Fenner & Esler is not just a top rated architect & engineers insurance company. We also offer design professionals with the finest alternatives in terms of EPLI for architects. Most architects and architects have some employees, comprised of administrators and assistants. In any creative business, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal obligations related to the employer status. In order to protect the long-term financial viability of the design firm, it is crucial to carry architects EPLI.
Employment issues can arise in any company., making seeking out architects employment practice liability insurance from an experienced independent architect and engineers insurance company like such as an absolutely essential investment. Even if you are confident in your HR structure to protect you from liability in many situations, there will come a time when you are facing some sort of legal action. Going to court is a costly procedure even if you win the case. When a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for instance) a buffer zone may be needed to avoid the cost of the lawsuit from affecting the business in a negative fashion. Architects employment practice liability insurance can cover the full charges of defending a case, and take care of a settlement should the situation need it.
Architect Insurance Company
When submitting an application for architects EPLI, it is typical for the insurance carrier to ask for a duplicate of the firm’s human resources policy and procedure manual. Independent architects and architects insurance companies that specialize in engineer employment practice insurance is going to be in a position to examine these records and ensure that they’re fit for purpose. An agent can also tailor the program to ensure the client’s application suits their business needs, while also seeking for the lowest possible premium. Brokers additionally have an awareness of engineer EPLI that allows them to offer guidance and help if an employee makes a claim.
Architects Insurance Companies
Our policies for architect & engineers insurance coverage work on a claims-made basis; for this reason, it’s imperative that coverage is maintained continuously, otherwise the firm might not be covered. It is possible to find insurance that may cover activities in the past, but the rates on such policies will be more costly. Someone new to the process can easily find themselves overwhelmed by the wealth of choices which are available. This is why we are here to help as an a&e insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler architect & engineers insurance coverage specialists are professionals in the field and will find an insurance solution with an A rated provider that’s customized just for you in Massachusetts, ensuring that the equilibrium of your company is always assured.
Fenner & Esler has been serving the needs of design professionals in need of architects & engineers insurance coverage by providing a wealth of effective options since 1923. We’re an independent brokerage. This means that unlike larger architect and engineer we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.