At Fenner & Esler, in addition to supplying top notch engineer and architects insurance, we supply options for surveyor insurance. Any firm, no matter their size, that is responsible for land surveys in Alabama must obtain the safety of surveyors insurance, which can be tailored for the both the size and requirements of the firm. It is common for a lot of firms to make the mistake of choosing a generic type of surveyors PL insurance coverage, and usually they fail to see their mistake until it’s too late. The sad reality is that in most circumstances, these types of policies will not cover the full extent of legal and court costs that will be required, or you’re forced into paying for a policy that’s above and beyond what your firm will require. In either circumstance, the firm stands to lose a significant amount of money.
In the event of a lawsuit being filed against the firm for alleged negligence or mistakes, E & O for surveyors will provide protection. The surveyor’s legal defense will be completely covered which is absolutely vital, as even if the court finds the firm free from liability, the cost of a legal defense frequently run into the tens of thousands of dollars. One example is a 2000 lawsuit that was pursued against a land surveyor that went all the way to the supreme court of Alabama. Even though the judicial system did not find the land surveyor at fault, the defense’s cost was great.
PL Insurance Coverage Surveyor
It’s also important to locate a firm that is dependable and is going to still be around whenever it comes time for you to seek the protection of your E&O coverage for surveyors. This is because surveyor insurance coverage works on a claims-made basis, and in case of your coverage lapsing you’ll discover that you’re unprotected. The statute of limitations for liability can be several years, so the policy you’re covered under at the time of the work provided needs to 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 likely to obtain from larger surveyor liability insurance companies.
We at Fenner & Esler take pride in being an independent insurance brokerage, supplying services of the highest quality when it comes to types of insurance such as:
Environmental Consultants Insurance
Liability Insurance Broker Surveyors
Discovering an independent brokerage with experienced agents is definitely to your greatest benefit. If you want a customized policy for liability insurance coverage for surveyors, you need to find a brokerage that has experience in your field and willing to find you the best possible option. Fenner and Esler Insurance is an independent professional liability broker for surveyors that carries a wide range of top-rated insurance product. We have been offering the best surveyor insurance coverage in Alabama for more than thirty years. To find out more regarding how we can meet your needs, call us at (201) 262-1200.