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What does professional liability insurance cover for architects and engineers?

April 26, 2017architects cover engineers liability insurance professional

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What does professional liability insurance cover for architects and engineers?

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Professional liability insurance protects the architect or engineer against claims for damages caused by the firm’s negligent acts, errors or omissions. The policy covers claims for bodily injury, property damage or economic losses. The policy provides a defense for the design firm against allegations of negligence, and it will pay for any damages, as well.