The importance of obtaining service from a leading independent architects & engineers insurance company is something which shouldn’t ever be underestimated, whatever the size of your firm. The present state of the economy means that it is more important than ever before for architects to make every effort to protect their private finances as well as the assets of their firm. It’s always a main concern as a business owner to ensure you have all of your bases covered. One small error or omission in the architecture field can cause a substantial amount of costly litigation, so having this insurance in place is incredibly important. Even if you are found not liable in the end, the price of such litigation is usually enough to wipe out a small or medium sized firm. This is before you even look at the possible damage to your reputation. This means that architect insurance is an essential ingredient to a secure future for your business. Fenner & Esler is a highly skilled independent architect insurance company that can help you navigate this difficult course to find the best architects insurance for you.
The cookie cutter policies you’ll find from other architects & engineers insurance companies online stop many architects from getting policies which will be effective and will fit their needs. These one-size fits-all policies are what cause many beginning structural architects to make the career risking mistake of going without insurance entirely. You may be surprised at how many times young architects make this mistake. As an alternative to paying for insurance services they will not need, they put aside funds in the event of an emergency. There are several problems with this scenario, however. Firstly, should an unanticipated issue arise, frequently the funds aren’t available as it’s too simple to take from. Many lawsuits are filed years after the project has been completed, so you don’t know when you will need coverage. Second, it is easy to underestimate the amount of money that will be needed for litigation. Such lawsuits are known to drag on for years and may devastate or bankrupt your business, not to mention the damages to your professional standing. Even if unfounded, architects & engineers insurance can also help you protect against claims of negligence. Your best option is instead to seek the assistance of a trusted independent architects insurance company such as Fenner & Esler, because we can locate architects insurance which can fit your exact needs.
Architects Insurance Company Serving Washington State
Locating the best architects & engineers insurance company might be challenging considering the number of on-line insurance offers you will run into. In addition to sorting through so many different insurance carriers, it’s hard to compare the advantages of different policies as they have various riders, exclusions, and deductibles. architects in solo practices and small firms will normally lose in this scenario as well, as a straightforward and complete architects insurance policy will tend to over insure while being incredibly expensive.
What You Need To Know About Architects Insurance
You might not have given much thought to professional liability architects and engineers insurance coverage. However, it’s an essential part of your career. This is why keeping a few facts in mind is important. A few examples are:
- Having a policy in place is even important in retirement
- It is essential regardless of how small or large your projects are
- You could get more clients as a result
- Both you and the client benefit from professional liability coverage
Discover more about professional liability architects and engineers insurance coverage by contacting the experts at Fenner & Esler today.
Architects Insurance Companies
We’ve worked with design professionals for many years as an independent architects insurance company, and so we’re well aware that no two architecture firms have the exact same needs. Their requirements for architects and engineer insurance will vary since the nature of the projects they take and the experience of the professionals involved will result in various kinds of risks. At Fenner & Esler, we make an effort with every one of our customers to learn about their business and listen to their concern. Using the information you’ve provided us, we are able to utilize our business knowledge to come up with an architects and engineers insurance policy with protection from A-rated carriers that can fit your particular needs. In this manner you don’t just have an architects insurance policy which is affordable, but will supply you with the exact coverage you need.
For the past three decades, our team at Fenner & Esler has worked hard to gain our status as a top quality architects & engineers insurance company. As an independent brokerage specializing in meeting the insurance and risk management requirements of our clients, our commitment lies with the design professional we serve as opposed to insurance agents whose obligations are with the companies for which they work. Fenner & Esler, as an independent architect insurance company too can give you the ability to create a personalized architects liability insurance policy that can provide you with the flexibility you need throughout your career.
Architects Insurance Broker
What you will not receive from a one-size-fits-all architects and engineers insurance policy from larger online architects & engineers insurance companies is the best practices for risk management in the design industry. If you choose to research this info yourself it will be time consuming, and then you still must determine not only if a specific recommendation applies to your practice but if it is consistent with your state’s laws and regulations. Fenner & Esler is your partner in risk management in addition to creating custom architects E&O insurance policies. From informing you of the latest industry practices that relate to your practice, to evaluating contracts and offering guidance about how to protect your company, Fenner and Esler supplies you with the peace of mind that you’re doing everything possible to protect your company from frivolous claims and expensive litigation. With Fenner & Esler on your side, you may be confident you are receiving architects insurance from a company you can trust to keep the big picture in mind without neglecting any detail. This is the reason so many firms rely on Fenner & Esler when they need an architects & engineers insurance broker.
Architects & Engineers Insurance
One of many reasons we are a great choice for an architects and engineer insurance company is the fact that we have developed and maintained strong relationships with A-rated insurance carriers. Our customers know they can rely upon their architect’s professional liability insurance policy in case it’s ever required. We offer professional liability insurance policies which are scalable, so they are ideal for beginning architects that are just getting their company started. This way, as you get more business, your coverage may be upgraded to reflect the amount of protection you will need. For architect getting ready for retirement, we put together affordable tail insurance policies that offer protection in case a former customer chooses to file a lawsuit years after a job is finished. This is one of the reasons we’re a leading choice for those looking for architect and engineers insurance companies.
Architects Insurance Brokerages
At Fenner and Esler, we don’t ever take our solid reputation for granted. In addition to our services for architects, we also provide environmental consultants insurance, surveyors insurance and architects and engineers insurance, serving a wide range of professionals in the design industry. Whether you want to renew your architects PL insurance, ascertain if you have sufficient architects E&O insurance coverage, or you want to research different alternatives for a new architects and engineer insurance plan, we will listen to your concerns so we recommend the most effective policy and risk management strategy. When the financial viability of your practice is at stake, trust a top quality architects insurance broker in the industry, Fenner & Esler.