Walker & Associates: Professional Liability Insurance for Architects, Engineers and Survey Firms
Walker & Associates specializes in protecting the assets and reputation of Architects, Engineers and Survey Firms of any size – from sole proprietors to large firms – with Professional Liability insurance. This is one of the most important insurance policies you will purchase because of the potential liabilities and considerable financial risk you face as a result of the type and quality of services you deliver to clients. In fact, the risk of litigation from a client is on the rise due to a number of issues: broader contractual requirements, new developments in design technologies, increased emphasis on sustainability, and increased expectations of clients, just to name a few.
Professional Liability insurance for Architects, Engineers and Survey Firms, also known as Errors & Omissions (E&O), is designed to protect your assets and financial stability in the event of a lawsuit from a client that claims financial injury due to failure to perform a service, error or omission. The policy will pay for lawsuit-related costs, even if the suit turns out to be meritless. It also serves to help protect the reputation you worked so hard to obtain.
Who We Insure
Our professional team is dedicated to meeting the complex needs of:
- Environmental Consultants
- Land Surveyors
- Landscape Architects
- Interior Designers
- Construction Managers
- Design Build Entities
Customizing Your Policy
We will work with our insurers to design a policy to include coverage for the following, depending on your specific needs:
- Professional Negligence
- Pollution Incidents
- Project Specific Coverage
- Personal Injury
- Fines, Penalties, Sanctions form the Americans with Disabilities Act (ADA), Federal Fair Housing Act (FFHA), Occupational Safety and Health Acts (OSHA)
- Structural Defects
- Contingent Bodily Injury/Property Damage
- Innocent Insured Coverage for Dishonest Acts
- Coverage for Independent Contractors
- Design-Build Services
- Joint Venture Coverage
- Predecessor Firm Coverage
Our staff comes with deep expertise and will discuss with you the limits you should be carrying, your deductibles and how coverage is triggered. We believe it is important to understand how your policy will respond.
Keeping Losses Under Control, Mitigating Risk
At Walker & Associates, we also do our best to improve your risk profile so that you remain attractive to insurers and you get the most out of your premium dollars. This involves client contract reviews, hosting a loss prevention program, placing a project insurance policy for your firm, and assisting with loss control and claim matters.
For large construction projects that require greater control over total construction costs and improved overall project safety, Walker & Associates can provide our expertise in wrap-ups with an Owner Controlled Insurance Program (OCIP) or a Contractor Controlled Insurance Program (CCIP).
Look to Walker for All Your Insurance Needs
As a full-service independent insurance agency, we provide a wide range of business and personal insurance products. We will not only take care of your Professional Liability insurance needs, but can also conduct a thorough risk assessment to provide you with a proposal that addresses the various exposures that exist in running a business and owning a company.