- General liability insurance
General liability insurance covers common small business risks like customer injury, customer property damage, and advertising injury. It protects your business during lawsuits and helps you qualify for leases and contracts.
General liability protects against common risks
General liability insurance is often the first policy that building design professionals consider. If a client is injured while visiting your office, or you accidentally damage a client’s property, general liability insurance can help cover the costs. This policy is often required when you sign a commercial lease.
This policy provides liability coverage at your office related to:
- Customer injuries
- Customer property damage
- Slander and other advertising injuries
Save money and increase your security by bundling policies
If you run a small building design company, you may be able to bundle general liability insurance with commercial property insurance in a business owner’s policy. A BOP costs less than purchasing each policy separately. Businesses that are eligible for BOPs typically:
- Have fewer than 100 employees
- Have a small office or workplace
- Make less than $1 million in annual revenue
- Operate in a low-risk industry
- Need less than 12 months of business interruption insurance
Talk to a licensed Insureon agent who specializes in the building design industry to find out if a BOP fits your business.
What coverage can general liability provide for building design professionals?
If a client slips on a wet floor at your office and sues over the injury, you could be held responsible for medical expenses – plus the cost of hiring a lawyer. General liability insurance covers:
- Medical bills
- Attorney’s fees
- Court-ordered judgments
- Funeral expenses in fatal incidents
Note that this policy does not cover employee injuries. For that, you’ll need workers’ compensation insurance.
Customer property damage
General liability insurance can protect your business when customer property is damaged. That means if an engineer accidentally drops a client’s laptop or an architect spills coffee on a client’s pristine white couch, your general liability policy could help pay for the cost of replacing the damaged property.
If there is a disagreement regarding more expensive repairs, general liability could cover attorney’s fees or a court-ordered judgment.
While marketing your company and its services, it’s important to avoid copying a competitor's slogan or design. If you do, even if it wasn’t on purpose, you could face a lawsuit. Accidental advertising injuries are covered by general liability insurance. That includes:
- Defamation, both libel (written) and slander (spoken)
- Copyright infringement
If you use advertising or promotional materials to market your building design company, make sure your insurance includes this protection.
Other policies for building design professionals
While general liability insurance covers many risks inherent to the building design industry, it does not provide complete protection. Architects, drafters, interior designers, engineers, and other building design professionals should also consider:
Business owner’s policy: This policy bundles general liability insurance with commercial property insurance at a lower rate than purchasing each policy separately.
Professional liability insurance: This policy is critical for building design professionals who provide expert advice. It can cover legal fees of lawsuits related to work performance.
Workers’ compensation: This policy is required in most states for businesses with employees. It can cover medical expenses if an employee is injured on the job.
Get free quotes and compare policies with Insureon
Are you ready to protect your building design business with general liability insurance? Complete Insureon’s easy online application today to compare quotes from top U.S. carriers. Once you find the right policy, coverage can start in less than 24 hours.