Fenner & Esler is a top choice as an independent architect & engineers insurance company serving your needs as a design professional. Every structural engineer in Missouri should have structural engineers professional liability, or errors and omissions insurance, aside from the company’s size. Quality structural engineer insurance provides professional financial protection to cover any claims of negligence or breach of contract which may appear. Fenner Esler is your best choice the only choice you need to make for a professional liability insurance company. We’re not just brokers, but experts at dealing with the needs of structural engineers, giving you the protection you need. We are the only choice you’ll need for engineers insurance for this reason.
Any structural engineer who decides to take on a job while lacking the services of an architect & engineers insurance company normally discovers suddenly they’re ineligible to make a move for any high dollar contracts. Most federal and state contracts require structural engineers to have structural engineer insurance to even bid on a contract. The engineers who hold their faith in a projects policy can obtain some smaller contracts at first, but these run the danger of getting extremely expensive with all of the expenses they can incur. If the unthinkable occurs and a claim is brought forward, the structural engineer is probably going to have to pay at least $250,000 out of pocket before the coverage starts to cover the expenses related to a suit. A small firm would go bankrupt attempting to meet that deductible and an independent structural engineer could be ruined. Fenner and Esler’s team of structural engineers insurance specialists ensure the structural engineers insurance our customers choose has acceptable and affordable deductibles, which protects the viability of the firm.
Never make the mistake of thinking you are above the need for architects & engineers insurance. Even the most conscientious structural engineers that follow all the industry’s best practices run the risk of a lawsuit claiming that some omission or error in a building or other structure they worked on was responsible for physical injury or property damage. For the most part legal action of this nature occurs years after a project is finished. Even if the allegations of negligence turn out to be proved false, the price of litigation will be high. Structural engineers insurance is invaluable to protect structural engineers individually, in addition to engineering firms, from the devastating toll of errors and omissions litigation. Structural engineers insurance serves to protect structural engineers from legal fees, in addition to fees that come with legal settlement actions or paying the plaintiff if the court sides against the structural engineers or firm. In the event a suit is filed against the firm or structural engineer, legal representation will be obtained by the insurance company to help with determining the merits of the suit to figure out a suitable method of dealing with it.
Engineers Insurance Company
If you are in need an architect & engineers insurance company, there are many reasons to choose Fenner & Esler. Here are just a few:
- Personalized risk management services
- Flexible insurance plans
- Personalized attention
- Decades of experience
Get in touch with us today to find out first-hand to discover first-hand why Fenner & Esler is such a highly rated choice for architects & engineers insurance coverage.
Structural Engineer Insurance Company
We offer other services in addition to professional liability architect & engineers insurance coverage as well. Any firm will benefit from having structural engineer employment practice liability insurance. Conflicts may arise out of the blue, no matter how great the environment in your structural engineering company is. Such situations need to be promptly addressed as such disputes frequently have a detrimental effect on staff morale, and although most are resolved pretty easily, it’s not hard for all these situations to get out of control. The price of settling and litigating employment practice lawsuits continues to climb each year, which can devastate a structural engineers business that doesn’t possess employment practice insurance for structural engineers. We have put together a team here at Fenner and Esler made up of leading risk management experts to design EPLI for structural engineers that takes into account the amount of staff and outside contractors that work for the firm so that they can ensure that no structural engineer is ever under insured or over insured.
Structural Engineer Professional Liability Insurance Coverage
The importance of having insurance from an independent structural E&O company for engineers shouldn’t ever be underestimated. One lawsuit can take out a smaller company, even when the structural engineer is found not liable in the conclusion. Because of this, it is essential to make sure you are covered. Some young structural engineers disregard this fact and decide to cut costs and not insure themselves Others might choose to self-insure only to realize that the cost of litigation and authorized defense is much higher 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 Professional Liability Insurance Coverage for structural engineers absolute requirement.
Structural Engineer Insurance
Many people find engineer & architect insurance on the web and find that it is far more than they expect. This is because larger organizations cannot provide you individualized customization, and you wind up spending more for services that you will never require. This is where Fenner Esler can help. Through our business understanding and A-rated connections, we’re an independent structural engineers insurance company that can help you to find a policy that will fit your needs exactly, whatever the size of your company. This makes the premium for the insurance much less expensive. Fenner Esler is the place to go because our policies are also scalable to suit the requirements of your jobs. If suddenly you discover you are taking on bigger jobs, it is simple to expand your O&E Insurance policy. Something an independent structural engineers insurance company like Fenner Esler can offer you is the capability to get insurance for a special job. If you accept a single large job that will need more insurance, you can handle it without having to update your regular plan.
Insurance Brokerage Structural Engineers
When searching for a architect & engineers insurance company, it is useful to consider the procedure as comparable to adding a partner into your firm. As independent professional liability insurance brokerage specializing in structural engineers E & O Insurance, Fenner Esler can also provide an advantage with risk management advice. For example, they provide guidance for young structural engineers about how to spread the risk related to huge projects among the various specialists. Additionally, the PLI for structural engineers expert provides guidance 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.
Engineer PL Insurance Coverage Brokerage
Fenner and Esler has been a top independent structural engineers insurance company for more than 30 years. Our specialists in structural engineers insurance ensure that all of your requirements are satisfied and that you are totally conscious of all hazards linked with the job with our risk management services. For example, we look over each contract and proposal to make certain that our clients are not assuming any risks on any of their jobs. We strive to keep our customers up to date regarding the newest innovations and best advice in the area of risk management. The individual attention we provide to our customers is what sets us apart from an on-line structural engineer insurance that simply makes contact when a premium is due or it’s time to renew the coverage.