Regardless of size of your firm, the importance of getting service from a top independent architects & engineers insurance company should not ever be underestimated. The current economic climate means that it’s important for architects to do everything in their power to safeguard their personal finances, as well as those of the firm they work with. It is always a priority as a business owner to ensure you have all your bases covered. In the architecture area, this is vitally important as a small error or omission may result in massive amounts of expensive litigation. The price of such litigation is normally enough to wipe out a small company, even when you are found not liable in the end. The potential damage to your reputation is also something you need to consider. To secure the future of your company, architects insurance is an essential ingredient to success. Fenner & Esler is a highly experienced independent architects insurance company that can help you navigate this challenging course to discover the best architects insurance for you.
The cookie cutter policies found from other architects & engineers insurance companies on the internet deter many architects from getting policies which are effective and will fit their needs. Actually, the cost of these cookie-cutter policies leads many beginning structural architects to make the decision to go without architects insurance, that has the capacity to be a career ending mistake. Beginning architects make this error more often than you may expect. As opposed to paying for insurance services they won’t need, they put aside money in the event of an emergency. There are several problems with this specific scenario, however. To begin with, taking from the cash that was reserved is much too tempting, and should a serious issue come up out of the blue, the financial security of the firm is suddenly in question. You can never be sure when you’ll need the coverage as lawsuits might be filed years following the completion of the project. Secondly, underestimating how much money is going to be needed for litigation is common. Lawsuits can drag out for years and bankrupt your business, not to mention destroying your reputation. Architects & engineers insurance can also help you protect against claims of negligence even if unfounded. Finding an independent architects insurance company that is able to provide scalable architect insurance to suit your exact needs is a much better solution, and one that will ensure the ongoing future of your business.
Architects Insurance Company
Considering the number of online insurance offers you will find, it’s not easy finding the best architects & engineers insurance company. Along with looking through so many different insurance carriers, it is difficult to compare the benefits of different policies as they have various riders, exclusions, and deductibles. The few uncomplicated policies that claim to offer complete architects professional liability insurance have a tendency to be very expensive and often over-insure architects in solo practices or small businesses.
Things You Need To Know About Architects Insurance Coverage
Working with a professional liability architect insurance company is an important aspect of your career, which is the reason keeping a few facts in mind is essential. Examples include:
- Both you and the client benefit from professional liability insurance
- You may get more clients as a result
- It is important no matter how small or large your projects may be
- Even if you are retired, having a policy in place is important
Would you like to find out more about what we can offer as a professional liability architect insurance company? Fenner & Esler has specialists standing by to speak with you.
Architect Insurance Companies
We are an independent architects insurance broker and possess years of expertise dealing with design professionals. As such, we recognize that no architecture firms are the same. Every firm will encounter various kinds of risk depending on the expertise of the professionals and the kinds of projects they undertake, leading to different needs from their architect PL insurance. With Fenner & Esler, you can be certain you’ll receive individualized attention you will not get from larger architects insurance brokers. Based on this information, along with our business knowledge, we develop a comprehensive architects errors and omissions insurance package with coverage from A-rated carriers customized to fit the distinct requirements of our clients. The advantage of an independent architects insurance brokerage such as Fenner & Esler is that you will have the correct level of insurance coverage at a cost which you can afford.
For the past three decades, our team at Fenner & Esler has worked hard to acquire our reputation as a top quality engineers and architects insurance company. We work in your favor as an independent architect insurance company, as our first loyalty is to you , not an insurance provider. One other advantage of partnering with an independent architects insurance company is that our representatives use their in-depth understanding of the risks that come with the design industry to craft individual insurance policies that match the needs of your company today, which possess the flexibility to change because your insurance requirements differ in each individual period of your career.
Independent Architects Insurance Broker
If you purchase a one-size-fits-all architects insurance policy that you find from many larger online architects insurance brokers, you do not typically get information about the design industry’s best practices in terms of risk management. Spending time studying this information on the internet and determining whether a specific recommendation will affects your practice and is consistent with the laws and regulations in your state is time consuming at best. Fenner & Esler is your partner in risk management in addition to developing custom architects E&O insurance policies. We’ll notify you of new industry practices that pertain to your practice, look over contracts, and provide continual guidance on means by which you can protect your business. This way, we are able to give you the peace of mind you need so you can focus on your business instead of being worried about frivolous litigation. If you want architects PL insurance, work with an independent architects insurance brokerage you can trust to not overlook any detail, while still keeping in mind the big picture. This is why so many companies rely on Fenner & Esler if they require an architects & engineers insurance company.
Trusted Architects & Engineers Insurance Company
As a top quality independent architects insurance company, we have developed and maintained relationships with solid A-rated architects liability insurance carriers. Our clients understand they can rely upon their architect’s professional liability insurance policy in the event it is ever needed. Being architects liability insurance professionals, we come up with professional liability insurance packages for young architect that are scalable just starting in the business. This way, as you get more business, your coverage could be scaled up to reflect the amount of protection you’ll need. As former clients could potentially file a lawsuit years after the job is completed, we also offer affordable tail insurance plans to provide this kind of protection for architect once they’ve retired. This is one of the reasons we’re a leading option for those trying to find architects insurance brokers.
Architects Insurance Brokerages
At Fenner and Esler, we never take our strong reputation for granted. In addition to our services for architects, we also supply environmental consultant insurance, surveyors insurance and architect insurance, providing service to a wide range of professionals in the design industry. It does not matter if you’re planning to renew your architects insurance, figure out if you possess the right amount of architects errors and omissions insurance coverage, or research new alternatives for your plan. We will be here to listen to your concerns so we can address your needs with the best policy and risk management strategy. If the financial viability of your practice is at stake, trust a top quality architects liability insurance company in the industry, Fenner & Esler.