Project-Specific Professional Liability
A separate professional liability policy for one project, with its own limit, usually bought by the owner or the design team leader for large or public work.
It keeps a big project from using up the limit that protects the rest of your firm, and it can cover the whole design team at once.
When a Project Policy Makes Sense
Very large projects
When one project’s exposure is bigger than your firm’s annual limit.
Owner requirements
Public owners and developers sometimes require a dedicated policy for the whole team.
Joint ventures
When two firms deliver one project together and need one clear policy.
Long tail projects
The policy term usually runs through construction plus a set reporting period after completion.
Project-Specific Professional Liability: Common Questions
Who pays for a project-specific policy?
It varies. Owners often pay for it on large projects. On others, the design lead buys it and builds the cost into the fee.
Does it replace my practice policy?
No. Your annual policy keeps protecting your other work. The project policy sits beside it for that one job.
When should we start the process?
Early. Underwriters want the contract, team and project details, and the premium is often due before design starts.
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.