Architect Professional Liability Insurance

Architect Professional Liability Insurance – How Much Coverage Is Enough?

architect professional liability insurance in arlington tx

Architect professional liability insurance is critical to protect your business from lawsuits, but how much coverage is enough? This article looks at the options for architect insurance, including advertising injuries, breach of duty claims, and general liability insurance. To get started, fill out the free quote form below. An agent will be in touch to answer any questions you may have about coverage and costs. Then, compare policies and quotes to see which one is the best value.

Architects

Architect professional liability insurance is essential for the protection of your business. If something goes wrong, a mistake may occur, and you’re held liable for the damages. If you don’t carry architect insurance, you could find yourself in financial ruin. Even simple miscommunications can lead to unhappy customers filing lawsuits against you. If you’re not insured, you may find yourself paying thousands of dollars in legal fees.

Advertising injuries

Your architect professional liability insurance policy covers you for claims for personal and advertising injuries. Such injuries can range from slander to libel. They can also include publications that violate privacy, copyright infringement, and even false arrest or eviction. For example, imagine that your firm posts a blog post comparing the services of competing firms. You call out a competitor’s service for lack of quality or safety. The competitor files a lawsuit against you are held accountable.

Breach of duty claims

Architects are not exempt from breach of duty lawsuits. Failure to deliver services and failure to compensate the customer may lead to legal action. Breach of duty suits are an effective tool that can leave architects and engineers with huge financial losses. Luckily, professional liability insurance covers these costs and may cover the legal fees of the insurer. Architects can also use the protection provided by their insurance policy to defend themselves in court.

General liability insurance

Architect insurance provides protection against lawsuits and financial damage. It protects against claims from third-parties for property damage and bodily injury. Claims can be brought by clients, subcontractors, or employees of an architect firm. Without coverage, the firm could face disastrous consequences. Texas architect insurance covers legal liability and protects against claims for property damage or bodily injury to a member of the public.

Errors and omissions insurance

Architects should consider errors and omissions insurance as a means of protecting their businesses. Design work is complex and often involves high expectations and multiple parties. As a result, design professionals have an increased risk of litigation and must tailor coverage to reduce their client’s exposure. Architects can obtain Professional Liability insurance for architects from Hirsch Insurance Brokerage, a leading architectural liability insurance provider.

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