AE Blog - What Is Professional Liability Insurance?

Professional liability insurance serves as an indispensable safety net for professionals around the world. Seldom is this more true than when considering the fields of engineering and architecture. The massive exposures and potential liabilities faced by professionals in these fields further increases the value and importance of being protected. One bad lawsuit can cost a firm its reputation, savings – potentially everything. Often these suits derive from clerical errors, client misunderstanding, general misfortune, or subcontractor misconduct. Don’t get caught up in the litigious web of society. Know your exposures and obtain appropriate coverages to protect your firm.