You should never underestimate how important it is to obtain service from a top architects & engineers insurance company, whether your business is big or small. Given the present unsettled economic climate, architects need to make every endeavor to safeguard their personal finances in addition to financial assets of the firm they work with. It’s always a top priority as a business owner to be sure you have all of your bases covered. A single small error or omission in the architecture field can cause a massive amount of costly litigation, so having this insurance in place is incredibly important. Even if you are found not liable in the end, the price of such litigation is normally enough to wipe out a small or medium sized firm. This is not even considering the harm it may do to your reputation. To ensure the future of your company, architects insurance is a fundamental ingredient to success. To aid you in navigating this difficult course, Fenner & Esler is an experienced architect insurance broker that can assist you in finding an architect insurance plan that will be exactly suited to your needs.
Online you will discover a lot of architects insurance brokerages offering cookie cutter policies. This prevents a large number of architects from finding policies which will be capable of meeting their requirements effectively. Actually, the price of these cookie cutter policies leads many young structural architect to make the decision to go without architect insurance, which has the potential to become a career ending error. You might be surprised at how many times young architects make this mistake. A lot of times they determine it is in their best interest to put away funds in case of an emergency rather than pay for insurance services they won’t need. However, there are numerous problems with this specific scenario. First of all, taking from the cash that was put aside is way too tempting, and should a serious crisis arise unexpectedly, the financial security of the company is now at stake. Many court cases are filed years after the project has been completed, and that means you don’t know when you may need coverage. Likewise, many people underestimate the amount of money they’ll need to spend in legal expenses, even when they’re found not liable. These types of lawsuits are capable of bankrupting your firm after being dragged on for years, ruining your reputation in the process. An independent architects insurance broker like Fenner & Esler has the ability to supply scalable architect insurance to suit your precise requirements.
Architect Insurance Company
Taking into consideration the number of online insurance offers you’ll find, it is not easy determining the best architects liability insurance company. In addition to looking through so many different insurance carriers, it is hard to compare the advantages of different policies as they have various riders, exceptions, and deductibles. If you need a comprehensive policy for architects insurance coverage, it will usually be tremendously expensive and may over-insure architects in small businesses or solo practices.
Architect Insurance Companies
We have worked with design professionals for many years as an independent architects insurance brokerage, and so we’re well aware that no two architecture firms have the exact same requirements. Their requirements for architects PL insurance may vary as the nature of the projects they take and the experience of the professionals involved will result in different types of risks. At Fenner & Esler, we take the time with every one of our customers to understand their business and listen to their concern. This way we can use our business experience to develop a comprehensive architect insurance policy with coverage from A-rated carriers that will be sure to fit your needs exactly. The advantage of an independent architect insurance brokerage such as Fenner & Esler is that you’ll have the correct amount of insurance coverage at a cost you can afford.
Fenner & Esler has worked hard over the past three decades to acquire the reputation as the greatest architect liability insurance company. We have an edge as an independent architect liability insurance company as our dedication is to you, the design professional, and not to an insurance company. Partnering with an independent architects liability insurance company such as Fenner & Esler also supplies you with the ability to take advantage of our comprehensive knowledge in crafting personalized architects insurance policies that will also give you flexibility during different stages your career.
Architects Insurance Brokerage
With one-size-fits-all architect insurance plans that you find from larger architects insurance companies online, generally you will not receive information on the design industry’s best practices for risk management. If you decide to research this information yourself it is time consuming, and then you will have to ascertain not only whether a specific recommendation applies to your practice but if it is consistent with your state’s laws and regulations. As well as developing custom architect E&O insurance policies, Fenner and Esler can be your partner in risk management. From informing you of the latest industry practices that relate to your practice, to reviewing contracts and offering guidance about ways to protect your company, Fenner and Esler supplies you with the peace of mind that you’re doing everything possible to protect your company from frivolous claims and costly litigation. With Fenner & Esler on your side, you may be certain you are receiving architects insurance from a company you can count on to keep the big picture in mind without overlooking any detail.
Architects & Engineers Insurance
We have strong relationships with solid A-rated architects liability insurance carriers, which is what makes us a great choice for an independent architect insurance company. You can count on your architect professional liability insurance plan to be there if you need it. We offer professional liability insurance plans that are scalable, so they are ideal for beginning architects that are just getting their company started. As firms grow, we can modify your coverage so that you are always safeguarded in case a client makes allegations of negligence or defective design. For architect preparing to retire, we come up with inexpensive tail insurance policies that offer coverage in case a former client makes the decision to file a lawsuit years after a project is completed. This is one of the reasons we’re a top choice for those looking for architects insurance companies.
Architect Insurance Brokerages
At Fenner and Esler, we never take our strong standing for granted. In addition to our services for architects, we also supply environmental consultants insurance, surveyor insurance and architect insurance, providing service to a broad variety of design professionals. It does not matter if you’re planning to renew your architects insurance, figure out if you have the right amount of architect errors and omissions insurance coverage, or explore new choices for your plan. We will be here to listen to your concerns so we can address your requirements with the most effective policy and risk management strategy. For effective protection for your practice, call Fenner & Esler, a quality independent architects insurance company.