Scenario 1:
An architecture firm is named in a lawsuit over a design error.
RELATED STAT:
- A multi-million-dollar loss is possible, depending on the size of the project and the impact of the error.
SOLUTION:
- Architects & Engineers Professional Liability Insurance and Excess Liability Insurance can help pay for rectification, legal defense, settlements, and more. Learn more
Scenario 2:
A builder and architect are sued by a school district over alleged construction defects on an $18 million elementary school project.
RELATED STAT:
- Costs could include legal fees, medical payments for bodily injuries, rectification, and temporary housing of students — potentially totalling millions of dollars.
SOLUTION:
- Construction firms rely on Commercial General Liability (CGL) Insurance, Architects & Engineers Professional Liability Insurance, and other policies to protect themselves in the event of alleged construction defects. Learn more
Scenario 3:
A zoo opens a newly renovated animal habitat and later discovers leaks, structural issues, and system failures tied to alleged design and construction errors, prompting a lawsuit against the firms involved.
RELATED STAT:
- Large-scale construction and renovation projects can mean multimillion-dollar exposures when factoring in repairs, delays, legal costs, and reputational damage.
SOLUTION:
- Lawsuits stemming from alleged design flaws or negligence may be addressed by Architects & Engineers (A&E) Professional Liability Insurance, which can cover legal defense, settlements, rectification costs, and more. Learn more
