When you are searching for an architects and engineers insurance company, the smartest move is to contact Fenner & Esler. We have been offering customized risk-management options for architectural firms big and small for more than three decades. We’re able to individually satisfy the needs of our customers because we’re an independent architects insurance brokerage with a wide range of A-rated insurance carriers. This prevents our customers from paying for coverage they’ll never use or running the risk of being under-insured. Our scalable architect liability insurance means you could increase coverage as your company grows, or cut down coverage during slower times, which keeps insurance affordable for our clients.
We provide architects and engineers insurance policy solutions during your whole career. Many architects are discouraged by the one size fits all architects PL insurance policies they find online, preferring to go without insurance entirely. But, the price of one errors and omissions lawsuit might be economically devastating to a small firm. Our architectural professional liability insurance specialists help architects starting out in the field in choosing the architect insurance coverage options that are both affordable and supply adequate coverage in the event of a claim. We are industry experts, and may help young architects come up with a thorough risk management strategy.
Architect Insurance Company
Until a lawsuit occurs, lots of experienced architects think they are fully covered by their own company’s architects insurance. Lots of times there are limitations of liability with specific policies, and though often they are covered, many times architects see that they are individually named in a negligence claim and have no recourse. The experienced architect insurance specialists at our independent architects PL brokerage work with mid career architects to make sure they’ve got complete protection in the event they are named in an errors and omissions lawsuit.
Architects & Engineers Insurance
As with most professional fields, the majority of architects don’t stay with the same firm for their entire career. In most situations, the company’s architects insurance is going to cover any claims for work their employees have completed, but if the company goes out of business, this defense can end. Should a former customer makes a negligence claim, this can become a serious problem. Should the architect’s signature and seal be found on the work products associated with the project being targeted by the claim, the risk of liability can increase considerably. As an independent architect insurance brokerage, we’re able to help architects in obtaining architects insurance that will offer protection from the financial impact of such claims while still being affordable.
Because the coverage and benefits of various architect insurance policies vary, one of many advantages of independent architect errors and omissions insurance brokers is that they are in a position to assist you in finding the best policy for your personal needs. Many policies come with a limitation on the amount and nature of defense expenses which will by covered under your particular policy. With Fenner & Esler you’re not going to have to worry about any unpleasant surprises down the road since one of our representatives will personally go over all aspects of your architect’s insurance options with you.
Architect Insurance Broker
We are able to provide you with various ways that you’ll be able to lower your architects insurance premiums, which is another benefit of working with an independent architects insurance broker. One example is that architects displaying evidence that they’re continuing in their education efforts are entitled to specific discounts and incentives from some architect insurance providers. Furthermore, independent architects PL companies help in developing sound risk management practices so as to reduce the chances you’re going to need to file a claim. The technology dangers that are connected with your work are one example of the factors we take into account. Taking it a step further, we will perform comprehensive reviews of your contracts to make sure you are not taking on any risk for a project than is absolutely needed, along with personalizing risk analyses to your specific practice.
At Fenner & Esler we supply a broad variety of alternatives for insurance for different design professionals. This includes:
– Architect Insurance
– Engineer Insurance
– Structural Engineers Insurance
– Environmental Consultant Insurance
– Surveyors Insurance
Architect Insurance Brokers
Legal actions that claim negligence in a job can be brought forth years after an architect has completed the project, meaning that even in retirement it’s necessary to have an architects insurance policy is important even in retirement, as claims of negligence might be brought forward years after an architect has completed the project in question. As design industry experts, our Fenner & Esler group can make sure you have protection even through your retirement years. If you’re looking for a quality architect insurance broker who will deliver effective protection, give Fenner and Esler a call.