Construction Related Professional Liability


Collaborate with the specialist to manage the professional liability risks of your construction industry clients. New Day’s outstanding construction team has assisted over 50% of the ENR Top 400 Contractors in managing their professional liability exposures and creating optimal solutions. New Day can provide access to more than just an insurance policy; we guide you and advise you on the best products and risk management services to protect your clients.

Below is a brief overview of the professional liability insurance products offered by New Day

Architects & Engineers Professional Liability



Details

  • Coverage for third-party damages committed by any architect or engineer
  • Project-specific or practice programs
  • Mold liability included

Environmental Consultants/Engineers Professional Liability




Details

  • Coverage for third-party damages committed by any environmental consultant or engineer
  • Project-specific or practice program
  • Mold liability included

Contractor’s Professional Liability



Details

  • Coverage for direct and vicarious professional liability for a construction firm’s services
  • Covers General Contractors; Mechanical, Electrical and Plumbing Contractors; and Construction Managers.
  • Project-specific or practice program
  • Includes mold liability as well as Mitigation of Loss coverage

Contractor’s Protective Professional Insurance (CPPI)



Details

  • Coverage that adds an element of first-party indemnity to the Contractor’s Professional Liability policy or damages committed by a design professional
  • Project-specific or practice program
  • Includes mold liability; may include Mitigation of Loss coverage

Owner’s Protective Professional Indemnity (OPPI)



Details

  • Coverage for costly project professional liability
  • Provides first-party indemnity coverage to the owner for damages committed by design professionals
  • Project-specific or blanket programs
  • Contractor’s Pollution Liability can be included

Want to know more? Contact us today.


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