects/engineers- There are many intricacies to a professional liability policy, here are some suggestions on the policy. Do complete the application as accurately as possible. It is important to provide the insurance companies…
It’s not uncommon to see commercial drones, unmanned aerial vehicles (UAVs) or small unmanned aerial vehicles (sUAVs) at a construction site. They can help construction businesses in many ways, such as: Monitoring projects for employee safety Surveying large sites…
Choosing Deductibles Choosing deductibles for architect/engineer insurance policies. Depending on the policy there may be different deductibles and deductible options available. Workers compensation policy insurance companies may offer a deductible, depending on the state your firm is domiciled. The deductibles…
Spring Clean Your Insurance Spring is a great time to review of your insurance coverages. As your life changes so do your insurance needs and your insurance policies should be evaluated annually. Take the time to read them over and ask yourself…
Claims expenses in an architects/engineers professional liability policy- The expenses will include items such as investigation, attorney fees and expert witnesses, if needed. The following is a definition from a professional liability policy. “Claim Expenses” means: a. reasonable and necessary fees, costs and expenses…
Motorcycle Insurance The Insurance Information Institute issued tips for the cost-conscious rider, like finding the right motorcycle insurance for you and your bike. Click HERE for full article. Choosing the right insurance is like choosing the right bike; you need it to fit you! Liability insurance is a…
Professional Liability Pre-Claim Assistance Using the Pre-Claim Assistance Process Disputes happen. Dissatisfied clients, construction firms with cost recovery programs, injured third parties, and other claimants often try to tap into the insurance and financial assets of firms to solve real or…