Fenner & Esler is a top choice as an independent architect & engineers insurance company serving your needs as a design professional. Regardless of the size of a firm, all structural engineers in California need to have Professional Liability Insurance, or errors and omissions insurance for structural engineers. Structural engineer insurance provides professional the financial protection they desire in case of allegations of negligence or breach of contract. Fenner Esler is the top choice when you’re looking for a professional liability insurance broker. We are specialists in handling the insurance needs of structural engineers, engineers, and other design professionals. We are the only choice you’re going to require for engineers insurance for this reason.
Any structural engineer who decides to take on a project without structural engineers insurance normally discovers suddenly they’re ineligible to make a move for any high value contracts. Most federal and state contracts need structural engineers to have structural liability insurance coverage for engineers to even bid on a contract. The engineers who hold their faith in a projects policy might get several smaller contracts at first, but these run the danger of getting very costly with every one of the expenses they could incur. 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 cash before any policy starts to cover any lawsuit-related expense. A financial deficit this big could potentially cripple many small firms and any structural engineers working for themselves. We’ve got a number of agents that specialize in structural engineer insurance whose chief job is ensuring that our customers are protected by their policy at all times and don’t have to suffer any unaffordable costs.
Never make the mistake of thinking you are above the requirement for architect & engineer insurance. The chance of a lawsuit that claims an omission or error in a building or structure that they have worked on is responsible for causing property damage or personal injury is a situation faced by even the most diligent structural engineer. For the most part litigation of this nature happens a great deal of time after the completion of the project. The cost of litigation will be high even when the allegations of negligence turn out to be frivolous. For individual structural engineers as well as engineering firms, structural engineer insurance has a value that must not be underestimated. Come up with the best course of action by reviewing the suit’s merits.
Engineers Insurance Company
There’s a large number of reasons to select Fenner & Esler when you are in need an architect & engineer insurance broker. Here are several examples:
- Personalized risk management services
- Flexible insurance plans
- Personalized attention
- Decades of experience
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.
Engineer Errors & Omissions Insurance
We offer other services in addition to professional liability architect & engineers insurance coverage as well. Any firm will benefit from possessing EPLI for structural engineers. Conflicts can come up out of nowhere, no matter what the environment in your structural engineering company could be like. These scenarios need to be instantly addressed since these disputes frequently have a detrimental impact on staff morale, and although most are resolved pretty easily, it isn’t difficult for all these situations to get out of control. The price of litigating and settling employment practice lawsuits continues to climb every year, which can devastate a structural engineers company that does not possess employment practice insurance for structural engineers. At Fenner and Esler our experts craft a EPLI for structural engineers policy that takes into consideration each facet of your practice to be sure no structural engineers are ever over or under insured.
Structural Engineer Professional Liability Insurance
The importance of having insurance from an independent structural professional liability insurance company for engineers cannot be underestimated. While some engineers select to go without this protection under the false assumption that the project owner’s insurance will provide safety in case of a claim, some find, frequently when a claim is brought forth years later, that they are not covered. People who opt to self insure often find that they either failed to anticipate the actual cost of litigation, or else were tempted to remove the cash for other expenses. We can offer comprehensive liability insurance coverage at Fenner & Esler. The necessity for PL for structural engineers becomes clear when one takes into account all these elements.
Structural Engineer Insurance
Many people find architect & engineers insurance online and find it is far more than they expect. The reason being these policies are frequently one size fits all policies, which genuinely do not work in your best interest. This is where Fenner Esler comes in. We can tailor for you a customized structural engineers policy from a number of A-rated carriers that is suited to the needs of your firm. The result is structural insurance coverage for engineers which is much cheaper. Another advantage of using Fenner Esler is that our policies are scalable so that as the engineering firm take on bigger jobs, the limits of liability of the policy could be enlarged. Fenner Esler can even provide you specific per-project alternatives so that you can accept just one large job without needing to cover more for your typical structural engineer insurance.
Insurance Broker Structural Engineer
This process is no less important than adding a new team member to your firm or business. Guidance for risk management methods is another advantage of using an independent professional liability insurance brokerage like Fenner Esler. How you can spread the risk of big tasks is one particular example that any structural engineer will find useful. Furthermore, the structural engineers Professional Liability Insurance specialist provides advice during contract negotiations in terms 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 Engineer PL Insurance Broker
Fenner and Esler has been a top independent structural engineer insurance company for over 30 years. Our specialists in structural insurance coverage for engineers ensure that all of your needs are met and that you are totally alert to all risks connected with the job with our risk management services. For instance, we review proposals and contracts to ensure that our clients are not assuming a disproportional amount of liability for a project. We strive to keep you current with the newest innovations and best courses of action within the area of risk management. The individual attention we offer our customers is what sets us apart from an online structural liability insurance for engineers that just makes contact when a premium is due or it’s time to renew the coverage.