Architects have many different types of liability risks, the number one risk that architects face, is oversights from drawing or drafting blueprints. As an architect, it is very important that you and your firm are fully insured against any law suits that might arise. If you are an independent contractor or freelance architect, you must make sure that you are covered with an errors and omissions insurance policy. If you own an architectural firm, you will also need errors and omissions coverage, but you will also need to add general liability incase anyone gets hurt on your premises, employee dishonesty coverage incase one of your employees has a dishonesty lawsuit brought against you, workers compensation coverage, business owner’s policy for your equipment and furnishings, non-owned auto insurance, and auto insurance.
To learn more about architect insurance coverage or any of the other coverage’s stop by Rhino Insurance. Here you can find additional information on all types of business and personal insurance, and get an instant quote.
Good information for a new architect or even a good reminder for an established freelance architect.
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