When you need a leading architect & engineers company, Fenner & Esler is standing ready to assist you. It is a given that any architect in New York must not be without quality architects insurance coverage, also known as errors and omissions insurance. Effective insurance coverage offers professional financial protection to cover any claim of negligence or breach of contract which might arise. We’re not just brokers, but experts at dealing with the needs of architects, giving you the protection you require. This is the reason instead of relying on larger online architect insurance companies, you should make Fenner and Esler your first call.
Even the most conscientious architect who sticks to all the best practices of the industry runs the chances of a lawsuit alleging that an omission or error in a project they worked on was responsible for physical injury or property damage. Generally such litigation occurs years after a project has been finished. Even if the allegations of negligence turn out to be proved false, the legal cost will be substantial. For architects working alone as well as architectural companies, the services we can provide as an independent architect insurance broker is necessary to protect against the astronomical legal expenses involved in errors and omissions litigation. If you have quality insurance from a recommended architect insurance coverage company, in the event the court sides against the firm or architect you’re going to find that you have protection from the costs of litigation, in addition to expenses associated with settling legal actions and paying the plaintiff.
Architect Insurance Company
If you’re doing business as a design professional you shouldn’t ever go without insurance from a qualified architect liability insurance company. While some architects may prefer to go without this protection under the false supposition that the project owner’s insurance will give you safety in the event of a claim, some find, frequently when a claim is brought forth years later, that they are not protected. Others may decide to self-insure only to realize that the cost of litigation and legal protection is much more than the architect expected. Without the services of an independent architects insurance company the cost of settling claims or defending against unfounded allegations of neglect has the potential to bankrupt a company.
When asked why they opt out of architects insurance coverage many professionals mention the cost of the guidelines they’ve found online. It is because these plans offered by larger brokerages are often one size fits all policies, which genuinely don’t work in your best interest. This is where Fenner & Esler comes in. We can tailor for you a personalized policy from a number of A-rated carriers that is fitted to the wants of a small firm. The outcome is architect insurance that is much less expensive. Fenner & Esler is ideal because our policies are additionally able to be scaled to satisfy the needs of your jobs. If suddenly you discover you are accepting much bigger jobs, it’s simple to expand your policy. In the event that a company is awarded a project considerably larger than their usual contracts, an insurance specialist can arrange a per project coverage plan without the cost of expanding the protection of the primary policy. This is a major benefit to using an independent broker.
Architects Insurance Brokerage
If you are thinking about searching for quality architects insurance coverage, it is helpful to consider the process as comparable to including someone into your company. As an independent broker, Fenner & Esler can also provide an advantage with risk management advice. Many architects need help with issues like spreading out the risk of huge jobs to minimize the chance of lawsuits, errors or omissions. There are forces that will be beyond the architects management, and as experts in insurance we will be able to help negotiate contracts so that you will assume minimal liability.
Architect Insurance Companies
We provide options for insurance for a various professionals in the design industry at Fenner & Esler. These alternatives include:
? Architect Insurance
? Architect Insurance
? Structural Architect Insurance
? Environmental Consultants Insurance
? Surveyor Insurance
Architect Insurance Coverage
Being without architects insurance isn’t an option for any professional architect. When you are looking for a quality insurance coverage brokerage for architects, Fenner & Esler is here to fulfill all your needs. There’s no need to wait, call us straight away!