Learn about business insurance requirements and the most common policies for architects in Texas.
Which policies are required for architects in Texas?
If you have a commercial lease, your property manager may require you to purchase general liability insurance. Commonly purchased by architects in Texas, general liability insurance can protect your business from expenses associated with common mishaps, such as client property damage and injuries.
Your clients may require professional liability insurance in a contract. Also called errors and omissions insurance, professional liability insurance provides financial protection if a client files a lawsuit over late, erroneous, or incomplete work.
In Texas, workers’ compensation coverage is not required, even if you have employees. However, private employers who work on public projects must have this insurance.
Business-owned vehicles must be covered by commercial auto insurance. Personal vehicles used for business purposes should have commercial coverage, as well.
What are the most common policies for architects in Texas?
The most common policies for architects in Texas vary depending on revenue, client contracts, partnerships, and other factors.
General liability insurance
General liability insurance is the foundation of an architect’s business protection, with coverage that extends to client injuries, client property damage, and advertising injuries. Most commercial leases require you to have this coverage.
Business owner's policy (BOP)
Architects often qualify for a business owner’s policy. This package helps your business save money by bundling commercial property insurance with general liability insurance at an affordable rate.
Professional liability insurance
Many clients require proof of professional liability insurance before entering into contracts for professional services. This policy, also called errors and omissions insurance or architect liability insurance, can help cover legal expenses if you’re sued for unsatisfactory performance or a work mistake.
Texas workers' compensation
In Texas, workers’ compensation coverage is not required, even if you have employees. However, private employers who work on public projects must have this insurance. Even though you’re not required to have workers’ comp, you're still responsible for employee medical bills when they are hurt on the job. This policy can help pay for medical expenses and lost wages associated with occupational injuries.
If you don't purchase workers’ compensation insurance in Texas, you are considered a non-subscriber and are required to:
- File an annual notice with the Division of Workers' Compensation
- Post notices in your personnel offices and workplaces
- Tell each new employee in writing that they don't have workers' compensation
Commercial auto insurance
Commercial auto insurance can cover vehicles your business owns or uses for business purposes. If your vehicle is involved in an accident, this policy can cover your liability for another person's bodily injuries and property damage. It can also pay for vehicle theft, weather damage, and vandalism.
What do architects in Texas pay for insurance?
In Texas, the cost of architect insurance runs lower than the national median for most policies, according to an analysis of Insureon applications. Professional liability insurance costs Texas architects about $1,350 annually, significantly less than the national median cost for this policy.
Workers' compensation insurance for Texas architects costs about $490 annually, less than the national median. However, Texas architects tend to pay more for a business owner’s policy than architects in other states.
Save time and money with Insureon
Insureon’s industry-leading technology helps architects in Texas save time and money shopping for insurance by comparing policies from top U.S. carriers. Start a free online application to review quotes for the policies that best fit your business. Our insurance agents are licensed in Texas and can answer your questions as you consider coverage.
To make the application go quicker, have this information ready:
- Workforce details, such as the number and types of employees
- Current and projected revenue
- Business partnerships
- Insurance history and prior claims
- Commercial lease insurance requirements
Apply for free architect insurance quotes today.