Risks for Design Professionals 1.  Contract Language – Poorly written contracts and ambiguous language can expose firms to unintended Risk.  It is a good idea to send your contract in question to your agent to…

How to Complete the Architects and Engineers Professional Liability Renewal Application The renewal application is an important piece of information for the insurance companies to determine your renewal premium.  It is important to complete the application accurately and completely. The…

Lower premium – Tips and ‘How To’ The bottom line for your firm is very important.  Here are some ideas of how to help lower your Professional Liability premium. Deductible – Increase the deductible amount if possible.  By increasing your…

Allison Esrig, head of the architects and engineers Professional Liability group, and Roseanne DeBellis, senior claims counsel, work for different departments at Navigators, but the brokers and companies they serve would never think of them as operating in two different…

Do you, as the Insured, have a right not to file a claim, by a third party, on your insurance policy? Actually, no, unless you want to forfeit your insurance coverage. Guess whose pocket the costs will come out of…

Making changes to your design firms policies? While policy changes may seem like a simple task, it is important to get changes requested as soon as possible and accurately; it can make a difference down the line.  Here are a…

Fleet Safety Are your drivers prepared for an accident with a company truck? Having a plan in place can help keep drivers safe and prepared to capture important information at the accident scene. An accident response plan can also help your company…

A Claim and My Renewal Premium How will the claim affect my Professional Liability renewal premium?  This is a great question and will depend on a lot of factors involved including the outcome of the claim and your firm’s renewal…

RECREATIONAL VEHICLE INSURANCE Mother nature has finally caught up with the calendar here in Michigan.  Now is the time to start thinking about rolling out all those fun ‘toys’ we store away all winter long, just waiting for spring to…

Budgeting for insurance as a design professional can be tricky but doable.  It is important to look at your firm and determine what the needs are with regards to insurance and budget accordingly. The first step is to determine what…