Fenner & Esler is a top choice as an independent architects & engineers insurance company serving your needs as a design professional. It is certain that any structural engineer in Wisconsin must not be without structural engineers O&E Insurance, or errors and omissions insurance. Structural engineers insurance offers professional the financial protection they want in case of allegations of neglect or breach of contract. When looking for a professional liability insurance brokerage, your best choice is Fenner Esler. We aren’t just brokers, but experts at dealing with the needs of structural engineers, giving you the protection you need. This is why we’re the only choice you’re going to require for engineers insurance.
When design professionals make the error of going without the services of an architect & engineers insurance company they quickly find they aren’t permitted bid for high value contracts. Having structural engineer insurance is typically a necessity as it pertains to bidding for the vast majority of federal and state contracts. Other engineers choose to depend on a project policy, something that could assist them in winning smaller contracts, but these policies have extremely high deductibles. Worst-case scenario is that a claim is made, which causes the structural engineer to pay at least $250,000 of their own hard-earned money before the policy starts to cover any lawsuit-related cost. Meeting this deductible can financially bankrupt most smaller firms and independent structural engineers. We’ve got a number of experts who specialize in structural engineers insurance whose primary job is ensuring our clients are safeguarded by their policy at all times and don’t have to suffer any unaffordable expenditure.
Never make the mistake of thinking you are above the need for architect & engineer insurance. Even the most diligent structural engineers that follow all the rules of the industry to the letter run the risk of a lawsuit alleging that some error or omission in a building or other structure they designed caused property damage or physical injury. Usually litigation of this nature is pursued years after a project is completed. The legal expense may be considerable even if the accusations of negligence end up being proved false. For individual structural engineers as well as engineering companies, structural engineer insurance has a value that must not be underestimated. Structural engineer insurance serves to protect structural engineers from legal expenses, as well as from expenses associated with legal settlement actions and paying the plaintiff in case the court sides against the structural engineers or firm. In the event a suit is filed against the firm or structural engineer, the insurance company will obtain legal representation to help determine the merits of the suit to come up with a suitable method of dealing with it.
Engineers Insurance Company
There’s a large number of reasons to select Fenner & Esler if you’re in need an architect & engineers insurance company. These are several examples:
- Flexible insurance plans
- Decades of experience
- Personalized risk management services
- Personalized attention
Contact us today to find out first-hand to discover first-hand why Fenner & Esler is such a highly rated choice for architect & engineers insurance coverage.
Structural Engineer Errors And Omissions Insurance
We offer additional services to professional liability architect & engineers insurance coverage as well. Having structural engineer EPLI is important for any firm. Even in the absolute most tightly knit structural engineer companies, employer-employee conflicts come up. In some instances, such disputes are easily resolved, but the possibility also exists for a disagreement to escalate into allegations of discrimination or harassment. The price of litigation and settlements for employment practice lawsuits are forever rising, and this can cause considerable damage to a structural engineers firm without any structural engineer employment practice liability insurance set up. We have created a team here at Fenner and Esler made up of leading risk management specialists to create employment practice liability insurance for structural engineers that takes into consideration the amount of staff and outside contractors who work for the company so they can ensure that no structural engineer is ever under insured or over insured.
Structural Engineers PL Insurance
You shouldn’t ever underestimate the how essential it is to obtain insurance from a qualified structural engineers E & O insurance brokerage . While some engineers elect to go without this coverage under the false assumption that the project owner’s insurance provides protection in case of a claim, some find, frequently when a claim is brought forth years later, that they aren’t covered. Others may opt to self-insure only to realize that the expense of litigation and legal protection is considerably greater than the structural engineer expected. We can offer comprehensive liability insurance coverage at Fenner & Esler. The potential for settling claims or defending one’s self in court makes Errors & Omissions Insurance for structural engineers complete necessity.
Structural Engineer Insurance
Many start design experts realize that they choose out of insuring because the estimates they often see for engineers & architects insurance are so large. This is because bigger businesses can’t provide you personal customization, and you wind up paying more for options that you won’t ever require. Aside from your firm’s size, at Fenner Esler we can help you to locate a plan where you will have all of the protection you could demand without spending additional cash that you don’t need to. The outcome is structural engineers insurance which is far cheaper. Fenner Esler is the place to go because our policies are also scalable to satisfy the needs of your projects. If suddenly you discover you are accepting much larger jobs, it is simple to expand your PLI policy. In the event that a business is awarded a project considerably bigger than their normal contracts, an insurance specialist from the professional liability insurance brokerage can organize a per project E&O Insurance For structural engineers coverage without the expense of enlarging the coverage of the main policy.
Insurance Brokerage Structural Engineers
You must always treat employing an architects & engineers insurance company just the same as if you were appointing a new partner for the business. An often-overlooked advantage of making use of an independent professional brokerage like Fenner Esler for structural engineers Omissions and Errors Insurance is the risk management advice that we can provide. For example, they provide assistance for young structural engineers about how to spread the risk of large projects among the various professionals. Furthermore, the structural engineers PL Insurance specialist provides assistance during contract negotiations in conditions of developing provisions to protect the structural engineer or design professional from liability when they are delays in a job that are beyond the control of the structural engineer.
Structural Engineers Insurance Company
Having over three decades of expertise as an independent structural errors & omissions insurance coverage brokerage for engineers our specialists not only create customized insurance policies to meet the needs of our clients, but we also offer complete risk management services. For example, we look over every contract and proposal to ensure our clients aren’t assuming any risks on any of their projects. We like keeping our clients current on the best risk management developments available. Each customer receives our full focus regardless of how big or small they might be. We feel our personal touch really sets us apart from online structural engineer E & O insurance brokerage that only really appear if they want your money.