Fenner & Esler is a highly recommended choice when you’re looking a quality architect and engineer insurance company. Every architect in Oregon should obtain quality architects PL insurance coverage, regardless of the company’s size. Architectural firms need financial defense, and proper insurance coverage offers this safety against breach of contract or negligence accusations. We aren’t just brokers, but design professionals’ insurance experts, providing you with the protection you need. You should make Fenner and Esler your first call rather than depending on larger online architect insurance brokers for this reason.
The chance of a lawsuit that alleges some omission or error in a project that they have worked on causes personal injury or property damage is a reality for even the most thorough architect. Generally litigation of this type is pursued years after the completion of the project. Even if the accusations of negligence end up being proved false, the cost of litigation may be high. For the individual architect and architectural companies alike, the services we can provide as an independent architect insurance broker is necessary to protect against the catastrophic legal expenses involved in errors and omissions litigation. Quality architect insurance serves to protect architects from legal expenses, in addition to expenses that come with settling legal actions or issuing payment to the plaintiff in the event the court sides against the architects or firm. In the event a suit is filed against the firm or architect, the insurance company will provide legal representation to help with determining the merits of the suit to determine the right course of action
Architect Insurance Company
You shouldn’t ever find yourself without the services of a qualified architects professional liability insurance coverage company if you are doing business as a design professional. This is a common fault of architects to falsely think they are better off saving the money by not purchasing insurance. They discover years after, since a lawsuit occurs, even if it’s frivolous, that they’re in big trouble. Others might choose to self-insure only to find that the expense of litigation and legal defense is much higher than the architect expected. Without the services of an independent architects insurance brokerage the price of settling claims or defending against unfounded allegations of negligence has the potential to bankrupt a company.
Many beginning design professionals find that they decide not to purchase insurance because the rates they frequently see from online architect professional liability insurance coverage companies are considerably high. This is because bigger architect insurance brokers can not supply you individualized customization, and you wind up spending more for options that you will never require. Aside from your business’s size, Fenner & Esler is a top architect insurance broker to help you to find a plan where you will have all of the coverage you could demand without spending extra money that you don’t want to. Effective architect insurance which you can manage is the outcome. Fenner & Esler is ideal because our policies are also scalable to suit the needs of your projects. If suddenly you discover you are taking on much bigger jobs, it’s easy to expand your policy. As an independent broker Fenner & Esler can even provide you special per-project options to ensure that you can accept just one big job without needing to pay more for your typical policy.
Architect Insurance Brokerage
You must always treat hiring a prospective architect insurance broker just the same as though you were appointing a new team member for the company. As an independent broker, Fenner & Esler can provide an advantage with risk management guidance. Many architects want help with things like spreading out the risk of huge projects to decrease the chance of lawsuits, errors or omissions. Furthermore, as an expert in insurance we will provide assistance during contract negotiations in conditions of developing provisions to safeguard the architect or design professional from liability when they are delays in a job that are beyond the control of the architect.
Architect Insurance Companies
We supply insurance solutions for a different design professionals at Fenner & Esler. This includes:
? Architect Insurance
? Architects Insurance
? Structural Architect Insurance
? Environmental Consultants Insurance
? Surveyors Insurance
Architect Insurance Coverage
There’s no reason that any architect should be without architects insurance coverage. When you’re searching for a quality architect insurance broker, Fenner & Esler is here to fulfill all your needs. There’s no need to hesitate, contact us today!