The importance of getting service from a top independent architects & engineers insurance company is something which should never be underestimated, whatever the size of your firm. Given the current unsettled economic climate, architects must make every effort to protect their personal finances as well as financial assets of the firm they work with. Making certain your company has all of its bases protected is important for any business owner. This is very important in the architecture business since costly litigation can result from one little error or omission. Even if you are found not liable in the end, the cost of said litigation is often enough to wipe out a small or medium sized firm. The potential damage to your reputation is also something you should consider. This means that architect insurance is an essential ingredient to a secure future for your company. As an independent architect insurance company with experience, Fenner & Esler can help you navigate this difficult course to find architect insurance that will work best for you.
Options for Architects Insurance in Tennessee
Online you will find a lot of engineers and architects insurance brokers offering cookie cutter policies. This stops a lot of architects from finding policies which are going to be capable of meeting their needs effectively. Many young architects make the potentially career ending blunder of not having structural architect liability insurance at all, because they may be so frustrated with these cookie cutter plans. You might be surprised at exactly how many times young architects make this error. Many believe it’s better to keep putting aside money in case of an emergency, believing the only other choice is paying for costly insurance services they don’t really need. There are many issues with this scenario, however. First of all, taking from the money that was reserved is much too easy, and should a serious problem arise out of the blue, the financial security of the corporation is now in question. Many court cases are filed years after the project has been completed, which means you won’t ever know when you may need coverage. Secondly, underestimating how much money is going to be needed for litigation is common. Lawsuits may drag out for years and bankrupt your business, as well as ruining your reputation. Architects & engineers insurance can also help you protect against claims of negligence even if unfounded. Finding an independent architect insurance company that is able to provide scalable architect insurance to suit your exact needs is a much better alternative, and one which will ensure the future of your business.
Architect Insurance Company Serving Tennessee
Finding the best architects & engineers insurance company can be difficult considering the number of online insurance offers you will encounter. Various insurance carriers have various exclusions, deductibles, and riders, which may make it hard to compare the various policies they have. If you need a complete policy for architect insurance, it will typically be incredibly costly and may over-insure architect in small firms or solo practices.
What You Need To Know About Architects Insurance Coverage
Working with a professional liability architects insurance company is a vital part of your career, which is the reason keeping a few facts in mind is important. Some examples are:
- Even if you’re retired, making sure a policy is in place is essential
- It’s essential regardless of how small or large your projects may be
- It can help you get more clients
- PL coverage benefits both you and the client
Contact the experts at Fenner & Esler today to find out more about what we can offer as a professional liability architect insurance company.
Architect Insurance Companies
As an independent architect insurance company with a great deal of expertise helping design professionals, our team at Fenner & Esler realizes that no two architecture firms are alike. Their needs in terms of architects liability insurance will vary since the nature of the projects they take and the experience of the professionals involved will lead to various kinds of risks. At Fenner & Esler, we take the time with each one of our clients to understand their business and listen to their concern. This way we can use our industry experience to develop a comprehensive architects liability policy with coverage from A-rated carriers that will be sure to match your needs exactly. The benefit of an independent architects insurance brokerage such as Fenner & Esler is that you’ll have the proper level of insurance coverage at a cost which you can afford.
Trusted Choice for Architect Insurance in Tennessee
Having more than three decades experience providing architects & engineers insurance, you’d be hard-pressed to locate a better independent engineers and architects company. As an independent brokerage that specializes in meeting the insurance and risk management requirements of our clients, our dedication lies with the design professional we serve as opposed to insurance agents whose obligations are with the companies for which they work. Another advantage of partnering with an independent architects insurance company is that our representatives use their in-depth understanding of the dangers involved in the design business to craft individual insurance policies that match the needs of your company today, which have the flexibility to change since your insurance conditions differ in each period of your career.
Independent Architect Insurance Broker
With one-size-fits-all architect insurance plans that you find from larger architects insurance companies online, generally you will not get info about the design industry’s best practices for risk management. While you can spend hours researching this information, you still need to find out whether or not a particular recommendation pertains to your practice and is consistent with the laws and regulations in your state. Besides developing custom architect errors and omissions insurance policies, Fenner and Esler can be your partner in risk management. From notifying you of the latest industry practices that pertain to your practice, to evaluating contracts and offering guidance about ways to shield your business, Fenner and Esler supplies you with the peace of mind that you are doing everything possible to protect your company from frivolous claims and costly litigation. If you hire us for architect insurance coverage, you can be certain you will be working with an independent architects insurance brokerage that you can trust with your practice. This is why so many firms rely on Fenner & Esler when they require an architects & engineers insurance company.
Leading Architects & Engineers Insurance Company
Among the reasons we are a great choice for an architect liability insurance company is the fact that we have developed and kept up strong relationships with top rated insurance carriers. Our clients know they can rely upon their architects’ professional liability insurance policy in case it’s ever required. Being architects insurance coverage specialists, we come up with professional liability insurance packages for beginning architects which are scalable just starting in the business. We can adjust your coverage as your business grows, so that your are constantly protected from lawsuits related to alleged errors or omissions. As former clients can potentially file a lawsuit years following the completion of the work, we also offer cost-effective tail insurance policies to provide this type of safety for architects once they’ve retired. This is one of the reasons we’re a top choice for those looking for architect insurance companies.
Architect Insurance Brokers
At Fenner and Esler, we never take our strong standing for granted. In addition to our services for architects, we additionally provide environmental consultants insurance, surveyors insurance and architects insurance, serving a broad variety of design professionals. We are here to listen to and aid you with addressing your concerns, whether you are not sure if you have the correct amount of architects errors and omissions insurance coverage, you’re looking to renew your present architects PL insurance, or you are simply curious what other architects insurance alternatives are available. When the financial viability of your practice is at stake, trust a top quality architect liability insurance company in the business, Fenner & Esler.