What Does Construction Management Professional Liability Insurance Mean?

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What does Construction Management Professional Liability Insurance mean? Read on to discover the definition & meaning of the term Construction Management Professional Liability Insurance - to help you better understand the language used in insurance policies.

Construction Management Professional Liability Insurance

Construction Management Professional Liability Insurance

Claims-made coverage for the numerous professional exposures created by the providing of construction management (CM) services. The terms of coverage are similar to those found in design professional liability insurance but will include a number of specific exclusions that are intended to remove coverage for construction-related claims that are typical of general contracting operations, which are more appropriately covered under the contractor's general liability insurance.

We hope the you have a better understanding of the meaning of Construction Management Professional Liability Insurance.

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