Insurance Coverage for Architects & Engineers
The best protection for your business.
For over 50 years, DRS Insurance Group has worked with companies, big and small, to create coverage platforms that protect their hard-earned assets. We begin by analyzing your current business insurance program. Next, we work with top-rated carriers to provide a variety of options to suit your needs and budget.
SPECIALIZING IN INSURANCE COVERAGE FOR ARCHITECTS AND ENGINEERS:
As architects and engineers, you are highly specialized and technical professionals. Furthermore, the decisions you make on form and function build and shape the world around us, and it is a complex undertaking. For example, a mistake in calculations could result in construction delays, or worse, a collapsed building. Too often, the accusations of negligence or professional malpractice can stain your reputation and cost a fortune.
Every project is unique and has its own risks which should be insured to mitigate any unforeseen damages, risks, or claims. Depending on the situation, you could be held partially or fully responsible. Therefore, choosing the right insurance coverage for your firm is vital, as it can protect against a variety of risks. Let DRS Insurance Group help you identify the product(s) that fit your unique needs and budget. To learn more about your business insurance options, contact us today.
Business Owners Policy (BOP)
At the very least, your firm should have a Business Owner’s Policy (BOP). By combining your general liability, commercial property, and business income policies, a BOP can safeguard your firm and save you money on insurance rates.
General Liability
When your business causes injuries or property damage, general liability coverage helps protect you from lawsuits. Furthermore, it covers claims of slander and libel.
Workers’ Compensation
Workers’ compensation insurance provides wage replacement and medical benefits to employees if they suffer a work-related injury or illness. Additionally, it helps cover your legal fees if an employee’s family decides to sue you.
Professional LiabilityÂ
Professional liability insurance offers a multitude of potential benefits for architects and engineers, such as coverage for personal injury, defense costs, negligence, and claims against past-rendered services. Additionally, it provides coverage for potential damages relating to construction delays, structural damages, and other potentially costly risks.
Commercial Auto
A commercial auto policy provides liability coverage for you or your employees if an owned-vehicle gets into an accident.
Umbrella and Excess LiabilityÂ
Umbrella insurance can be the most affordable way to get higher limits on several other policies. Unfortunately, one event could put your assets at risk if the cost of a covered claim exceeds the limits of your business liability insurance. Thus, umbrella insurance kicks in once other coverage is exhausted.
Other
Policies
