You might have decided to work as an architect on a freelance basis. This can be a wonderful way to work as an architect while being your own boss, and you won't have to worry about spending your time looking for a job with an architecture firm. Of course, there are certain responsibilities that you have to take on by yourself if you do choose to work in this way. For example, you will probably want to purchase your own professional liability insurance coverage. There are some freelance architects who work without this insurance coverage, but you will probably want to purchase a policy for these reasons and more.
Many Contracts Require It
When you work with clients, you might sign contracts. In fact, it is typically in the best interests of both the architect and the client to sign a contract, and many clients will not work with a freelance architect if there isn't a contract involved. In many cases, these contracts state that the freelance architect who will be working on the job must have professional liability insurance. If you want to avoid missing out on jobs because you don't have insurance, and if you want to make sure that you fully abide by the contracts that you sign, you will want to make sure that you have professional liability insurance coverage. Just make sure that you check the coverage amount that the contract requires you to have; then, you can make sure that your insurance policy is sufficient.
It Can Protect You if You're Late When Turning in Work
It is important to make sure that you turn in your work in a timely manner when you work as a freelance architect. If you have to do all of the work yourself, however -- which is very common for those who freelance instead of working for a firm -- then you might sometimes struggle to get your work done in a timely manner. You could potentially be sued if you don't turn in building plans or other work in a timely manner, however. If this happens, your professional liability coverage can help protect you.
It Can Protect You if There is an Issue With Your Work
As an architect, you probably understand just how important it is for your work to be accurate and thorough. If you make mistakes, materials could be wasted, projects might not be completed on time, or structures could be built in a dangerous way. If something like this happens and you get sued because of it, you will probably be glad that you have professional liability insurance coverage.
Contact a professional liability insurance company for more information.
After we had kids, we realized that we needed to up the ante on our insurance coverage. While we had a policy in place, I knew that we had to do something to make sure that we were protected in any instance, which wasn't the case at the time. I began talking with different brokers about what we could do to improve our coverage, and they had some really great suggestions that seemed to help. This website is here to help other people to know how to purchase insurance, and what kinds of policies would work best for your special family.