Who typically provides professional liability insurance?

Professional liability insurance is commonly provided by general contractors. This type of insurance protects them from claims arising out of negligence, errors, or omissions in the course of their professional duties. General contractors often assume a significant amount of risk as they manage the overall construction process, coordinating multiple trades and ensuring that the project is completed on time and within budget. Given their central role, they require coverage to safeguard against potential legal liabilities that may arise from project management decisions, design errors, or failure to meet contractual obligations.

Other parties, like construction managers, subcontractors, and site owners, may have their own forms of insurance, but they do not typically offer professional liability insurance as a primary function. Each has different roles and risks associated with construction projects; thus, their insurance needs differ from those of general contractors.