Get a quote

×

Join Our Distribution List Today!



×
Need help managing your business risks during COVID-19? – CLICK HERE FOR INFO YOU CAN USE
ALIGNED Insurance

Call Toll Free
1-866-287-0448

Design & Build Professional Liability Insurance Coverage Explained

Design & Build Professional Liability Insurance Coverage Explained

Design & Build Professional Liability Insurance Coverage Explained

Click Here For A Design & Build Professional Liability Insurance Coverage Quote Today!
OR
Call us toll free at 1-866-287-0448 

Design & build professional liability insurance coverage is becoming increasingly popular in the Canadian construction & engineering industries as clients are increasingly looking for one organization to handle and be legal liable for all aspects of a project during all stages from design to construction completion.

Who Buys Design & Build Professional Liability Insurance Coverage?

Design & build professional liability insurance coverage is typically purchased by a construction company with a design arm or by an engineering firm with a construction arm.

Design & Build Professional Liability Insurance Coverage Claims Example

Facts from a real Canadian claims example are as follows:

  • Contractor with design arm wins contract to design and build a building which includes the design and installation of a complex electrical system in the building.
  • Contractor designs & installs the electrical system in accordance with the clients request.
  • System doesn’t function due to design error.
  • Building can’t be occupied on schedule and owner incurs significant downtime costs, but there is no bodily injury or property damage so a commercial general liability policy carried by most contractors can’t and won’t respond.
  • Because the proximate cause of the downtime was the design error the design & build professional liability insurance coverage would respond to cover the lost revenue the building owner is holding the contractor responsible for.

Design & Build Professional Liability Insurance Coverage Extensions To Consider

  • Consultation Coverage – Cost to bring in 3rd party experts and/or technical expertise
  • Mitigation costs – which can include redesign, tear out, tear down and/or rebuild
  • OHSA Legal fee reimbursement, reputation protection services, disciplinary hearing legal fees reimbursement etc.

For more information on design & build professional liability insurance coverage, an insurance quote or for more information on any commercial insurance products contact ALIGNED Insurance Today!

We’re ALIGNED Across Canada   100% Canadian owned, ALIGNED is a premiere insurance brokerage that serves small, medium and large organizations. ALIGNED’s offices in Toronto, Calgary and Vancouver are supported by a national operations centre in Cambridge, Ontario. As one of Canada’s fastest growing insurance brokerages, we invite you to learn more about us and connect @ALIGNEDonRisk, on Facebook or LinkedIn.

Leave a Reply

Your email address will not be published. Required fields are marked *

CLICK HERE TO GET A COMMERCIAL INSURANCE QUOTE NOW