Fenner & Esler is not only a top rated architect & engineers insurance company, but we also provide design professionals with the best alternatives for employment practice liability insurance for architects. The majority of architects and architects have some employees, made up of administrators and assistants. In any innovative business, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which can lead to issues in terms of legal obligations associated with the employer position. To safeguard the financial success of your business as a whole going forward, architects employment practice insurance is an investment that’s indispensable.
Legal issues appear in even the closest of design firms, making seeking out architect employment practice insurance from a respected independent architect and engineers insurance company like such as an absolutely indispensable investment. While a comprehensive human resource policy and procedure can serve as the inspiration for protecting you from liability problems, it is not enough when a lawsuit occurs. Even lawsuit that’s frivolous can be devastatingly costly to defend. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, discrimination or harassment, for example) a buffer zone might be required to avoid the expense of the suit from impacting the organization in a negative fashion. Architects employment practice liability insurance offers coverage, up to the limits of liability, for the cost of litigation along with the expenses for any settlement of the case.
Architect Insurance Brokerage
When you ask an insurance company to provide you with engineer employment practice insurance, they will first ask to obtain a copy of all internal documents relating to your human resource procedures. If the business works with an independent architects or architects insurance company who specializes in EPLI for architects, the broker can ensure that policy and procedure manual has the information that is required by the insurance companies. Also, the experienced insurance professional has the knowledge presenting the program for coverage so that the business can get the protection it needs for the least expensive premium possible. insurance companies additionally possess an understanding of engineer employment practice liability insurance which permits them to offer advice and support should an employee make a claim.
Architect Insurance Companies
The majority of architect & engineers insurance coverage policies will only cover claims made during the lifetime of that policy, therefore it is crucial to make certain that the coverage is active constantly. While some carriers offer a rider for retroactive coverage, it can be more costly. Someone new to the process can find themselves easily overwhelmed by all the options which are available. This is the reason we’re here to help as an architect & engineers insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s specialists in architect and engineers insurance coverage work with a select team of A-rated insurance carriers to assist your firm in obtaining the most cost-effective plan that addresses your needs, ensuring that your enterprise consistently enjoys protection from litigation associated to employee problems.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of architects & engineers insurance coverage by supplying a wealth of effective options. As an independent brokerage, we can individualize insurance policies that will fit your precise needs, unlike larger architects and engineers brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.