Posted on 16 Nov 2011
Victor O. Schinnerer & Company makes significant upgrades to its general liability policy for architects, engineers and surveyors.
“We’ve ramped up our general liability policy to address the needs and wants of our policyholders,” said Corrine Nunley, Vice President and manager of Schinnerer’s property & casualty program for design professionals. “With over two dozen enhancements we’re giving our design professional clients a superior insurance product tailored to their unique, changing industry.”
The numerous enhancements – offered by endorsement – broaden coverage in many areas of the policy. A few of the most significant enhancements include:
* Aggregate limits per project and aggregate per location apply the general aggregate limit separately to each project and location.
* Includes nine miscellaneous additional insured categories such as state or political subdivisions, lessors of leased equipment, managers or lessors of the premises, mortgagees, and many other entities.
* Contractual coverage for railroads covers contractual liability for operations performed within 50 feet of railroad property.
* Blanket waiver of subrogation waives right of recover if the insured has waived such right in writing prior to loss.
Schinnerer’s general liability policy is admitted and available in all 48 contiguous states. Policies are distributed through licensed, independent insurance agents and brokers.
Schinnerer offers professional liability, property & casualty and management liability insurance to a wide range of architects, engineers, construction managers, construction consultants and environmental consultants. The coverage is provided by A rated insurance carrier, CNA. Most policies offered are admitted and available in all states, D.C., Puerto Rico and the U.S. Virgin Islands.
Victor O. Schinnerer & Company, Inc. is one of the largest and most experienced underwriting managers of professional liability and specialty insurance programs in the world. Schinnerer now serves more than 46,000 insureds in various specialty industries through independent insurance agents and brokers. Learn more at www.Schinnerer.com.