Interior designers are creative individuals with an eye for color and style, and
a passion for designing attractive and livable spaces. Interior designers work with
lighting, furniture, decorative accessories, and exterior elements of a person’s
home or a company’s office. With the success an interior designer finds during her
career, comes the increased potential for possible claims of incompetent work. With
this type of risk, insurance for interior designers is crucial as it will protect
her from a variety of liabilities and claims from previous clients. A variety of
professionals in the interior design industry can benefit from interior designer
insurance, including freelance interior designers, commercial interior design agencies,
and independent interior design agencies.
Types of Interior Designer Insurance
A plentitude of insurance policies are available for interior designers to cover
claims such as failing to deliver the product on time, modifying design plans without
the client’s consent, having a client and designer miscommunication, or and a host
of other potential mistakes.
Interior Designer Professional Liability Insurance
If a lawsuit is brought against a fashion designer due to a mistake or error the
designer has supposedly made, professional liability insurance can offer protection.
This includes errors in the design process, delivery times, or the type of work
performed. Professional liability interior designer insurance typically covers legal
fees, cost of damages, and other related fees.
Interior Designer Commercial General Liability Insurance (CGL)
Another type of insurance for interior designers is commercial general liability
insurance. Occasionally there is bodily injury during an interior designing remodeling
project or inside a showroom, such as if a visitor comes in and trips over materials
on the floor or hurts themselves on a sharp edge of a piece of furniture. Commercial
general liability insurance (CGL) for an interior designer offers coverage for this
type of accident.
Interior Designer Employment Practices Liability Insurance (EPLI)
In the event that an interior designer runs a business which has employees who may
potentially file claims against for various business-related wrongdoings, employment
practices liability insurance can cover various fees and litigation costs. This
includes such things as wrongful termination, sexual harassment, mental anguish,
or other types of claims against the interior designer.
Interior Designer Workers Compensation Insurance
If an interior designer has her own business with employees, she will most likely
be required to carry workers compensation insurance. This type of insurance covers
occupational injuries or harm that may come to an employee during work-related tasks,
like setting up new furniture whereby an accident occurred that required medical
Interior Designer Property Insurance
Property insurance for interior designers exists to offer financial protection and
coverage to an interior designer who operates from a showroom or has an interior
designer business. In the case of someone damaging property, breaking in or stealing
merchandise, property insurance can cover the financial loss from these types of
Interior Designer Errors & Omissions Insurance (E&O)
Interior designers benefit from errors and omissions insurance in order to cover
possible legal costs and defense costs from liability claims and judgments made
upon them. Errors & Omissions insurance for interior designers can cover certain
financial losses, court costs and legal defense costs from a variety of claims for
both freelance and independent interior designers as well as interior designer companies.
Insurance for interior designers exists in order to offer optimum protection against
financial burden from a variety of litigations, liabilities, and claims made by
clients or employees. As an interior designer, no matter what type of insurance
you decide to obtain, it will offer protection for unforeseen events and provide
more peace of mind when conducting your interior design business.