Regardless of size of your business, the importance of getting service from a leading independent architects & engineers insurance company shouldn’t ever be underestimated. Given the current unsettled economic climate, architects must make every effort to safeguard their personal finances in addition to financial assets belonging to the firm they work with. It’s always a priority as a business owner to be sure you’ve got all of your bases covered. In the architecture field, this is vitally important as a small error or omission may result in massive amounts of costly litigation. Even if you are found not liable in the end, the cost of such litigation is commonly enough to wipe out a small or medium sized firm. This isn’t even taking into consideration the harm it can do to your reputation. This means that architect insurance is an essential ingredient to a secure future for your firm. As an independent architect insurance company with experience, Fenner & Esler can help you navigate this challenging course to find architects insurance that will work best for you.
Architects Insurance in Washington D.C.
The cookie cutter policies found from other architects & engineers insurance companies online deter a lot of architects from getting policies that will be effective and will match their needs. In reality, the cost of these cookie cutter policies leads many beginning structural architects to make the choice to go without architect liability insurance, which has the capability to be a career ending error. You may be surprised at just how many times young architects make this error. Lots of times they decide it’s in their best interest to put away money in case of an emergency rather than pay for insurance services they will not require. However, there are many issues with this specific scenario. First of all, taking from the money that was put away is way too easy, and should a serious problem come up unexpectedly, the financial security of the company is now in question. You cannot ever be certain when you’ll require the coverage as lawsuits could be filed years after the completion of the project. Likewise, many people underestimate how much money they’ll need to spend in legal expenses, even if they’re found not liable. Such lawsuits are known to drag on for years and can devastate or bankrupt your company, not to mention the damages to your professional standing. Architects & engineers insurance can additionally help you protect against claims of negligence even if unfounded. Finding an independent architect insurance company which is able to supply scalable architects insurance to suit your exact needs is a much better alternative, and one which will ensure the continuing future of your company.
Architect Insurance Company Serving Washington D.C.
With the various on-line insurance offers, you might discover it a challenge to find the best engineer and architect insurance company. Comparing different policies the insurance carriers will offer can also be challenging, since they’ve got so many various aspects, like exclusions, deductibles, and riders. If you need a comprehensive policy for architect liability insurance, it will often be tremendously costly and may over-insure architect in small firms or solo practices.
Important Things To Know About Architect Insurance
You may not have given a lot of thought to professional liability architect insurance coverage. However, it is an important part of your career. This is why it is important to remember a few facts. Examples include:
- It’s important no matter how large or small your projects are
- Both you and the client benefit from professional liability insurance
- Having a policy in place is even essential in retirement
- You could get more clients as a result
Do you want to find out more about what we’re capable of offering as a professional liability architect insurance brokerage? Fenner & Esler has experts ready to speak with you.
Architect Insurance Companies
We are an independent architect insurance brokerage and possess years of experience working with design professionals. As such, we realize that no architecture firms are alike. Given the differences in the nature of the projects and the experience of the professional in the firm, each company is forced to deal with unique risks, so their needs for architect PL insurance also vary. With Fenner & Esler, you can be sure to get individualized attention you will not receive from bigger architects insurance companies. This way we may use our industry experience to develop a comprehensive architect liability policy with coverage from A-rated carriers that will be certain to fit your needs precisely. The advantage of service from Fenner and Esler is that you not only have the proper amount of insurance coverage, but you also have the most affordable policy premiums possible.
Architect Insurance in Washington D.C.
Having over three decades experience providing architects & engineers insurance, you would be hard-pressed to find a better independent architects & engineers company. We work to your advantage as an independent architects insurance company, as our first loyalty is to you and not an insurance provider. Partnering with an independent architect liability insurance company such as Fenner & Esler also offers you the ability to benefit from our comprehensive knowledge in creating customized architect insurance policies which will also give you flexibility during different phases your career.
Architects Insurance Brokerage
With one-size-fits-all architect insurance policies that you find from larger architect insurance companies online, generally you will not get information on the design industry’s best practices for risk management. While you can spend hours researching this information, it’s still important to discover whether or not a particular recommendation applies to your practice and is consistent with the laws and ordinances in your state. At Fenner & Esler, we will not only develop a custom architects errors and omissions insurance coverage policy to satisfy your needs but will additionally serve as your partner in risk management. From informing you of most cutting-edge industry practices that pertain to your practice, to going over contracts and providing guidance about how to protect your firm, Fenner and Esler supplies you with the peace of mind that you are doing everything possible to protect your business from frivolous claims and costly litigation. With Fenner & Esler on your side, you can be sure you’re receiving architects insurance from a company you can rely on to keep the big picture in mind without neglecting any detail. Fenner & Esler is the choice such a large number of companies depend for an architects & engineers insurance company because of this.
Leading Architects & Engineers Insurance
We have strong connections with solid A-rated architects liability insurance 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 the event it is ever required. For young architects getting started in the industry, we provide scalable professional liability insurance packages. This way, as you get more business, your coverage can be upgraded to represent the amount of protection you will want. As former clients may file a lawsuit years after the project is finished, we also offer inexpensive tail insurance plans to supply this type of protection for architect once they’ve retired. This is one of the reasons we’re a top choice for those looking for architect insurance companies.
Architects Insurance Brokers
At Fenner and Esler, we don’t ever take our strong standing for granted. In addition to our services for architects, we also provide environmental consultants insurance, surveyor insurance and architects insurance, serving a broad variety of professionals in the design industry. We’re here to listen to and help you address your concerns, whether you’re not certain if you have the correct amount of architect errors and omissions insurance coverage, you’re looking to renew your present architect PL insurance, or you’re simply curious what other architects insurance choices are out there. If you want to give effective protection for your business, contact Fenner & Esler, a top quality architect insurance company you will find.