Architects Professional Liability Insurance in Minnesota
What is Architects Professional Liability Insurance?
Architects professional liability insurance is a type of (errors and omissions) commercial insurance that protects architects and companies that provide architectural services from lawsuits that could cause financial hardships.
The architectural industry is vulnerable to costly risk, which is why it’s important to establish coverage you can trust. This type of professional liability insurance can protect architects from bearing the cost of judgments, legal defense and other financial risks involved in a lawsuit.
How Architects Professional Liability Insurance Works
Architects professional liability insurance is specifically designed to provide protection to businesses that design and/or build structures. It provides financial protection from lawsuits brought by clients with a wide variety of claims, including:
- Mistakes and oversight on a project
- Failure to provide contracted services
- Failure to deliver based on a contractual deadline
- Negligent actions and accusations of negligence
Whether your business only works in architectural design or provides a comprehensive set of services that includes the construction and building of new structures, this professional liability insurance is ideal for your business. Architects professional liability insurance can also be built to cover businesses that provide architectural consulting services, or for architects who own a sole proprietorship.
Obtain Architects Professional Liability Insurance in Minnesota
If you are an architect or an architectural firm in Minnesota and in need of professional liability insurance, contact the commercial insurance experts at The Patrick J. Thomas Agency. Our experienced agents can help you build a plan that protects your business no which types of architectural services you provide. Get in touch with us today.