Architect Errors & Omissions Insurance
Architects Professional Liability Insurance Coverage
Architect Professional Liability Insurance (also known as Architect Errors & Omissions Insurance, or Architectural Firm E&O) protects architects if a client alleges that you were professionally negligent or failed to perform professional duties, or in the case of the failure of your work to perform as promised in your contract.
Architect Errors & Omissions Insurance policies are also available for Design and Consulting departments of Contractors and independent design consultants.
Architect Professional Liability Insurance Protects Your Business
The high cost of a legal defense could put your architectural services firm out of business. Your company's survival and your personal financial security depend upon protecting yourself against the impact of a lawsuit.
Almost any firm or individual that improperly performs services can cause a client to suffer an economic loss - and mounting a defense is expensive. The impact of even a baseless claim can be devastating. Would your company have the resources and expertise to defend against such a claim? Worse, could you pay restitution if you're found at fault? Request a Quote
Why Do I Need Architect E&O Insurance?
An Errors & Omissions Policy helps protect the valued relationships you have developed by protecting both your client and your own financial security.
Mistakes Happen. As an architect, you know even a small mistake can have serious consequences. Even the most skilled professionals are likely to make an error at some point. From catastrophic equipment failures to human oversights that result in personal injury, many incidents can result in a lawsuit.
You Can't Be All Places At Once. As your architectural firm becomes more successful, you may not be able to personally handle every aspect of each project. Errors & Omissions coverage insures not only your mistakes, but also the mistakes of the employees and independent contractors you hire. Request a Quote
Some of your clients may require that you and your subcontractors carry Errors & Omissions insurance. The right kind of E&O policy can protect both the architectural service firm and subcontractors from claims of a perceived error or omission, even if the problem occurs months after the initial job. Request a Quote
What Is Covered by Architectural Services Errors and Omissions Insurance?
Architects Professional Liability Insurance includes legal defense costs - no matter how baseless the allegations. It will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
Doesn't My General Liability Insurance Provide the Same Protection?
Errors and Omissions insurance coverage is not provided by a Commercial General Liability policy. Commercial General Liability does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues. Architects who have General Liability without Professional Liability (Errors & Omissions) coverage are taking a serious risk. It's like a doctor practicing medicine without Malpractice Insurance. Request a Quote
Customized Architect Professional Liability Insurance Coverage
Your Professional Liability Insurance policy can be customized to include:
- a business owners package that includes general liability insurance and property insurance
- options including coverage of Personal Injury claims
- defense costs outside the limits of liability
- deductibles beginning at $0
Contact Brunswick Companies today to request an architect professional liability insurance quote. We also offer general liability insurance and outsourced insurance risk management services.