Insurance for Architectural Firms from the Lambert Agency
Your clients often have a style they are looking for, but they probably don’t know how to translate their ideas into drawings that are both aesthetically pleasing and conform to local building codes. That’s what they hire you for. What they care about is that their blueprints are in expert hands, so protect the future of your business with a trusted Premier Businessowners insurance policy from the Lambert Agency Insurance.
Whether you own your own architecture office building or lease space downtown, the Lambert Agency understands the unique needs for business insurance for architecture offices. Let us partner with you and take some worries off your plate.
Learn about Architectural Firm Insurance at the Lambert Agency
To get you started, here are some common concerns about architectural firm insurance, along with ways we can help and tools you can use. When you’re ready to speak to an agent, call us at (205) 879-7283 and ask for a personalized architectural firm insurance quote.
Q: How does the Lambert Agency understand that architects’ offices are different from other businesses?
A: Every project you work on is different and involves various design and consulting disciplines, such as surveying, drafting and residential design. You rely on sophisticated computer equipment and programs to create drawings, blueprints and other documents. You need to make sure your work is protected.
The Lambert Agency can cover your computer systems, your documents and many of the needs specific to your firm.
Q: What specific coverages do architects’ offices need?
A: Architects’ offices need:
- Premises Liability Coverage
- Valuable Papers and Records Coverage
- Building and Contents Coverage
- Computer Coverage
- Business Income Coverage
- Property Coverage
- General Liability Coverage
- Accounts Receivable Coverage
- Business Automobile Coverage
- Business Umbrella Coverage
Q: Does the Lambert Agency offer these coverage?
A: Yes.
Q: Does the Lambert Agency offer Professional Liability Coverage (Malpractice Coverage) for architects?
A: The Lambert Agency does not offer Professional Liability Coverage, but we can work with a partner company to offer a solution for your business.
Q: What type of coverage is often overlooked for architects’ offices?
A: Valuable Papers and Records Coverage – Architects often have records, documents and reference materials that are expensive to replace. They also have clients’ documents in their office. This coverage can protect you from damaged or lost papers.
Equipment Breakdown coverage – Offices typically have expensive communication equipment, such as telephone systems and computer networks. If they break down, replacement can be costly. Most insurance companies automatically include this coverage, but some require that it is separately added. Make sure you ask your agent about this coverage.
Flood insurance – The Lambert Agency does not offer flood insurance, but your agent can connect you to the National Flood Insurance Program, which is government-sponsored insurance that offers up to $500,000 in coverage.
Q: What is umbrella insurance?
A: It’s a way to add higher limits to your existing insurance. For example, if your current liability policy covers a $1 million lawsuit and you are successfully sued for $2 million, umbrella insurance can cover the difference. Best of all, we can provide this excess liability coverage over your business vehicles as well as your business liability.
Q: Can the Lambert Agency meet all of my insurance and financial needs?
A: Yes. We offer a full range of personal and business insurance products. We also offer financial services, mortgage and banking services. This means we can cover your home, personal autos, business vehicles, workers compensation, life insurance, business property and liability, personal and commercial umbrella, mortgages, loans and investments.
Q: If I have several locations, do I need to have several policies?
A: No, the Lambert Agency can include all of your locations in one policy, saving you money.
Q: How is the Lambert Agency rated, and what does this rating mean?
A: Nationwide is rated A+ (Superior) by A.M. Best, an independent insurance benchmarking group. The superior rating is assigned to companies that have a superior ability to meet their ongoing obligations to policyholders.
Q: What can you do to help me as my business changes?
A: We offer periodic insurance reviews of your business and your coverage. These reviews are triggered by opening a new location, adding on to existing space, changes in the industry from court rulings, when a claim has been made and at renewal time. All of these moments have insurance coverage implications, and we want to make sure you are adequately protected.