liability insurance for architects
liability insurance for architects cost
Frequently Asked Questions About Professional Liability Insurance for Architects, Engineers and Environmental Professionals. Available limits of up to $25 million in addition to project-specific insurance Broad definition of insured Punitive damages coverage (where permitted by law) Ownership interest coverage (up to 25 percent of project) Mediation credit Automatic 60-day mini-tail. Q: Should consultants agree to sign a client’s proposed contract because it uses standard “boiler- plate” language? liability insurance for architects cost. Type of work or service (62 percent), and historic loss experience (more than two years), cited by 39 percent auto insurance compare quotes
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professional liability insurance for architects
A: No professional liability insurance for architects and engineers. This is normally opposed by professional liability underwriters. However, the client can be named as an additional insured under most commercial general liability policies. What If You Are Having Trouble Securing Professional Liability Coverage?.