Architect and Engineer E&O Insurance Saves Major Stress
Cost and Coverage Options
The cost of E&O insurance varies based on factors such as the size of your firm, the types of projects you handle, and your claims history. On average, small firms might pay between $1,000 and $3,000 annually, while larger firms could see premiums upwards of $10,0001. Coverage typically includes legal defense costs, settlements, and judgments up to your policy limits. It's important to assess your specific needs and browse options to find a policy that offers the best balance of coverage and cost.