When looking for a leading architects & engineers insurance company, Fenner & Esler is standing ready to assist you. Regardless of the size of a firm, it’s important for every engineer to obtain quality engineer insurance coverage. Architectural firms require financial safety, and proper insurance coverage provides this protection against breach of contract or negligence accusations. We’re specialists in handling the insurance needs of engineers and other design professionals. This is the reason instead of relying on larger online engineer insurance companies, you should make Fenner and Esler your first call.
The possibility of a lawsuit alleging that an error or omission in a project that they have worked on causes property damage or physical injury is a reality for even the most competent engineer. For the most part such legal action occurs a long time after the completion of the project. Even if the claims of negligence are frivolous, the legal cost will be substantial. For individual engineers and engineering companies alike, the services we can provide as an independent engineers insurance brokerage is necessary to protect against the astronomical financial costs of errors and omissions litigation. Quality engineer errors and omissions insurance serves to insure engineers against the expenses of litigation, as well as from expenses that come with legal settlement actions and paying the plaintiff in the event a judgment is made against the firm or engineer. If it so happens that a former client files a suit against the engineer or firm, legal representation will be provided by the insurance company to aid in determining the merits of the suit to determine a suitable course of action
Engineer Insurance Company
If you are doing business as a design professional you should never go without insurance from a qualified engineers insurance coverage broker. While some engineers may choose to go without this coverage under the false assumption that the project owner’s insurance provides protection in case of a claim, some find, often when a claim is made years after, that they aren’t protected. Others might decide to self-insure only to realize that the cost of litigation and lawful protection is much more than the engineer expected. Without the services of an independent engineers insurance company the cost of settling claims or defending against unfounded allegations of negligence has the potential to break a firm.
When they’re asked the reason they opt out of engineers insurance coverage many professionals mention the expense of the procedures which they have found online. This is because these plans offered by larger brokerages are often one size fits all plans, which genuinely do not function in your best interest. This is where Fenner & Esler is able to be of assistance. Through our market knowledge and A-rated connections, we are a leading independent engineer insurance broker who is able to help you to find a plan that will suit your needs just, whatever the size of your business. This makes the premium for the insurance much more affordable. The circumstances of your policy are also able to be scaled relative to the sort of jobs you are taking on, just in case you suddenly discover you have bigger jobs than anticipated. As an independent broker Fenner & Esler can even offer you special per-project choices so that you can take on a single big job without the need to cover more for your normal policy.
Engineer Insurance Broker
You should treat employing a prospective engineer insurance brokerage just the same as though you were appointing a new team member for the company. As an independent broker, Fenner & Esler can also provide an edge with risk management guidance. How you can distribute the risk of big tasks is one instance that any engineer will find useful. When there are delays in a project beyond the engineer’s control, as experts in insurance we can assist with negotiating contract provisions to keep you from assuming liability.
Engineers Insurance Companies
The professionals at Fenner & Esler provide a broad variety of alternatives for insurance for different professionals in the design industry. This includes:
? Engineers Insurance
? Engineers Insurance
? Structural Engineer Insurance
? Environmental Consultants Insurance
? Surveyors Insurance
Engineer Insurance Coverage
There’s no reason that any engineer should be without engineers insurance coverage. When you’re trying to find a quality engineer errors & omissions insurance coverage brokerage, Fenner & Esler is here to fulfill all your needs. There’s no need to hesitate, contact us today!