Fenner & Esler isn’t just a highly rated architect & engineers insurance company, but we also supply design professionals with the best options for engineer employment practice liability insurance. The majority of architects and architects have some employees, comprised of administrators and assistants. In any creative company, working relationships are often close ones, resulting in a blurring of the lines between employer and employee, which in turn may lead to issues in terms of legal obligations associated with the employer position. In order to protect the long-term financial viability of the design firm, it is vital to carry engineer employment practice insurance.
Employment practice insurance for architects from a respected independent architect & engineers insurance company like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment problems can spring up. Establishing an exhaustive set of human resources practices and guidelines can go a long way towards shielding you from employment liability issues; yet, such steps are inadequate in the face of actual litigation. Going to court is a costly procedure even if you win the case. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, discrimination or harassment, for instance) a buffer zone might be necessary to prevent the expense of the lawsuit from impacting the company negatively. Employment practice insurance for architects supplies coverage, up to the limitations of liability, for the cost of litigation along with the costs for any resolution of the case.
Architects Insurance Company
When you ask an insurer to provide you with employment practice insurance for architects, they’ll first ask to obtain a copy of all internal documents concerning your human resource policies. Choosing to insure with an insurance broker for architects or architects who specializes in employment practice liability insurance for architects will to your advantage; the broker will ensure that the HR manual details all the info on policy and procedure that the insurance providers they work with may require. Additionally, the seasoned insurance expert has the knowledge to provide the application for coverage to ensure that the company will get the protection it wants for the most affordable premium possible. Brokers also have an awareness of engineer EPLI that allows them to offer guidance and help if an employee makes a claim.
Architect Insurance Brokerages
Our policies for architect and engineer insurance coverage work on a claims-made basis; for this reason, it is critical that coverage is kept always, otherwise the firm might not be covered. Retroactive coverage riders are available from some suppliers but these can be more costly. The substantial expertise we have at Fenner & Esler as an experienced architect & engineers insurance company will work to your benefit because this process can be easily overwhelming for somebody who is just getting started.
Architects & Engineers Insurance
Fenner & Esler architect & engineers insurance coverage specialists are experts in the area and will find an insurance solution with an A rated carrier that is customized just for you in Illinois, making sure that the stability of your business is constantly guaranteed.