In any type of career that people choose, there are always a few speed bumps along the way. These are the experiences and the issues that tend to complicate one’s working environment and make situations more difficult than expected. While it may be true that the best way to prepare for these instances is through thorough preparation, it is also true that a professional can never say with 100% true confidence that he is fully prepared for all types of issues. Take for example the very demanding profession of architecture. Architects face a multitude of risks during their stint on a project, no matter how minor these projects may be. These risks all have to be accounted for, and when they do arise, they must be countered by the right insurance protection. Professional liability architects insurance policies do exactly that. For more information on just how important professional liability insurance is for architects, feel free to contact us and we will have one of our specialists work with you directly.
There are many actions that may constitute a client to file charges against architects. For one, architects must understand that they can be held accountable not just by their own negligence, but by the negligence of their contractors or other people involved with the project as well. In such cases, clients may opt to not pay the architects the agreed upon fees, arguing that the architects’ work was not at par with the agreements set. These are, of course, many other instances where professional liability insurance policies prove their worth in gold to any firm.
In no case must an architect “go bare”- with the right professional liability insurance policy to face these and other civil cases head on, architects can retain what is most important in a business (peace of mind). All architects know that it takes years of hard work, patience, and even more hard work to preserve a good reputation in the industry. Thus, to save this reputation and the funds that maintain their business, it must be a top priority to be properly covered with a customized risk management program.