Architects and Engineers Professional Liability
Description
Availability: In all 50 states, the District of Columbia and U.S. territories
Coverage: Admitted, with an A rated carrier (non-admitted capacity available as needed)
Target Risks: Engineers, architects, surveyors, landscape architects
Limits: Up to $20 million (up to $35 million for firm with revenues over $10 million)
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Policy features
- One of the broadest professional liability forms in the industry
- International coverage
- Multi-year policies available for eligible small accounts
- Broad coverage for pollution, asbestos and equity interest
- ERP death or disability coverage for no additional charge
- $0 deductible options available for small firms
- Defense outside the limits
- Rectification expense coverage for a design defect caused by professional services
- No hammer clause
- Punitive damages coverage where allowable by law
- Free risk management resources including publications, seminars, live and recorded webinars and contract reviews by experienced risk management professionals
- Free continuing education courses
- Local claims service by dedicated A&E specialists and experienced defense attorneys
- 5% premium credit for AIA/NSPE members
- Up to 12% premium savings for ACEC members
- Expansion of the term insured
- Enhanced rectification applicability
- Availability of aggregated defense outside the limits
- Update to the faulty workmanship exclusion
- Carve-back to the transportation exclusion
- Inclusion of most favorable jurisdiction
- Expansion of the subrogation waiver
- Liberalization of current policy coverages
- Updated rates in select states
Coverages Offered
Professional Liability Insurance (E&O)
Availability
Applications and Informational PDFs
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