At Fenner & Esler, in addition to supplying first class engineer and architect insurance, we supply alternatives for surveyors insurance. Regardless of size, any firm that is responsible for land surveys in California must obtain the security of insurance for surveyors, that is able to be tailored according to both the size of the firm and its requirements. Many survey firms choose to use only a generic choice in terms of surveyor insurance, which may provide either coverage beyond the requirements of the firm or coverage that’s insufficient, leaving the firm open to the financial damages that come with claims or litigation. It is known that such policies frequently fail to cover the extent of legal and court fees you may incur, or you could be tricked into paying for coverages that you will never be able to take advantage of. Either way, money is lost by your firm as a result of not being able to find E&O insurance for surveyors that suits your individual firm best.
The advantage to surveyors PL insurance coverage is that covers the surveyor in the event there is a lawsuit filed against the firm for allegations related to allegations of negligence or mistakes made during the survey. The surveyor’s legal defense will be completely covered which is absolutely essential, since even if the court finds the firm to be not liable, the cost of a legal defense are known to run into the tens of thousands of dollars. For example, a plaintiff pursued a lawsuit against a land surveyor in 2000, all the way to the Supreme Court of California. Even though the judicial system didn’t find the land surveyor at fault, the defense’s cost was great.
Surveyors Insurance Coverage
It’s also essential to locate a firm that is reliable and is going to still be there whenever the time comes for you to seek the protection of your insurance for surveyors. This is owing to the fact that surveyors E & coverage works on a claims-made basis, and in case of your coverage lapsing you will discover that you’re unprotected. Since the statute of limitations can be several years, the policy you’re covered under at the time of the work provided should still be in effect at least as long as the statute of limitations permits a lawsuit to be made. Also take into account that contrary to bigger E&O insurance brokerages for surveyors, Fenner and Esler will review risk management strategies for your practice.
Fenner & Esler is an independent broker providing quality services in regards to:
Environmental Consultants Insurance
E & O Brokerage Surveyor
Discovering an independent brokerage with experienced agents is without a doubt the best thing you could do. If you want a customized policy for surveyor liability insurance coverage, you want a brokerage with experience in your field and willing to find you the best possible option. If you’re looking for a quality surveyor liability insurance company that offers a wide variety of top-rated insurance product, look no further than Fenner and Esler Insurance. We have been offering the best E & O coverage for surveyors in California for more than 30 years. If you would like to find out additional information regarding what we can do, call us at (201) 262-1200.