The importance of getting service from a top architects and engineers insurance company is something that shouldn’t ever be underestimated, whatever the size of your firm. The current state of the economy means that it’s more important than ever before for architects to make every effort to safeguard their personal finances as well as the assets of their firm. As a business owner, having all your bases covered is a high priority. One small error or omission in the architecture field can result in a substantial amount of costly litigation, so having this insurance in place is incredibly important. Even if you’re found not liable in the end, the cost of said litigation is generally enough to wipe out a small or moderately sized firm. The potential damage to your reputation is also something you should consider. To ensure the future of your company, architects insurance is a fundamental ingredient to success. Fenner & Esler is a highly experienced independent architect insurance company that can help you navigate this difficult course to discover the best architect insurance for you.
Online you will find a great deal of architects and engineers insurance brokerages offering cookie cutter policies. This prevents a large number of architects from finding policies which are going to be capable of meeting their needs effectively. Many beginning architect make the potentially career ending blunder of going without structural architect insurance coverage entirely, since they’re so frustrated with these cookie cutter plans. Sadly, a lot of architects just starting out make this mistake. As opposed to paying for insurance services they won’t need, they put aside money in case there is an emergency. There are many issues with this particular scenario, however. First, it’s way too easy to simply take out from the money that was put aside, leaving the firm in serious jeopardy should a problem occur. Many lawsuits are filed years after the project has been completed, so you don’t know when you’ll need coverage. Also, a lot of people underestimate how much money they’ll need to spend in legal costs, even when they are found not liable. Court cases can drag out for years and bankrupt your business, as well as destroying your reputation. An independent architect insurance broker like Fenner & Esler has the ability to provide scalable architects insurance to suit your precise needs.
Architects Insurance Company
Considering the different on-line insurance offers, you may realize it challenging to find the best architects and engineers insurance company. Different insurance carriers have different exclusions, deductibles, and riders, that might make it difficult to compare the different policies they supply. If you want a complete policy for architect insurance, it will usually be incredibly costly and may over-insure architect in small firms or solo practices.
Architect Insurance Companies
We’ve worked with design professionals for many years as an independent architect liability insurance brokerage, and therefore we’re well aware that no two architecture firms have the exact same requirements. Given the differences in the nature of the projects along with the expertise of the professional in the firm, each company is forced to deal with unique risks, so their needs for architects PL insurance additionally vary. With Fenner & Esler, you can be certain you’ll receive personal attention you will not receive from bigger architect insurance companies. This way we may use our business experience to come up with a comprehensive architect liability policy with coverage from A-rated carriers that will be sure to fit your needs exactly. By doing this you not only have an architect insurance policy you’re able to afford, but will supply you with the precise coverage you need.
For the past 30 years, our team at Fenner & Esler has been working hard to gain our status as a top quality engineer and architect insurance company. As an independent brokerage specializing in meeting the insurance and risk management requirements of our clients, our dedication is with the design professional we serve instead of insurance agents whose obligations are with the businesses for which they work. Fenner & Esler, as an independent architects liability insurance company can likewise provide you with the ability to create a personalized architect liability insurance policy that can provide you with the flexibility you need throughout your career.
Architect Insurance Broker
With one-size-fits-all architects insurance policies that you find from larger architects insurance companies online, typically you don’t get info about the design industry’s best practices for risk management. Spending time researching this information online and ascertaining whether a particular recommendation will apply to your practice and is consistent with the laws and ordinances in your state is time consuming at best. Fenner & Esler is your partner in risk management in addition to creating custom architect errors and omissions insurance policies. From informing you of the latest industry practices that pertain to your practice, to reviewing contracts and offering guidance about how to protect your business, Fenner and Esler supplies you with the peace of mind that you’re doing everything possible to safeguard your company from frivolous claims and expensive litigation. If you want architect PL insurance, work with an independent architect insurance broker you’ll be able to trust to not overlook any detail, while still remaining focused on the big picture.
Architects & Engineers Insurance Company
We have strong connections with solid A-rated architects liability insurance carriers, which is what makes us a great choice for an independent architect insurance company. You’ll possess the security to understand that if you need it, your architects professional liability insurance policy will be there to shield you. For beginning architects getting started in the industry, we offer professional liability insurance packages that are scalable. As businesses grow, we can adjust your coverage in order that you are consistently protected in case a customer brings forth claims of negligence or defective design. As former customers may file a lawsuit years following the completion of the work, we also offer inexpensive tail insurance policies to supply this type of protection for architects once they have retired. This is one of the reasons we’re a top choice for those looking for architects insurance companies.
Architect Insurance Brokers
We never take our strong standing for granted at Fenner & Esler. We provide service for a large range of design professionals, providing architect insurance, surveyor insurance, and environmental consultants insurance as well. Whether you want to renew your architect PL insurance, ascertain if you possess adequate architects E&O insurance, or you want to investigate different options for a new architect insurance policy, we will listen to your concerns so we recommend the most effective policy and risk management strategy. To find effective protection for your practice, contact Fenner & Esler, a quality independent architect insurance company.