At Fenner & Esler, we offer alternatives for surveyor insurance in addition to our large selection of options when it comes to engineers and architects insurance. Any firm, no matter their size, which performs land surveys in Wisconsin needs to have the protection of insurance for surveyors, which can be tailored according to both the size of the firm and its needs. Many survey firms choose to use merely a one size fits all choice when it comes to surveyors PL insurance, which may provide either coverage beyond the requirements of the firm or coverage that’s insufficient, leaving the firm vulnerable to the financial damages that come with claims or litigation. It is a widely accepted fact that such policies typically neglect to cover the extent of court and legal fees you might require, or you may be stuck paying for coverage that is far more than what your firm requires. In either circumstance, the firm stands to lose a significant amount of money.
The advantage to errors and omissions coverage for surveyors is that provides coverage for the surveyor in the event a lawsuit is filed against the firm for allegations related to allegations of negligence or mistakes made during the survey. Also, a surveyor professional liability will provide coverage for the surveyor’s legal defense, because court fees can be devastating even if the firm is found free of any liability. One example is a 2000 lawsuit that was pursued against a land surveyor that went all the way to the supreme court of Wisconsin. Even though the judicial system did not find the land surveyor at fault, the defense’s cost was substantial.
Insurance Coverage Surveyors
It is also essential to find a firm that is reliable and will still be around when it comes time for you to seek the protection of your professional liability insurance for surveyors. This is owing to the fact that surveyor E&O coverage works on a claims-made basis, and in case of your coverage lapsing you’ll find yourself unprotected. The statute of limitations for liability can be several years, so the policy you are covered under at the time of the work provided should still be in effect at least as long as the statute of limitations allows for a lawsuit to be made. Fenner and Esler is going to additionally go over risk management strategies for your practice, a service that you’re not going to obtain from bigger surveyors professional liability brokerages.
Fenner & Esler is an independent brokerage providing quality services when it comes to:
Environmental Consultants Insurance
Liability Insurance Broker Surveyors
Discovering an independent brokerage with experienced agents is without a doubt to your greatest benefit. If you’re searching for a customized policy for liability insurance coverage for surveyors, you want a brokerage that has experience in your area and willing to set you up with the best possible option. Fenner and Esler Insurance is an independent surveyors insurance broker that carries a broad range of top-rated insurance product. We have more than three decades of experience in providing E&O insurance for surveyors in Wisconsin. To learn additional information about what we can do, contact us at (201) 262-1200.