At Fenner & Esler, we provide options for surveyors insurance in addition to our broad range of options for engineers and architect insurance. Any firm, no matter their size, that performs land surveys in Indiana must have the security of surveyors insurance, which can be customized according to both the size of the firm and its needs. A great deal of survey firms choose to use merely a one size fits all choice when it comes to surveyor E & O insurance, which may provide either coverage beyond the firm’s needs or coverage that’s insufficient, leaving the firm open to the financial costs that come with claims or litigation. The unfortunate truth is that in the vast majority of situations, such policies will not cover the full extent of court and legal expenses that will be needed, or you are forced into paying for a policy that is far beyond the requirements of your firm. Either way, your firm loses money as a result of not being able to find surveyors insurance that suits your individual firm best.
In the event of a lawsuit being filed against the firm for alleged negligence or mistakes, errors and omissions coverage for surveyors will provide protection. The surveyor’s legal defense will be completely covered which is absolutely crucial, as court fees can be detrimental even if the firm is not found to be liable. For example, a plaintiff pursued a lawsuit against a land surveyor in 2000, taking it as far as the Supreme Court of Indiana. The costs of the legal defense were quite substantial, despite the fact that when all was said and done, the court decided that the land surveyor was not at fault.
Surveyor E & O
Most surveyors insurance works on a claims-made basis, which means surveyor firms need to be certain their surveyors PL insurance coverage doesn’t lapse in order to be certain they are covered in case of a lawsuit. The statute of limitations for liability can be several years, so the policy enforced at the time of a job needs to be in force for the amount of time the statute of limitations permits lawsuits. Additionally take into consideration that unlike larger surveyors errors & omissions insurance brokers, Fenner and Esler will go over strategies for risk management for your practice.
Fenner & Esler is an independent brokerage supplying quality services in regards to:
Environmental Consultants Insurance
Surveyor Errors and Omissions Insurance Company
When shopping for the best E & O insurance coverage for surveyors that’s customized for the needs and size of your firm, you need to find an independent brokerage with agents possessing years of experience creating customized surveyor PL insurance coverage in Indiana. If you are looking for a quality E & O broker for surveyors that offers a broad range of top-rated insurance product, look no further than Fenner and Esler Insurance. We’ve got more than 30 years of experience in providing surveyor professional liability insurance in Indiana. To find out additional information about how we can meet your needs, call Fenner and Esler at (201) 262-1200.