If a drafter makes an error on a calculation or a CAD drawing that negatively impacts a client, it could result in a lawsuit. Insurance for draftsmen can protect against the legal and financial risks draftsmen face.
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These insurance policies provide coverage for common risks faced by drafters.
This policy covers basic drafter risks, including customer property damage and injuries. To save money, bundle this policy with property insurance in a business owner’s policy.
This policy bundles commercial property insurance and general liability insurance in one plan. A BOP is often one of the most cost-effective insurance policies for draftsmen.
This policy, also called errors and omissions insurance (E&O), is important for building designers, including draftsmen. It can cover legal costs related to work performance.
Workers’ compensation insurance is required in almost every state for drafting businesses that have employees. It can cover medical costs for work-related injuries.
Your complex drawings often include technical details and specific measurements. A simple error can have major repercussions on a project – which could lead to a costly lawsuit. Business insurance for draftsmen shields your business from the high cost of professional liability lawsuits, as well as legal risks associated with injuries, property damage, and more.
Several factors will have an impact on insurance costs, including: