New Policy Form Enhancements
Victor O. Schinnerer
& Company has a new professional liability policy form with benefits for large, mid-size, and small architecture, engineering,
surveying, and design consultant clients. Policy enhancements include expanded pollution
liability coverage, rectification expense coverage, deductible incentives,
supplementary payments, exclusion carvebacks, and additional extended reporting
period options, to name a few.
Small A&E firms and environmental consultants will enjoy a reduction in policy rates
for new business in most states. For small A&E firms there is a reduction in rates
of up to 20 percent for firms with annual billings between $250,000 and $500,000. Environmental consultants will benefit rate reductions of up to 15 percent for firms with up to $5
million in annual billings.
Discover more about the new policy form enhancements, affected segments and benefits.
Admitted Policy State Approvals
- District of Columbia
- New Hampshire
- New Jersey
- New Mexico
- North Carolina
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
- U.S. Virgin Islands