|Architects & Engineers Professional Insurance|
Architects & Engineers Professional Insurance is intended to cover damages that a design professional may become legally obligated to pay because of claims against them for actual or alleged negligent acts, errors or omissions resulting from their services (including the associated defense costs).
Professional services could include actual design, design-build, construction management (with and without design), inspection, feasibility studies, consulting and payment authorizations.
Design professionals have various parties to whom they owe a legal duty. These include: owners, workers, contractors, subcontractors, sureties, other design professionals, tenants, patrons, neighbors, remote owners, vehicle occupants, and other third parties.
Claims against design professionals fall into two major categories:
Allegations of Bodily Injury
Allegations of Property Damage