As a leading architect & engineers insurance company , our team at Fenner & Esler is proud of our well-deserved reputation we have earned over the years. The fact that we’re an independent insurance brokerage means that we’re capable of offering architect & engineers insurance at a level that will suit the size of the company and the scope of their projects. This makes the AE’s Errors & Omissions Insurance Coverage we will offer very cost effective.
Even if an allegation is unfounded, the financial catastrophe that may result from this type of legal conflict makes obtaining the services of a top architects and engineers insurance broker essential. Having Errors & Omissions Insurance For architects & engineers will provide you with reassurance in case of a litigation, as covering these costs can easily go over thousands of dollars. So that you do not wind up paying for protection which you’ll never need, we provide policies that are able to be scaled.
The importance of obtaining quality coverage from a respected architects & engineers insurance company is something which many people just getting started as design professionals underestimate. A lot of companies make the mistake of believing that their commercial general liability, or CGL coverage is enough, despite the fact that it only protects against financial losses that could occur from personal injury or property damage as a result of your services or place of business. Errors and Omissions however is what engineers and architects need special coverage against. This is something that is capable of occurring to any design professional regardless of experience, and this kind of mistake would have to be covered out of your own pocket. It is important to take into account the fact that legal fees can be quite substantial, even if a client makes a claim and you’re found not liable. Many own small-scale firms and decide this isn’t something that’s worth investing in. However, these kinds of lawsuits have the ability to devastate many smaller firms, so this is far from the truth. Trust Fenner & Esler’s services as a leading architects & engineers insurance company instead.
Architect Insurance Company
There are many reasons why professional architect & engineers insurance is a vital aspect of your risk management strategy. While a lot of them are aware of how important it is to have a general liability insurance plan, they fail to realize that a professional liability insurance plan offers other advantages that are essential. A few examples include:
- Covers legal costs
- Covers damages up to the your policy’s limit
- Helps you continue operating during a lawsuit
- Protect against frivolous claims
- Provide help with risk management strategies
To make sure you are getting a plan that works for you, you need a trusted architect & engineers insurance company on your side. This is the reason you need Fenner & Esler.
Engineers Insurance Companies
Also, employment practice liability insurance for A & E is something we provide. Nearly all design practice firms employ a staff of assistants and secretaries to keep the office running smoothly. It is a sad truth nonetheless that claims of sexual harassment, discrimination, and wrongful termination do arise in even the closest of architecture and engineering firms. To protect your company when these circumstances appear, Fenner & Esler offers employment practice insurance for AE’s that’s both affordable and exceptionally effective.
What To Look For From An Engineer and Architect Insurance Company in Rhode Island
Working with Fenner & Esler is a wise idea when you are in need of architect & engineer insurance coverage for a lot of reasons. Here are several:
- We have decades of experience
- We possess extensive knowledge of the industry
- We work with a broad range of carriers
- We offer risk management services
- We’re capable of meeting your individual needs
Be sure you get the right architect & engineer insurance coverage for you by visiting us at Fenner & Esler.
We’re also the greatest approved insurance company for AIA members, ACEC member firms and NSPE members employment practice insurance. Saving you thousands of dollars in premiums, we provide offer insurance policies approved by the AIA, NSPE, and ACEC of the highest quality. Having AIA members, ACEC member firms and NSPE members EPLI, together with our customized risk management strategies, provides you with the protection to practice your business without worrying about potential lawsuits.
In regards to dealing with an architects & engineers insurance company, balancing value and coverage is absolutely essential. This is what makes it challenging to work with a larger brokerage and not in your best interest. The bigger the broker the more you will find you are being fit into a one size fits all policy and the less individualized attention you’re getting. No two firms are the same. Offering you policies that are flexible and fair as an independent architects & engineers insurance company is that which we strive for. If you get insurance from a bigger brokerage, you discover that many times you are forced into a policy where you’re paying extra for coverage that isn’t going to be required by your firm considering the work you do. Conversely, you could discover that you’re forced into a policy that’s more cost-effective but where you now no longer have all the coverage you require if you attempt to rectify this situation. If you’d like to be sure that your policy will not force you to pay for services you will not require but you’re going to still have all the coverage you need, work with the insurance specialists at Fenner & Esler to ensure that balancing value and coverage will not be an issue you’re going to need to be concerned about.
Architects & Engineers Liability Insurance Company
We make it simple for you at Fenner & Esler if you are searching for insurance from a leading architect & engineers insurance company serving Rhode Island. Do you already have a policy? Having an expert like Fenner & Esler review it and see if we can do better might be a wise idea. Among the benefits of working with us is that we stay up to date with changes in the business when it comes to requirements and standards. Additionally we’re capable of offering individualized service which you’d be incredibly hard pressed to obtain from larger online architect and engineer insurance brokers, which means you might not be receiving the best deal that is right for you. If you’d like to apply for coverage we make it simple on our website with separate forms for small firms when your billings are less than $1,000,000 and one for large firms if you’re over. Don’t hesitate to call us at Fenner & Esler right away.
Engineer Liability Insurance Coverage
You need to deal with a quality A & E E & O company that has extensive knowledge of the design industry like Fenner & Esler whenever you are seeking an architects & engineers insurance company. If you are trying to locate the best architects & engineers insurance broker, Fenner & Esler is the way to go.