What is Gap Insurance? Gap insurance (also known as loan/lease payoff) is an optional auto insurance coverage that applies if your car is stolen or deemed a total loss. When your loan amount is more than your vehicle is worth,…
Common Endorsements on Professional Liability Policies for Architects/Engineers While the Professional Liability policy does not have many endorsements because most policy provisions are included in the base policy, there may be some endorsements to keep an eye out for. Your…
What to Expect when Reporting a Home Owners Claim Owning a home can mean dealing with the unexpected. You likely can’t prevent all unwanted surprises, knowing what to expect if you have a homeowner’s claim can help give you some…
Can my architecture/engineering firm change Professional Liability insurance companies at renewal? Although it isn’t typically recommended your firm can change insurance companies at renewal if you choose. There are some issues to consider if your firm does decide to make…
RISK MANAGEMENT SEMINAR Please join us for our 32nd annual Risk Management Seminar for Design Professionals. Registration is open on our website, just click HERE. We are offering our typical 2 location, in-person seminars along with a virtual option this…
Does my architecture/engineering firm need a risk management program? The answer is yes, all firms need some sort of risk management at their firm. No matter the size of your firm there needs to be risk management measures in place….
Tips for Selecting Safe Drivers Choosing the right employees to drive for your company is the most basic element in your company’s fleet safety program. Who Are Your Drivers? Anyone who drives a vehicle on behalf of your company, whether…
What is included on a certificate of insurance for architects/engineers? The certificate of insurance is information on your firm’s insurance policies. This does not replace the policy but provides a snap shot of what your firm carries for a policy….
Compliance with Law Clause A “compliance with laws” provision requires that both parties to a contract must comply with the applicable laws with respect to some core aspect of the contract. These types of provisions are common in commercial leases….
Additional Insured Endorsements on General Liability Policies Not all additional insured endorsements are the same, each insurance company has their own endorsements or the language may even be included in the policy rather than added by endorsement. Example one: Additional…