You might think that you don’t need engineers insurance, and have adequate coverage and are protected from financial obligations in case of lawsuits concerning errors and omissions. However, it would not be too cautious to review your coverage and find out whether you are really covered well; you might just find out that you do not have the right policy. Do not wait until you are facing a lawsuit to discover the risks you might be taking. You can contact one of our engineers liability insurance specialists to ask for a review of your professional liability coverage needs, and we will be happy to share our depth of expertise. This can easily be one of the best things one can do for their engineering practice. Our engineers professional liability insurance specialists are ready and able to go through every facet of your professional practice to see what legal risks you face.
A clear understanding of the types of work you are actually doing as an engineer is important in determining the kind of engineers liability insurance coverage that you need. Our engineers liability insurance experts know the “ins and outs” of the engineers and architects liability insurance field- it’s almost as if we wrote the book. Our specialists are extraordinarily capable sources of advice when it comes to evaluating and determining what kind of policy you need. It is also very important to see the long-term view when it comes to your needs as an engineer for professional liability coverage. Your risk of being sued for negligence does not end when your contract ends; often, professional liability lawsuits arise long after the contracts in question have been completed. Especially in the field of construction, it can be years later before structural defects are discovered. In these cases, when people are injured and other properties are damages, owners do not hesitate to file lawsuits for financial indemnity. When you have the right professional liability insurance policy for your practice, you free yourself from such financial burdens and transfer the obligation to the insurance company that extended your coverage. The premiums that you will have to pay for these coverages are significantly lower than what you might have to shoulder in a prolonged court case.