Fenner & Esler isn’t only a highly rated architect & engineers insurance company, but we also provide design professionals with the best alternatives for engineer employment practice liability insurance. In addition to offering their own providers as design professionals, it’s typical for engineers and engineers to employ assistants and other personnel to whom they could delegate design-related or administrative tasks. In any innovative firm, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which can lead to issues in terms of legal obligations related to the employer status. In order to safeguard the long-term financial viability of the design firm, it is essential to carry employment practice insurance for engineers.
Employment practice insurance for engineers from a qualified independent architect and engineers insurance company like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment problems could spring up. While a comprehensive human resource policy and procedure can function as the building blocks for protecting you from liability problems, it isn’t enough when a lawsuit occurs. Even lawsuit that’s frivolous could be devastatingly expensive to defend. If you have employment practice liability insurance for engineers, you’ll ensure that your financial security is protected against any sort of lawsuit coming from claims of unfair harassment, dismissal or other violations of workplace regulations. Engineers employment practice insurance will cover the total costs of defending a case, and take care of a settlement should the situation demand one.
Engineers Insurance Company
If you’re submitting an application for employment practice insurance for engineers, it’s typical for the insurance carrier to request a duplicate of the firm’s HR policy and procedure manual. Choosing to insure with an insurance brokerage for engineers or engineers who specializes in engineers EPLI will in your best interest; the agent will make certain that the HR manual details all of the info on policy and process that the insurance providers they work with may require. Also, the experienced insurance expert has the expertise presenting the application for coverage so that the business will get the defense it wants for the least expensive premium possible. Moreover, the insurance agent additionally acts as someone in risk management by providing advice when problematic employee situations come up.
Engineers Insurance Companies
The bulk of engineers employment practice liability insurance policies are only going to cover claims made during the life of that policy, therefore it is vital to ensure that the coverage is active at all times. Though some carriers offer a rider for retroactive coverage, it can be more costly. The substantial expertise we have at Fenner & Esler as an experienced engineers and engineer insurance broker will work to your advantage because this process can easily be overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
The specialists in EPLI for engineers at Fenner & Esler are able to assist your firm find the best coverage to suit your needs in Virginia from a number of A rated carriers to ensure that your firm will also have protection from employee-related legal actions.
Fenner & Esler has been serving the needs of design professionals in need of architect and engineer insurance coverage by providing a variety of effective choices since 1923. We’re able to customize a plan which will suit your precise individuals requirements as a result of the fact that we are an independent brokerage. This is something hard to find from larger engineer and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.