ASCE Member Insurance Blog

What You Need to Know About Liability Clauses

Posted on 3/13/2015 by ASCE Insurance in Contracts Legal Liability Clause

Many architects and engineers incorporate a limitation of liability clause into their contracts. A limitation of liability clause is exactly what it sounds like: a clause that limits your liability in the event of a claim. Limitation of liability clauses establish “a contractual ceiling on the amount of damages to be awarded if a plaintiff prevails in later litigation between the contracting parties.” Therefore, a limitation of liability clause is a useful precautionary piece of armor to include in your contract.

By Sarah A. Johnson, Esq.

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