How much does professional liability insurance cost for an architect?

The cost of professional liability insurance for an architect typically ranges from $1,000 to $3,000 per year, depending on factors such as the size of the firm, its location, and the specific coverage limits chosen. Smaller firms or individual architects may pay less, while larger firms with more complex projects may incur higher premiums. Additionally, claims history and the type of projects undertaken can also influence the overall cost. It's advisable for architects to shop around and compare quotes from different insurers to find the best coverage at a competitive rate.