Errors and Omission Insurance
Start the Quote Process
Errors and Omissions Insurance, General Contractors are increasingly becoming the single point of contact for both build and design aspects of construction projects.
To start your errors and omissions insurance quote and request a callback from one of our professional liability insurance experts, please fill out the form to the right and we will get back to you within 10 minutes. You can also buy your errors and omissions insurance online by clicking the Buy Now button below.
Do Contractors Need Errors and Omissions Insurance?
General Contractors are increasingly becoming the single point of contact for both build and design aspects of construction projects.
This hybrid arrangement is opening the door to increased Professional Liability exposures when there is a service failure. Service failures can amount to large capital outflows that can seriously impact a company or lead to bankruptcy.
Contracting is highly competitive and customer expectations are at an all-time high. Customers are quick to point out acts of negligence. Even simple complaints can potentially turn into lawsuits.
Professional Liability Insurance For Independent Contractors
Ai Professional Liability Coverage will cover you whether you are a contractor who chooses to design and build yourself, while waiving any architectural liability, or you are a contractor who hires a design firm or participates within a joint venture with a design company.
Ai Professional Liability Coverage will also extend to your company’s in-house architects.
Ai Professional Liability policy can be extended to include:
- Copyright Infringement
- Sub-contractor coverage
- Employee dishonesty
- Loss of documents
- Personal and Advertising Liability (including libel and slander)
Standard Limits offered for this coverage range from $250,000 to $5 million. Higher limits are available upon request.
Does My General Liability Policy Cover E&O?
Professional Liability exposures are not covered under a contractor’s General Liability Policy.
Potential Professional Liability exposures are:
- Third-party property damage
- Third-party bodily injury
- Errors in design
One of Ai’s key objectives is to continually protect our clients from new forms of business risk. The addition of Ai Professional Liability Coverage can provide broad protection for alleged errors and omissions in the delivery of design and construction management services.
Buy Professional Liability Insurance online and we’ll follow up with you to ensure you are sufficiently covered. If you still have questions, you can book a meeting with one of our Errors and Omissions Insurance experts to walk you through the process.
Contact an Ai Errors & Omissions Insurance Specialist to find the best possible coverage for you!
Do You Need Contractors Insurance?
If you manage a business that provides materials or a service to complete a job, you are in need of Contractors Insurance. Below is a list of typical Contractors, click on the links below to learn more: