At Fenner & Esler, we offer alternatives for surveyor insurance in addition to our wide variety of alternatives for architect and engineers insurance. Any firm, no matter their size, which performs Nevada land surveys must possess the security of surveyor insurance, which can be adjusted for the both the size of the firm and its requirements. Frequently, many firms to make the mistake of selecting a generic type of liability insurance coverage for surveyors, and frequently they fail to see the error until they find themselves in a situation where coverage is needed and not there. The unfortunate truth is that in the vast majority of situations, such policies don’t cover the full amount of legal and court costs that will be needed, or you are forced into paying for a policy that’s far beyond what your firm will require. In either circumstance, the firm stands to lose a significant amount of money.
The advantage to surveyor errors & omissions insurance coverage is that covers the surveyor in the case a lawsuit is filed against the firm for allegations related to allegations of negligence or mistakes made during the survey. In addition, a surveyor professional liability completely covers the surveyor’s legal defense, because court fees can be catastrophic 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 Nevada Supreme Court. Despite the fact that the judicial system did not find the land surveyor at fault, the cost of this defense was great.
Surveyor E&O Insurance Coverage
It is also vital to find a firm that is reliable and will still be there whenever the time comes for you to seek the protection of your liability insurance for surveyors. This is owing to the fact that surveyors errors and omissions coverage works on a claims-made basis, and if your coverage lapses you’ll discover that you’re unprotected. The statute of limitations for liability can be several years, so the policy enforced at the time of a job should be in force for the amount of time the statute of limitations permits lawsuits. Also consider that unlike bigger surveyors insurance brokers, Fenner and Esler will go over strategies for risk management for your practice.
Fenner & Esler is an independent broker supplying quality services when it comes to:
Environmental Consultant Insurance
E & O Insurance Coverage Company surveyors
Finding an independent brokerage with experienced agents is without a doubt a wise decision. If you’re shopping for a customized policy for surveyor errors and omissions coverage, you need to find a brokerage that has experience in your area and willing to get you the best possible option. Fenner and Esler Insurance is an independent liability insurance company for surveyors that carries a broad range of highly rated insurance product. We have over thirty years of experience in providing surveyors E&O coverage in Nevada. If you would like to find out additional information about how we can meet your needs, call us at (201) 262-1200.