If you’re you need a leading architects and engineers insurance company, Fenner & Esler is here to supply you with effective protection. Every engineer in New Mexico should obtain quality engineer PL insurance coverage, aside from the firm’s size. Effective insurance coverage provides professionals with the financial protection they require in the event of allegations of neglect or breach of contract. We’re more than just brokers, but are design professionals’ insurance experts, giving you the protection you need. This is the reason so many design professionals have made Fenner & Esler their first call rather than relying on larger online engineer insurance companies.
Even the most diligent engineer who sticks to all the industry’s best practices runs the risk of a lawsuit claiming that an omission or error in a project they designed resulted in property damage or physical injury. Often this litigation happens a long time after a project is completed. Even if the claims of negligence turn out to be frivolous, the legal cost can be substantial. For individual engineers as well as engineering companies, the services we can provide as an independent engineer insurance broker has an importance that must not be underestimated. Determine the best course of action by reviewing the suit’s merits.
Engineers Insurance Company
If you’re doing business as a design professional you should never go without insurance from a qualified engineer insurance coverage broker. While some engineers may prefer to go without this coverage under the false assumption that the project owner’s insurance provides safety in case of a claim, some find, often when a claim is made years later, that they are not covered. Others may opt to self-insure only to find that the expense of litigation and authorized defense is much higher than the engineer anticipated. Without the services of an independent engineer insurance company the price of settling claims or defending against unfounded allegations of negligence has the potential to bankrupt a company.
When they’re asked why they opt out of engineers insurance coverage a lot of professionals cite the expense of the procedures they have found online. The reason being these policies offered by larger brokers are often one size fits all plans, which truly do not function in your best interest. This is where Fenner & Esler comes in. We can tailor for you a personalized policy from several A-rated carriers that is fitted to the wants of your business. This makes the premium for insurance far less expensive. Another advantage of using Fenner & Esler is that our policies are scalable so that as the engineer company takes on larger projects, the limitations of liability of the policy can be expanded. In the occasion that a business is given a project considerably bigger than their customary contracts, an insurance specialist can put together a per project coverage plan without the expense of expanding the protection of the main policy. This is a major benefit of seeing an independent broker.
Engineers Insurance Brokerage
The process of looking for quality services from a leading engineers insurance company is no less important than including a partner to your firm or business. Advice for risk management techniques is another advantage of using an independent broker like Fenner & Esler. How you can spread the risk of big jobs is one example that any engineer will find useful. Furthermore, as an expert in insurance we can offer advice during contract negotiations in terms of developing provisions to protect the engineer or design professional from liability when they are delays in a job that are beyond the control of the engineer.
Engineers Insurance Companies
We provide alternatives for insurance for a various design professionals at Fenner & Esler. These options include:
? Engineer Insurance
? Engineers Insurance
? Structural Engineers Insurance
? Environmental Consultants Insurance
? Surveyors Insurance
Engineers Insurance Coverage
Being without engineer insurance isn’t an option for any professional engineer. When you’re searching for a quality engineer insurance brokerage, Fenner & Esler is here to fulfill all your needs. Don’t hesitate, contact us today!