Project-Specific Policy
A professional liability policy for one project only, with its own limit separate from the firm's annual policy.
What it means for your firm
Owners of large projects sometimes require it, or pay for it, so a claim on their project cannot use up the firm's annual limit.
Articles that explain it
“Name Us on Your E&O.” What to Send Back When a Construction Insurance Exhibit Lands on Your Design Contract Insurance Requirements on City, County and DOT Projects: What Flows Down to You Why Condo Projects Raise Your Professional Liability Premium Can I Cancel Professional Liability Insurance Between Projects? How Much Does Professional Liability Insurance Cost for Civil Engineers?
General definition for education only. It is not an interpretation of any policy or contract, and it is not legal advice. The wording of your own policy and contract controls. Policies and definitions vary by insurance company.
Talk to a specialist
Tell Us About Your Firm. We’ll Tell You What We See.
Starting out or renewing, with a policy in hand or not. If something is worth discussing, we’ll call. If not, we’ll say so.