At Fenner & Esler, in addition to providing first class engineers and architect insurance, we supply options for surveyor insurance. Any firm, no matter their size, which is responsible for Oregon land surveys must have the coverage of insurance for surveyors, which can be adjusted for the both the size of the firm and its requirements. Frequently, many firms to make the mistake of opting for a generic type of surveyor insurance coverage, and frequently they fail to become aware of their mistake until it’s too late. The sad reality is that in the vast majority of situations, such policies won’t cover the full amount of court and legal expenses that are going to be needed, or you are forced into paying for a policy that is 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, surveyors professional liability insurance coverage will provide protection. The surveyor’s legal defense will be covered completely which is absolutely vital, because court fees can be detrimental 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 Oregon Supreme Court. Despite the fact that the judicial system did not find the land surveyor at fault, the cost of this defense was substantial.
Surveyors Professional Liability Insurance
Since surveyors insurance usually works on a claims-made basis, surveyor firms need to be sure their surveyors E&O does not lapse in order to ensure they’re protected in case of a lawsuit. Since the statute of limitations can be several years, the policy enforced at the time of a job needs to be in force for as long as the statute of limitations allows lawsuits. Additionally consider that contrary to bigger PL brokers for surveyors, Fenner and Esler will go over risk management strategies for your practice.
We at Fenner & Esler take pride in being an independent insurance brokerage, supplying services of the highest quality in regards to types of insurance like:
Environmental Consultants Insurance
Surveyors Errors & Omissions Insurance Brokerage
When shopping for the best errors and omissions insurance for surveyors that’s customized for the needs and size of your firm, it’s important for you to find an independent brokerage with agents that have years of experience customizing surveyor E&O in Oregon. If you are searching for a quality surveyor errors and omissions insurance coverage broker that offers a broad range of top-rated insurance product, look no further than Fenner and Esler Insurance. We have been offering the best surveyors insurance in Oregon for over 30 years. If you would like to learn more about how we can meet your needs, call us at (201) 262-1200.