AE Blog - Variability in Professional Liability Insurance – Know Your Risk Exposure

Design professionals, including architects, engineers, and surveyors, perform critical roles in society. As a result of this, the resultant work creates significant liability issues when something goes wrong. Protecting these professionals from a cavalcade of liability suits stands paramount in keeping these businesses alive that are so vital to our daily lives.

But not all design professionals are exposed to equal amounts of risk. Some professions see much more costly average law suits than others. Further, some areas of the country experience larger liability claims. Laws and regulations in a region can also affect these statistics. Knowing what your company is likely to face down the road ensures that you protect yourself enough to avoid surprises. Consulting experts in the professional liability field is imperative in assessing your risk and protecting your business as appropriate to your field and region. To learn more about professional liability insurance and your risk exposure, contact us.