The importance of getting service from a leading engineers and architects insurance company is something which shouldn’t ever be underestimated, regardless of the size of your firm. Given the current unsettled economic climate, engineers must make every endeavor to protect their personal finances in addition to financial assets belonging to the firm they work with. Making sure your firm has all of its bases covered is a priority of any business owner. This is very important in the architecture business since expensive litigation can result from one small error or omission. Even if you’re found not liable in the end, the cost of said litigation is generally enough to wipe out a small or medium sized firm. This is not even considering the damage it may do to your reputation. If you care about the success of your firm, teaming up with an independent engineer insurance company is crucial. As an independent engineers insurance company with significant expertise, Fenner & Esler can assist you in navigating this difficult course to find engineers insurance which will work best for you.
The cookie cutter policies found from other architects & engineers brokerages on the internet prevent many engineers from obtaining policies that are effective and will suit their needs. Lots of beginning engineers make the potentially career ending mistake of going without structural engineer insurance coverage entirely, since they may be so frustrated with these cookie-cutter plans. Beginning engineers make this mistake more often than you might think. A lot of times they determine it’s in their best interest to put aside funds in case of an emergency rather than pay for insurance services they won’t need. There are several issues with this specific scenario, however. First, it’s way too easy to just take out from the money that was put aside, leaving the business in serious jeopardy should a crisis occur. Many lawsuits are filed years after the project has been completed, which means you don’t know when you may need coverage. Likewise, a lot of people underestimate the amount of money they will have to spend in legal costs, even if they are found not liable. Such lawsuits are known to drag on for years and may devastate or bankrupt your company, as well as the damages to your professional reputation. Finding an independent engineer insurance brokerage which is able to supply scalable engineers insurance to satisfy your precise needs is a much better solution, and one which will ensure the ongoing future of your company.
Engineer Insurance Company
Taking into consideration all the available on-line insurance offers, you may find it a challenge to find the best architects and engineers insurance company. Comparing different policies the insurance carriers offer can also be hard, because they have a lot of various factors, for example exclusions, deductibles, and riders. The few straightforward policies that claim to offer comprehensive engineer professional liability insurance are generally very costly and frequently over-cover engineer in solo practices or small firms.
Engineer Insurance Companies
We’ve worked with design professionals for many years as an independent architects and engineers broker, and therefore are well aware that no two architecture firms have the exact same requirements. Their requirements in terms of engineers liability insurance will vary as the nature of the projects they take and the expertise of the professionals involved will result in different types of risks. With Fenner & Esler, you can be certain you’ll receive personal attention you will not get from bigger engineer insurance companies. Based upon this information, combined with our business knowledge, we create a comprehensive engineer errors and omissions insurance package with protection from A-rated carriers tailored to fit the precise needs of our clients. The benefit of service from Fenner and Esler is that you not only have the correct amount of insurance coverage, but you also get the most affordable policy premiums possible.
Fenner & Esler has been working hard for over 30 years to obtain the reputation as the finest engineer liability insurance company. As an independent brokerage specializing in meeting the insurance and risk-management requirements of our clients, our dedication is with the design professional we serve as opposed to insurance agents whose responsibilities are with the businesses for which they work. Another benefit of partnering with an independent engineers insurance company is that our representatives use their in-depth understanding of the dangers that come with the design industry to create individual insurance policies that match the requirements your company today, that have the flexibility to change as your insurance requirements differ in each individual phase of your career.
Engineer Insurance Broker
When you purchase a one-size-fits-all engineer insurance policy that you find from many larger online engineers insurance companies, you do not often get information regarding the design industry’s best practices as far as risk management. Spending time studying this information on the internet and discovering whether a particular recommendation will apply to your practice and is consistent with the laws and regulations in your state is time consuming at best. In addition to developing custom engineer errors and omissions insurance policies, Fenner and Esler is also your partner in risk management. We shall notify you of new industry practices that relate to your practice, look over contracts, and provide regular guidance on means by which you can protect your business. This way, we can supply you with the peace of mind you need so you can focus on your business instead of worrying about frivolous litigation. When you want engineer liability insurance, work with an independent engineer insurance brokerage you can trust to not overlook any detail, while nevertheless staying focused on the big picture.
Architects & Engineers Insurance
We have strong connections with solid A-rated engineers liability insurance carriers, which is what makes us a great choice for an independent engineers insurance company. Our clients understand they can rely upon their engineer’s professional liability insurance policy in case it’s ever needed. We provide professional liability insurance plans which are scalable, so they are perfect for young engineers that are just getting their company started. As firms grow, we are able to modify your coverage in order that you are consistently safeguarded in case a customer makes allegations of negligence or defective design. As former customers are able to file a lawsuit years after the project is completed, we also provide affordable tail insurance policies to supply this type of safety for engineers once they’ve retired. This is one of the reasons we’re a top choice for those looking for engineer insurance companies.
Engineer Insurance Brokerages
At Fenner and Esler, we never take our solid standing for granted. We supply service for a large range of design professionals, providing engineer insurance, surveyors insurance, and environmental consultants insurance as well. Whether you want to renew your engineer PL insurance, determine if you possess sufficient engineers E&O insurance coverage, or you want to research different alternatives for a new engineers insurance policy, we will listen to your concerns so we recommend the very best policy and risk management strategy. To find effective protection for your practice, contact Fenner & Esler, a quality independent engineers insurance company.