Although architects always try to do their best for their clients, mistakes do happen. And in such a litigious society, lawsuits have become an inevitability. Professional liability coverage not only pays judgment costs, it also prepares you for a lawsuit by paying claims defense costs. After all, even the fraudulent claims cost your firm money.
Since 1957 the AIA has worked with the CNA/Schinnerer Professional Liability Insurance Program which meets the challenges that architects face today and in the future. Administered by Victor O. Schinnerer & Company, Inc., the AIA Trust Professional Liability Insurance Program, through its strength and dedication to superior service and quality for AIA members for more than a half-century, continues to demonstrate an unwavering commitment to the architectural profession. The program includes special plans for small firms, too.
The CNA/Schinnerer program now offers a special premium credit for AIA members. Architecture firms with up to $5 million in billings and an acceptable loss ratio are eligible (subject to state approval) for a premium credit of up to 5 percent. To find out how your firm can benefit, » click for details.
For more information about the AIA Trust Professional Liability Insurance Program through Schinnerer and CNA Insurance, click here.
For more information about the many free risk management resources available for you and your firm, click here.