At Fenner & Esler, in addition to providing first class architects & engineers insurance, we supply alternatives for surveyor insurance. Regardless of size, any firm who is responsible for land surveys in Missouri must possess the coverage of surveyor insurance, which can be tailored according to both the needs and size of the firm. Many survey firms opt to get merely a generic choice in terms of surveyors insurance coverage, which may provide either coverage beyond the needs of the firm or insufficient coverage that leaves the firm open to the financial damages that come with claims or litigation. It is known that these kinds of policies frequently neglect to cover the extent of legal and court fees you might require, or you could be tricked into paying for a policy that is far above and beyond what your firm requires. Either way, your firm loses money as a result of not being able to find liability insurance coverage for surveyors that works best for you specifically.
The advantage to surveyor liability insurance is that covers 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. In addition, a surveyor professional liability completely covers the surveyor’s legal defense, since court fees can be catastrophic even if the firm is not found to be liable. Take this example. A plaintiff pursued a lawsuit against a land surveyor in 2000, all the way to the Supreme Court of Missouri. The legal costs were very significant, despite the fact that in the end, the court found the land surveyor not to be liable.
Surveyor E & O Insurance
It’s also essential to find a firm that is dependable and is going to still be operating whenever the time comes for you to seek the protection of your surveyors insurance. This is owing to the fact that surveyor E&O insurance works on a claims-made basis, and if your coverage lapses you will find yourself 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 allows lawsuits. Additionally take into account that unlike bigger surveyors professional liability insurance brokerages, Fenner and Esler will review risk management strategies for your practice.
Fenner & Esler is an independent brokerage providing quality services in regards to:
Environmental Consultants Insurance
Surveyor Errors and Omissions Insurance Broker
If you’re shopping for the best liability insurance coverage for surveyors which is customized for the needs and size of your firm, you need to find an independent brokerage with agents possessing years of experience customizing surveyor errors and omissions coverage in Missouri. Fenner and Esler Insurance is an independent surveyors E & O company that offers a broad range of highly rated insurance product. We’ve been offering quality E & O insurance coverage for surveyors in Missouri for over three decades. If you would like to learn additional information about what we can do, contact us at (201) 262-1200.