Author: APC Insurance

What’s Covered By Engineering EO Insurance?

EO Insurance

Professional liability insurance has become vital in more and more professions, but for engineers it has been a necessity for a long time. Like construction firms and boat builders, architects and engineers work on projects that expose them to third party and public liability in the event of a defect in their workmanship, sometimes for decades after the fact. Engineering E&O insurance is a variant on professional liability coverage written to the specific needs and roles of engineers, architects, and other professionals overseeing similar projects.

Funds for Settlement, Litigation & More

Professional liability insurance offers financial support when there are damages to cover, up to the policy maximum. That includes settlement payouts to third parties with claims stemming from that liability, but it can include more than that. A well-written E&O policy also frequently includes financial support for litigation in the event of a claim without merit. That means you don’t have to commit your company’s reserves to a lengthy legal battle. Policy limits still apply, so that makes choosing the right policy absolutely essential for any engineering firm or practicing solo architect. While there are one size fits all professional liability policies out there, they have to be a little vague in their definitions. By contrast, a tailored policy is specific, so you can put your money into just the coverage you need with no gaps or over-insurance.

How Public Liability Coverage Can Protect Your Business


When you run a business, liability insurance is a number one priority. Liability coverage protects you against the costs associated with a variety of liability claims. If you do not have coverage, your company has to pay for all damages and legal fees to fight claims against your business. Generally, you will be able to choose between general liability and public liability. For some companies, public liability insurance or PLI may be the better option.

What Is PLI?

Retail stores or other businesses that welcome third-party guests and customers require PLI as a minimum requirement. The purpose of public liability insurance is to protect your company and your assets if a person is injured on your property or suffers property loss or damage while on your businesss property.

What Are the Benefits of PLI?

Investing in PLI is usually cost-effective for companies. The costs are not as high as general liability insurance. Keep in mind that PLI only covers the public when it comes to injuries and damages. For businesses that are just starting out, this can be a more economical choice and a choice that makes sense as a minimal policy.

When it comes to your business, liability insurance isnt an option. Without liability insurance, you have to fit the bill for all injuries or damages incurred on your property.

Running a Profitable and Popular Dry Cleaners

Dry Cleaners

Owning a dry cleaners can be busy work, with a lot of important considerations and moving parts to keep track of. A dry cleaning business can generate six figures of revenue a year, but profit margins can be small. In order to make greater profit, there are some things that owners can do.

Advertise Online

Nowadays many customers looking for a specific service begin their search online. Keep customers coming in by maintaining online advertising and encouraging customers to leave positive feedback on online review sites.

Promote Other Services

Does your dry cleaners offer services like pressing, delivery, or special care for certain fabrics or garments? Ensure that customers are aware of these services and upsell them whenever possible.

Provide a Great Customer Experience

Providing friendly, personable service in a clean and well-kept facility will garner positive reviews, attract new customers, and keep the ones you already have. Make sure facilities are clean and pleasant to be in, and provide prompt and personal service to each customer.

Salaries for owners of dry cleaners can vary, but you can increase yours by following certain steps. Maintaining a positive online presence, providing above and beyond services, and cultivating a pleasant customer experience can help attract and retain customers and improve your profits.

Real Estate Brokers VS. Realtors: The Difference in Insurance Coverage Needs

Real Estate Brokers VS. Realtors

Unfortunately, in the real estate industry, lawsuits are common. Unhappy clients are prone to filing lawsuits, particularly over mistakes or bad advice. Insurance products are necessary to protect any person in the real estate business. However, if you are a broker or an agent, your insurance options may vary.

What Brokers Need

Brokers are liable for themselves and their agents. On one hand, all brokers need errors and omissions coverage. While agents may also have E&O coverage, the broker is still legally liable for the agents behavior. Also, if a broker has a building, he or she needs property insurance. Likewise, if he or she has agents, clients or guests visiting the office, general liability is important. General liability protects against property damage and injury.

What Agents Need

In general, real estate agents are liable for their actions, rather than the actions of others. If you are an agent, then you are more likely to face a lawsuit based on advice that you gave, particularly when your advice doesnt have the outcome the client hoped for. Most agents need errors and omissions insurance. This protects against lawsuits filed by clients.

When it comes to broker vs. realtor liability, the major difference is that brokers have more liability risks. They tend to need more insurance options than agents.

Advantages of High-Value Homeowners Insurance

Homeowners Insurance

Purchasing home insurance can be a complex task, but if you own a high-end home, the stakes can be even higher. When looking for homeowners insurance in New Mexico, there are several benefits to choosing a high-value policy over traditional options.

Higher Coverage for Replacements

Standard homeowners insurance covers the appraised value of your home, not the replacement cost. If you live in a home with custom finishes that are hard to replace, rebuilding your home may cost much more than the appraised value. Likewise, collections that are expensive to replace may not be sufficiently covered by a standard policy, which usually sets a maximum coverage limit of half to three-quarters of the home value for possessions.

Additional Coverage and Services

Most homeowners insurance policies cover your home, possessions, and some liability. High-value coverage can offer higher liability limits for household employees, personal protection, flood insurance, and even identity theft coverage. The greater risks associated with high net worth makes these valuable additions.

Potential Savings

Traditionally, homeowners who need expanded coverage in certain areas purchase riders. These can cover specific valuables, floods, or liability risks. Someone who needs several of these would see the cost quickly add up, potentially costing more than a high-value policy.

The underlying hope of homeowners insurance is that you should never need to use it. However, if you have a luxury home, opting for a high-value policy may provide the additional coverage you need to fully recover if you have to.

Educators’ Liability Insurance: Why It’s a Must for All Educators

Educators' Liability Insurance

As an educator, your students are your priority. You do what you can to teach them everything they need to know. But did you know that you can be liable for certain issues that arise inside and outside the classroom? Educators’ professional liability insurance can help protect your finances and your professional reputation.

Why You Need the Coverage

No matter what capacity you work in at the school, whether youre a teacher or an administrator, you interact with students throughout the day. You assume responsibility for those students when theyre at the school. Unfortunately, people are filing more lawsuits against educators for various reasons. These include the following:

  • Hiring unqualified staff members
  • Allegations of sexual assault
  • Allegations of physical assault
  • Violation of civil rights
  • Failure to respond to dangerous situations
  • Failure to provide quality education

The risks you face as an educator can result in serious legal fees and high settlement amounts. By investing in personal liability coverage for educators, youll be able to protect your personal finances if you ever face a lawsuit.

What the Coverage Does

If youre sued by a student, parent or another staff member, your personal liability insurance will help cover your legal fees and settlement amounts. This allows you to retain your personal savings for the things that matter most.

Liability suits happen all the time. Make sure youre protected with the right coverage for your needs.

Understanding the Basic Types of Liability Insurance for Nonprofit Organizations

Nonprofit Organizations

For the most part, nonprofit organizations operate like any other business. However, there are some key differences. Among those is the need for certain types of insurance. Research into nonprofit liability insurance shows these basic components that you should be aware of.

General Liability

As with any type of business, nonprofits must protect their assets with appropriate liability insurance. This should offer sufficient limits to limit any losses if a claim is made.


Ensure that any contractors you work with to provide services are fully insured. Consider asking to be named as an additional insured on their policy for an added layer of protection.

Directors and Officers

Nonprofit directors and officers can be held liable for damages caused by the organization. Common claims that your D&O policy should cover include:

  • Organizational mismanagement
  • Improper employment practices
  • Copyright or trademark infringement
  • Slander and defamation
  • Invasion of privacy


Many nonprofits utilize volunteers to further their mission. Just like a paid employee, those volunteers can be injured or cause injury to others. That makes them a potential liability. There is also a risk of fraud, embezzlement or other forms of dishonest behavior. Any volunteer liability coverage should address these concerns.

Each nonprofit organization has a unique set of needs and requirements. Understanding what each type of insurance covers can help you determine exactly what coverage you need.

Addressing the Risks of Your Industry Through Sensible Insurance

Sensible Insurance

If you operate a business within the energy industry, you have your work cut out for you in terms of addressing daily hazards. There are a ton of risks involved when you work with volatile resources like gas and oil. Thankfully, you can protect yourself, your workers, and your assets with a little forethought. Taking out a practical insurance policy that covers all your bases, for example, is an essential move to make.

Begin With the General Risks

One of the best ways to go about finding appropriate insurance coverage is by addressing the most common hazards in oil and gas industry environments. This will give you a general idea of what areas you need to focus on with your policy. Next, consider the specifics of your particular business. While you can cover a lot with a general policy structured for your industry, your company still likely faces some risks that are unique to your specific business. Focus on these points to round out your plan in a way that fully protects you. Additional points to consider include:

  • Damage to rigs and other equipment
  • Contamination to local sources of water
  • Subsurface collapses

Create a Robust Plan

By beginning with the general risks of your industry and then pinpointing more specific hazards, you can create a truly comprehensive insurance plan. Put in the work and see how it pays off.

The Ins and Outs of Boat Builders Liability

Boat Builders Liability

The construction of boats can be a complicated and involved process. If you operate a business that specializes in this service, you likely have a ton of questions about your current insurance coverage. Operating a business in a specific field like boat building can be complicated and you want to be sure you are protected from all possible risks. Review these general points to make sure youre taking all the proper precautions.

Protect Your Business

As with a number of insurance policies, boat builders liability is an option that will depend largely on the nature of your work. The construction of luxury vehicles like yachts can be expensive. Whats more, a client tasking you with this job is expecting you to deliver results regardless of external factors. Should you experience setbacks due to a natural disaster, the client might not have the patience to wait until youve sorted things out. With a liability package, your insurance can help you maintain good relations with clients. Additional options to consider include:

  • Crime insurance to guard against theft
  • Coverage for machinery and molds involved in construction
  • Property coverage for piers

Review Your Options

As long as you take out the right insurance package, you can provide yourself with the peace of mind you need to succeed. Look over the details and discover more about which policy fits best for your company.

How Taxi Drivers Can Improve Tips

Taxi Drivers

In contrast to other industries, there isn’t a universally agreed-upon formula for how good service from a taxi driver should be tipped. As a result, tips can vary dramatically from one passenger to the next. It can be easy for a driver to feel helpless about the value that they generate in tips. However, a few simple techniques can help them improve the total value of their tips every day.

Be Personable and Friendly

A smile and friendly attitude can go a long way towards encouraging tips as a taxi driver. A driver should make it a point to introduce himself or herself. After passengers share their name, addressing them by their name can help to make them feel engaged.

Review the Route

As soon as a driver sets out towards passengers destination, he or she should ask them if they have a preferred route or if they are okay with using the route provided by a GPS. Customers will appreciate being asked for their input.

Be Welcoming to Out-of-Towners

A person who is unfamiliar with an area may like to hear more about it. If a passengers indicate that they’re visiting from out of town, drivers should make an effort to tell them a little about the area and highlight some points of interest.