Fenner & Esler is a leading choice as an independent architect & engineers insurance company serving your requirements as a design professional. Regardless of the size of a company, all structural engineers in Indiana need to have Professional Liability Insurance, or errors and omissions insurance for structural engineers. Quality structural liability insurance for engineers supplies professional financial protection to cover any claims of negligence or breach of contract which might appear. Fenner Esler is the best choice when you’re looking for a professional liability insurance brokerage. We are specialists in taking care of the insurance needs of structural engineers, engineers, and other design professionals. This is the reason we’re the only choice you’ll need for engineers insurance.
When design professionals make the mistake of going without the services of an architect & engineers insurance company they discover quickly they’re not qualified to bid for high value contracts. Having structural engineers E&O insurance is generally a requirement in regards to bidding for the vast majority of federal and state contracts. Some engineers choose to depend solely on a project policy as this may help with gaining smaller contracts. The only drawback is the fact that the expenses on a lot of these policies could get astronomically high. Any structural engineer could be at the wrong side of a claim when it is made, and these could be expensive affairs that could occasionally require the engineer themselves to pay out a large amount of their own money before any legal expenses will be covered by a policy. Meeting this deductible can financially bankrupt many smaller firms and independent structural engineers. The team of experts employed by Fenner and Esler can make certain the structural engineer insurance our customers select has low rates to satisfy any budget, ensuring the operating success of the firm.
Thinking you’re above the requirement for architects & engineers insurance is a mistake you should never make. The chance of a lawsuit alleging that some error or omission in a building or structure that they have designed results in personal injury or property damage is something even the most thorough structural engineer deals with. Generally such legal action occurs a long time after the completion of the project. The legal cost will be substantial even when the accusations of negligence end up being frivolous. For the individual structural engineer as well as engineering firms, structural liability insurance coverage for engineers is necessary to protect against the staggering legal costs that come with O&E litigation. Structural engineers insurance serves to insure structural engineers against the expenses of litigation, as well as from expenses that come with legal settlement actions and paying the plaintiff if the court sides against the firm or structural engineer. In the event a former client files a suit against the structural engineer or firm, the insurance company will provide legal representation to help determine the suit’s merits to figure out a suitable course of action.
Engineers Insurance Company
There are many reasons to choose Fenner & Esler if you’re looking for architect & engineers insurance company. Here are just a few:
- Decades of experience
- Personalized attention
- Flexible insurance plans
- Personalized risk management services
Contact us today to find out first-hand to find out first-hand why Fenner & Esler is such a highly rated choice for architect & engineers insurance coverage.
Structural Engineer E&O
We offer other services in addition to professional liability architect & engineers insurance coverage as well. Possessing employment practice liability insurance for structural engineers is important for any firm. Even in the absolute most tightly-knit structural engineer companies, employer-employee conflicts arise. Most of the time disputes could be taken care of rather swiftly, but firms must be prepared for the off-chance that they amount to what is possibly the worst-case scenario of discrimination or harassment claims. Settlements with disgruntled employees on average have risen annually, and these lawsuits can result in considerable damage to a structural engineers company if employment practice insurance for structural engineers isn’t in place. Here at Fenner and Esler our specialists craft a employment practice liability insurance for structural engineers policy that examines every aspect of your practice to be sure no structural engineers are ever over or under insured.
Structural Engineer Liability Insurance
You shouldn’t ever underestimate the how essential it is to obtain insurance from an independent structural engineers insurance brokerage . While some engineers elect to go without this protection under the false assumption that the project owner’s insurance will provide protection in the event of a claim, some find, frequently when a claim is made years later, that they are not protected. The others opt to store the cash themselves and self insure, only to discover that the cost of litigation is considerably greater than they expected. We can offer comprehensive liability insurance coverage at Fenner & Esler. The requirement for Professional Liability Insurance for structural engineers becomes clear when one takes into account all these factors.
Structural Engineer Insurance
Many individuals find architect & engineers insurance on the web and find it is far more than they anticipate. In most cases, the O & E Insurance plans provided on the Internet are one size fits all plans offering more coverage than what is needed by small businesses. This is where Fenner Esler can help. Through our market information and A-rated connections, we’re an independent structural PL company for engineers that can help you to find a policy that will fit your needs exactly, whatever the size of your company. The result is structural insurance for engineers that is a lot more affordable. Fenner Esler is the place to go because our policies are also scalable to suit the requirements of your jobs. If suddenly you find you are dealing with much larger jobs, it’s simple to expand your Professional Liability Insurance policy. Something an independent structural PL insurance company for engineers like Fenner Esler can provide you is the power to get insurance for a particular job. If you take on a single huge project that may require more insurance, you can manage it without having to update your regular coverage.
Insurance Brokerage Structural Engineer
When searching for a architect & engineers insurance company, it is useful to think of the process as comparable to incorporating someone into your company. Guidance for risk management strategies is another benefit of using an independent professional liability insurance brokerage like Fenner Esler. For instance, they offer advice for young structural engineers about how you can spread the risk of big projects among the different experts. When there are delays in a project beyond the structural engineer’s management, the O&E Insurance for structural engineers specialist may also help with negotiating contract terms to keep them from assuming liability.
Structural Engineer Insurance Company
We have more than three decades of experience as a top independent structural engineer insurance brokerage with specialists that create not only customized insurance policies, but the most all-inclusive risk management programs to meet the needs of our customers. For instance, we evaluate contracts and proposals to make certain that our clients are not taking on a disproportional amount of liability for a job. We like keeping our clients current on the best risk management developments available. The individual focus we provide to our clients is what sets us apart from an on-line structural engineers insurance that simply makes contact when a premium is due or it’s time to renew your policy.