What can we do for you?
At F&E we offer engineer and architect insurance packages that are tailored for different types of businesses. Whether it is insurance for your building, business property, equipment, inventory or company vehicles, we offer products and services to protect your business. Aside from offering professional liability insurance, Fenner & Esler specializes in commercial, personal lines and special risk insurance for your firm.
When considering whether to procure professional liability insurance for architects and engineers, an Architect or Engineer (“A/E”) needs to understand and appreciate the risks of going “bare”, i.e., without insurance. An understanding of the risks must, of necessity, begin with an analysis of what the A/E’s individual liability would be if he or his firm were to get caught in the net of litigation as a result of alleged errors or omissions in the design of a project.
The only sure way to limit architects’ or engineers’ personal liability is to purchase professional liability insurance in order to protect against the very real risk that a claim will someday be filed, and a judgment subsequently obtained, against either the A/E individually or against his firm. In purchasing professional liability insurance, an architect or engineer can select how much risk he or his firm can realistically handle by raising or lowering the limit of insurance and/or the deductible which applies to each claim. Understand that one of the most beneficial aspects of professional liability coverage for architects and engineers is the insurance company’s obligation to defend the A/E in the event of a lawsuit.