Whatever the size of your firm, the significance of obtaining service from a top architects and engineers insurance company shouldn’t ever be underestimated. The current economic climate means that it’s essential for architects to do everything within their power to protect their personal finances, in addition to those of the firm they work with. As a business owner, having all your bases covered is a top priority. In the architecture field, this is vitally important as a small error or omission can cause substantial amounts of high-priced litigation. Even in situations when you’re found not liable, the legal costs involved could be devastating to a lot of businesses. This isn’t even taking into consideration the damage it can do to your reputation. This means that architect insurance is an essential ingredient to a secure future for your firm. As an independent architect insurance brokerage with significant expertise, Fenner & Esler is able to help you navigate this challenging course to find architect insurance which will work best for you.
The cookie cutter policies you’ll find from other architects and engineers insurance brokerages on the internet prevent a lot of architects from getting policies that will be effective and are going to suit their needs. These one-size fits-all policies are what cause many beginning structural architects to make the career risking mistake of working without insurance entirely. You may be surprised at exactly how many times young architects make this error. Many believe it is better to keep putting away money in case there is an emergency, believing the only other choice is paying for costly insurance services they don’t really need. There are many problems with this specific scenario, however. Firstly, taking from the cash that was put away is much too tempting, and should a serious crisis arise out of the blue, the financial security of the firm is suddenly in question. Many court cases are filed years after the project has been completed, and that means you don’t know when you may require coverage. Likewise, a lot of people underestimate the amount of money they’ll need to spend in legal costs, even if they are found not liable. These types of lawsuits are capable of bankrupting your business after being dragged on for years, destroying your reputation in the process. An independent architect insurance company such as Fenner & Esler is able to provide scalable architect insurance to suit your exact requirements.
Architect Insurance Company
Considering the different on-line insurance offers, you may find it challenging to determine the best architects & engineers insurance company. Different insurance carriers have various exceptions, deductibles, and riders, which may make it difficult to compare the various policies they have. If you need a complete policy for architects liability insurance, it will generally be exceptionally expensive and may over-insure architects in small businesses or solo practices.
Architects Insurance Companies
We have worked with design professionals for many years as an independent architects liability insurance broker, and therefore are well aware that no two architecture firms have the exact same requirements. Given the differences in the nature of the projects as well as the expertise of the professional in the firm, each company encounters unique risks, so their needs in terms of architect liability insurance additionally vary. Unlike many of the larger architects insurance companies, we make an effort to hear all of your concerns and understand your business needs. This way we can use our industry experience to come up with a comprehensive architects insurance policy with coverage from A-rated carriers which will be certain to match your needs exactly. In this manner you don’t just have an architect insurance policy you’re able to afford, but will supply you with the exact coverage you need.
Fenner & Esler has worked hard for more than thirty years to obtain the reputation as the finest architect insurance company. We have an advantage 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 architect liability insurance company such as Fenner & Esler also gives you the ability to take advantage of our comprehensive knowledge in crafting personalized architects liability insurance policies that will also give you flexibility throughout different phases your career.
Architect Insurance Broker
With one-size-fits-all architect insurance plans that you find from larger architect insurance companies online, typically you will not receive info about the design industry’s best practices for risk management. If you decide to study this info yourself it’s time consuming, and then you still must determine not just whether a specific recommendation relates to your practice but whether it is consistent with your state’s laws and regulations. In addition to developing custom architect errors and omissions insurance policies, Fenner and Esler is also your partner in risk management. Fenner & Esler provides you with the reassurance you need to stay focused on your business in a number of ways. We’ll review your contracts, supply you with guidance regarding the most effective approaches to safeguard your firm, and keep you informed regarding the latest industry practices that can apply to your practice. With Fenner & Esler on your side, you may be certain you’re getting architect insurance from a company you can rely on to keep the big picture in mind without neglecting any detail.
Architects & Engineers Insurance Company
Among the reasons we’re a great choice for an architect liability insurance company is the fact that we’ve developed and kept up strong relationships with top rated insurance carriers. Our clients know they can depend upon their architects’ professional liability insurance policy in case it is ever needed. As architects liability insurance experts, we come up with professional liability insurance packages for beginning architects that are scalable just starting in the business. We’re able to adjust your coverage as your company grows, so your are constantly protected against suits related to alleged errors or omissions. Later in your career, your policy may be altered to provide affordable safety in case a former client decides to file a lawsuit years following the completion of a project. This is one of the reasons we’re a top choice for those looking for architects insurance companies.
Architect Insurance Brokers
We have worked hard to earn our status and don’t take it for granted. In addition to our services for architects, we additionally provide environmental consultants insurance, surveyor insurance and architects insurance, providing service to a large range of design professionals. We’re here to listen to and help you address your concerns, whether you are not sure if you have the appropriate amount of architect errors and omissions insurance coverage, you’re looking to renew your current architect PL insurance, or you’re just curious what other architect insurance alternatives are out there. When the financial viability of your practice is at stake, trust a top quality architects insurance broker in the business, Fenner & Esler.