In addition to a lawyer and accountant, another professional to be incorporated during the process of establishing the new company will be your insurance agent. It may be helpful to have an agent to handle your needs for business insurance.
What type of business insurance should you get for your business?
Engineers’ and architects’ professional liability insurance policies are “indemnification policies” which means that the insurance carrier agrees to “make whole” any party that suffers loss or injury resulting from “negligent deliverance of professional services” up to the available limits of the professional liability insurance policy. Negligence is the operative word meaning that the standard of care is the “ordinary man” standard (not perfection).