Fenner & Esler is not just a top rated engineer and architect insurance company, but we additionally provide design professionals with the best alternatives for employment practice insurance for architects. Most architects and architects have some employees, comprised of administrators and assistants. In any innovative business, working relationships are often close ones, resulting in a blurring of the lines between employer and employee, which may lead to issues in terms of legal obligations related to the employer position. In order to protect the long-term financial viability of the design firm, it is essential to carry engineer EPLI.
Architect EPLI from a qualified independent architect & engineers insurance company like such as Fenner & Esler is important because even in design firms which are closely knit, employment problems could spring up. While a comprehensive human resource policy and process can function as the building blocks for safeguarding you from liability issues, it isn’t enough when a suit occurs. Even a frivolous lawsuit could be incredibly costly to defend. Architects employment practice insurance can offer a fiscal firewall in the event of worker claims of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related issues. Architect employment practice liability insurance offers coverage, up to the limits of liability, for the expense of litigation as well as the expenditures for any settlement of the situation.
Architect Insurance Company
When a firm applies for employment practice insurance for architects, the insurance provider is going to typically ask to see a copy of the firm’s manual on HR process and policy. Electing to insure with an insurance company for architects or architects who specializes in EPLI for architects can in your best interest; the broker will make sure that the HR manual details all of the information on policy and procedure that the insurance providers they deal with might require. Additionally, the experienced insurance professional has the experience presenting the program for coverage to ensure that the business can get the safety it needs for the least expensive premium possible. An insurance agent can additionally collaborate with customers in controlling risk, offering expert guidance during these crucial incidents when employer/employee friction has arisen.
Architect Insurance Companies
The bulk of architect & engineers insurance coverage policies are only going to cover claims made during the lifetime of that policy, so it is vital to ensure that the coverage is active constantly. It’s possible to find insurance that may cover activities in the past, but the rates on such procedures are going to be more costly. The considerable experience we have at Fenner & Esler as an experienced architects and engineers insurance broker will work to your benefit because this process can be easily overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
The specialists in at Fenner & Esler can assist your firm obtain the best coverage to match your demands in Arizona from numerous A rated carriers so that the firm will always have safety from worker-related legal actions.