Project Liability Insurance
The responsibility is daunting. Imagine being liable for building a new construction project -whether it's a high rise office tower, large scale office complex or small building-it's laden with liability and accountability.
Project managers coordinating the building process oversee a wide array of activities and timetables to ensure the projects they oversee not only are completed on time and on budget but are finished free of error and to completion.
These professionals not only plan and coordinate construction projects of varying sizes; they walk a tight rope representing the owner or developer of the project while working with many subcontractors responsible for getting the actual work done. The project managers are liable for sub consultants along with themselves and their firms.
Now couple that with the liability of completing a project free of errors and omissions . Where's the safety net?
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Did you know?
Median annual earnings for project construction managers in 2002 was $63,500.
Median annual earnings in the industries employing the largest numbers of construction managers in 2002 were:
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Nonresidential building construction $66,280
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Foundation, structure, and building exterior contractors 60,020
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Building finishing contractors 59,950
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Residential building construction 59,900
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Other specialty trade contractors 58,860
According to a 2003 salary survey by the National Association of Colleges and Employers, candidates with a bachelor's degree in construction science/management received job offers averaging $42,229 a year.
Source U.S. Dept. of Labor
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Protect your clients with project liability insurance
That's where Professional Design Insurance helps your clients. We work with insurance agents and brokers throughout the United States . Our niche is liability insurance . It's all we do. We work with hundreds of agents representing project managers to create affordable and appropriate project liability insurance coverage.
This allows your client to focus on the project and building process.
Professional Design Insurance: Providing liability insurance to project specialists
The PDI application process is easy. We can quote from our own application or send us a form that you've completed for another company. Don't forget to tell us when your project liability insurance quote must be completed. We can provide multiple insurance quotes from one application.
Have a hard to place client? Call us. We'll find a creative solution.
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