General Contractor Insurance FAQs

General Contractor Insurance FAQs

We work with retail agents every day who field tough questions from their design and construction clients. Here’s a few common questions we get asked about general contractors. Is it wise of General Contractors to require professional subconsultants to sign...
Owners and Contractors Protective Liability Insurance

Owners and Contractors Protective Liability Insurance

Owners and Contractors Protective Liability (also known as OCP or OCPL policy) covers the interest of the owner of a property for the duration of a project. Thus, it’s sometimes also simply called “project insurance”. The coverage can also be...
Using Construction Contracts for Design Services

Using Construction Contracts for Design Services

Does utilizing construction contracts for design services impact my common law Standard of Care?  Using a construction contract for design services may well alter a design firm’s Standard of Care, particularly if the construction contract contains warranties or...
Contractual Limitations of Liability: The Evolution of a Risk Tool

Contractual Limitations of Liability: The Evolution of a Risk Tool

Contractual limitations of liability are an important risk tool for design professionals today. These contractual provisions can operate as a way to control and mitigate losses in the event of a malpractice tort claim or in the event of a claim of some breach of...
Demanding General Contractors and How to Meet Them Halfway

Demanding General Contractors and How to Meet Them Halfway

Some of the most frequently asked questions we hear are triggered by the disparities between the insurance coverage available to design professionals and the demands made for coverage by general contractors and their standard contracts. This is a nuanced area, and you...
Errors and Omissions Insurance for General Contractors

Errors and Omissions Insurance for General Contractors

Errors and omissions (E&O) insurance protects professionals from mistakes in contracts, including items that were left out of the contract. When these items are discovered after the contract has been signed, it can result in a costly lawsuit. E&O insurance...