The importance of obtaining service from a top architect and engineers insurance company is something that must never be underestimated, regardless of the size of your firm. Given the current unsettled economic climate, architects need to make every endeavor to safeguard their personal finances as well as financial assets belonging to the firm they work with. As a business owner, having all your bases covered is a priority. In the architecture field, this is vitally critical as a small error or omission may result in massive amounts of expensive litigation. Even if you’re found not liable in the end, the price of said litigation is usually enough to wipe out a small or moderately sized firm. The possible damage to your reputation is also something you have to consider. This means that architects insurance is an essential ingredient to a secure future for your business. Fenner & Esler is a highly skilled independent architect and engineers insurance that will help you navigate this difficult course to discover the best architect insurance for you.
Online you’ll discover a lot of architect insurance brokers offering cookie cutter policies. This deters a lot of architects from finding policies that will be capable of meeting their requirements effectively. In reality, the price of those cookie-cutter policies leads many young structural architects to make the choice to go without architect liability insurance, that has the capability to become a career-ending mistake. Beginning architects make this error more frequently than you might think. Many believe it’s better to keep putting money aside in case there is an emergency, believing the only other alternative is paying for expensive insurance services they don’t actually need. There are several issues with this specific scenario, however. First, it becomes far too easy to just take out from the money that was put away, leaving the business in serious trouble should a crisis arise. As numerous lawsuits are filed years after the completion of a project, you can’t know when the money might be needed. Furthermore, many people underestimate how much money they’ll need to spend in legal expenses, even when they’re found not liable. Such lawsuits are known to drag on for years and may devastate or bankrupt your company, not to mention the harm to your professional reputation. Your very best alternative is rather to seek the help of a trusted independent architect insurance brokerage such as Fenner & Esler, as we are able to locate architects insurance which is going to fit your exact requirements.
Architect Insurance Company
Locating a quality architect liability insurance company can be challenging considering how many online insurance offers you will surely run into. In addition to sorting through so many different insurance carriers, it is hard to compare the advantages of various policies since they have various riders, exclusions, and deductibles. If you need a comprehensive policy for architects liability insurance, it will generally be extremely expensive and may over-insure architect in small firms or solo practices.
Architect Insurance Companies
We’ve worked with design professionals for years as an independent architect insurance company, and so we’re well aware that no two architecture firms have the exact same requirements. Given the variations in the nature of the projects and the expertise of the professional in the firm, each company has to deal with unique risks, so their requirements in terms of architects liability insurance additionally vary. Unlike many of the larger architects insurance brokers, we take the time to listen to all of your concerns and understand your business needs. This way we can use our business experience to come up with a comprehensive architects insurance policy with coverage from A-rated carriers which will be certain to fit your needs precisely. In this way you not only have an architects insurance policy that’s affordable, but provides you with the exact 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 architect liability 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 responsibilities are with the companies with which they work. Partnering with an independent architect insurance company such as Fenner & Esler also offers you the ability to benefit from our thorough knowledge in creating customized architects insurance policies that will also provide you flexibility throughout different stages your career.
Architects Insurance Brokerage
What you won’t get from a one-size-fits-all architects insurance policy from larger online architect insurance brokers is the best practices for risk management in the design industry. If you choose to study this info yourself it’s time consuming, and then you still must determine not only if a particular recommendation pertains to your practice but if it’s consistent with your state’s laws and ordinances. Fenner & Esler is your partner in risk management in addition to developing custom architect E&O insurance policies. We shall notify you of new industry practices that pertain to your practice, look over contracts, and provide regular guidance on means by which you can safeguard your company. In this way, we can supply you with the reassurance you need in order to focus on your business rather than being worried about frivolous litigation. With Fenner & Esler on your side, you can be sure you are getting architect insurance from a company you can trust to keep the big picture in mind without neglecting any detail.
Architects & Engineers Insurance Company
We have strong connections with solid top rated architects insurance coverage carriers, which is what makes us a great choice for an independent architect insurance company. Our clients know they can depend upon their architects’ professional liability insurance policy in case it’s ever needed. For beginning architect getting started in the business, we offer professional liability insurance packages that are scalable. As businesses grow, we can adjust your coverage so that you are consistently safeguarded in case a client brings forth allegations of negligence or defective design. For architects preparing to retire, we come up with inexpensive tail insurance policies that provide protection in case a former customer chooses to file a lawsuit years after a project is finished. This is one of the reasons we’re a top choice for those looking for architects insurance companies.
Architects Insurance Brokerages
At Fenner and Esler, we don’t ever take our strong reputation for granted. We provide service for a broad variety of design professionals, supplying architect insurance, surveyor insurance, and environmental consultants insurance as well. It does not matter if you are looking to renew your architect insurance, figure out if you really have the correct amount of architects errors and omissions insurance coverage, or investigate new alternatives for your plan. We will be here to hear your concerns so we can address your needs with the very best policy and risk management strategy. For effective protection for your practice, contact Fenner & Esler, a quality independent architects insurance company.