Insurance

Question 1

Insurance Required by the Contractor

Answer 1

Per A201:
1. Commercial General Liability
2. Property Damage
3. Worker’s Compensation
4. Automobile Liability
5. Contractual Liability
* Holds the Owner and the Architect harmless from claims against the Contractor

Question 2

B101 Required Insurance

Answer 2

1. General commercial liability
2. Employer’s insurance
3. Professional liability
4. Worker’s compensation insurance
5. Automobile insurance

• AIA contain waivers of subrogation that assumes the owner carries property insurance (a universal waiver)

Question 2

Employment practice liability insurance

Answer 2

To protect from wrongful termination

Question 2

Workers’ compensation

Answer 2

Wage replacement and medical benefits to employees injured in the course of employment.
金钱赔偿置换员工额外上诉索赔
有些法律有金钱赔偿上限来保护雇主

Question 4

Intellectual property insurance

Answer 4

Protects the firm from suit by a competitor for infringing on an idea belonging to someone else.

Question 5

Business interruption insurance

Answer 5

Reimburses the architect for ongoing expenses and loss of profits in the event of a fire or other casualty that interrupts normal business operations.

Question 6

Tail Insurance

Answer 6

Projects done before retirement and still within the statute of limitation/repose.