Commercial Insurance · Product Capability
Architects & Engineers (A&E) Liability Insurance
Design firms are expected to deliver work free from errors or omissions, and even a minor mistake can carry significant consequences. An architects & engineers' professional liability policy covers the defense costs and damages that could otherwise threaten the firm's financial stability.
Why This Requires Expertise
Understanding Architects & Engineers' Professional Liability Coverage
How Does a Policy Work?
An architects & engineers' professional liability policy covers the costs associated with defending you or your company in court, as well as any monetary damages awarded to the claimant due to an error or omission on your part.
These are referred to as “claims-made” policies. Coverage is activated when a claim is filed and reported to the insurance provider, because it is often difficult to pinpoint when the alleged error or omission actually occurred. Your coverage extends back to the earliest date of your uninterrupted professional liability insurance, which is why an unbroken chain of policies matters more in this line than almost any other.
Typically, these policies are issued for a one-year term, with an annual premium and deductibles applied on a per-claim basis.
What We Cover
What Architects & Engineers' Professional Liability Insurance Covers
What to Look For in a Policy
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You may focus on specific areas of practice, but you likely manage a range of projects and services, and your policy should reflect that versatility. Consider these components when selecting a policy.
Pollution Liability
Covering sudden, accidental, and gradual pollution arising out of your professional services.
Breach of Client Contract
Specific coverage for claims alleging you breached the terms of a client contract.
Comprehensive Civil Liability
Civil liability coverage more broadly, not just for negligence.
Intellectual Property Rights
Protection against claims that your work breached another party's intellectual property rights.
Claim Mitigation Costs
Reimbursement for costs incurred to mitigate or prevent a claim.
Punitive & Exemplary Damages
Coverage for punitive and exemplary damages where they are insurable.
Virus & Hacking Incidents
Liability coverage for viruses and hacking incidents affecting your systems and project data.
What Is Not Covered
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The following are generally excluded from a professional liability policy.
Unfair Trade Practices
For example, hiring a competitor's employee and subsequently taking one of their clients.
Non-Payment of Fees
Disputes over unpaid fees or invoices fall outside the policy.
Willful or Dishonest Actions
Deliberate wrongdoing is never covered by a professional liability policy.
Not Sure Your Current Coverage Goes Far Enough?
Firm Credentials
The Depth Behind Your Coverage
Speak With an Advisor
Speak with a Trusted Advisor
One straightforward conversation is all it takes to understand where your coverage stands, and where it should be. Protecting Tomorrow Today.
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info@simpson-mccrady.com