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Professional Liability

for Architects and Engineers

 

Like any other insurance policy, the professional liability policy for architects and engineers is designed to protect an insured from possible catastrophic financial loss due to unforeseen damages.

In the event an insured professional is sued and becomes legally obligated to pay damages, the professional liability policy will defend the insured in the suit and will pay damages they become liable to pay, subject to the policy terms and up to the limits of liability, less the deductible, subject to the terms and conditions of the policy.

Malpractice occurs when the professional either does something incorrectly or fails to do something that the standards of the profession dictate should have been done.

Want to know more? Check out our Architects and Engineers FAQs.