Fenner & Esler is a leading choice as an independent architects & engineers insurance company serving your needs as a design professional. Regardless of the size of a firm, all structural engineers in Alabama need to have Professional Liability Insurance, or errors and omissions insurance for structural engineers. Quality structural engineers insurance provides professional financial protection to cover any allegation of neglect or breach of contract which might arise. When you need a professional liability insurance brokerage, the best option is Fenner Esler. We’re not simply brokers, but experts at dealing with the needs of structural engineers, giving you the protection you need. We’re the only choice you will need for engineers insurance for this reason.
Any structural engineer that chooses to take on a job without the services of an architect & engineers insurance company normally discovers suddenly that they’re not able to make a move for any high value contracts. Most federal and state contracts need structural engineers to have structural engineer insurance to even bid on a contract. Other engineers decide to depend on a project policy, something that might help them gain smaller contracts, but these policies have amazingly 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 any policy begins to cover any litigation-related expenditure. A small company could go bankrupt trying to meet that deductible and an independent structural engineer could be ruined. The team of experts employed by Fenner and Esler will ensure that the structural insurance coverage for engineers our clients select has low rates to suit any budget, ensuring the operating success of the company.
Thinking you’re above the need for architect & engineers insurance is a mistake you should never make. Even the most competent structural engineer that sticks to all the industry’s rules to the best of their ability must understand the risks of a lawsuit claiming that an omission or error in a building or other structure they worked on resulted in property damage or personal injury. Typically this kind of legal action happens a great deal of time after a project is completed. The legal cost may be substantial even if the claims of negligence are frivolous. For structural engineers working by themselves and engineering firms alike, structural engineers insurance is vital to protect against the catastrophic legal expenses that come with omissions and errors litigation. Structural engineers insurance serves to insure structural engineers against legal fees, as well as from fees associated with settling legal actions or paying the plaintiff if the court sides against the structural engineers or firm. In the event someone files a suit against the firm or structural engineer, legal representation will be secured by the insurance company to help determine the suit’s merits to determine a suitable course of action.
Engineers Insurance Company
If you are in need an architect & engineers insurance company, there are many reasons to select Fenner & Esler. These are several examples:
- Personalized risk management services
- Flexible insurance plans
- Personalized attention
- Decades of experience
Find out first-hand why Fenner & Esler is such a highly rated choice for architects & engineers insurance coverage by getting in touch with us today.
Structural Engineer Insurance Brokerage
We offer other services in addition to professional liability architect & engineers insurance coverage as well. Possessing EPLI for structural engineers is important for any firm. Conflicts can happen in almost any workplace. Even the most closely-knit structural engineer firms can be prone to them. Sometimes, these disputes are easily resolved, but the possibility also exists for a disagreement to escalate into claims of discrimination or harassment. Settlements with disgruntled employees on average have grown every year, and these lawsuits can devastate a structural engineers firm if EPLI for structural engineers isn’t in effect. We’ve created a team here at Fenner and Esler comprised of leading risk management professionals to design structural engineer employment practice liability insurance which takes into account the amount of staff and outside contractors who work for the firm so that they’ll ensure that no structural engineer is ever under insured or over insured.
Structural Engineer Liability Insurance
You should never underestimate the importance of obtaining insurance from a qualified structural engineer E&O insurance broker . It’s a common mistake of structural engineers to falsely think they’re better off saving the money by not insuring. They discover years later, when a lawsuit occurs, however without merit, that they are in big trouble. Others might decide to self-insure only to discover that the expense of litigation and legal defense is considerably more than the structural engineer anticipated. We can offer comprehensive liability insurance coverage at Fenner & Esler. The potential for settling claims or defending one’s self in court makes structural engineers Professional Liability Insurance Coverage absolute necessity.
Structural Engineer Insurance
Many beginning design experts find that they opt out of insuring because the rates they often see for architect & engineers insurance are considerably high. This is because larger organizations can’t provide you personalized customization, and you wind up spending more for services that you will never require. This is where Fenner Esler comes in. We can tailor for you a customized structural engineer policy from several A-rated carriers that is suited to the needs of your business. The result is structural insurance coverage for engineers that is much less expensive. Another advantage of using Fenner Esler is that our policies are scalable so that as the engineering firm take on larger projects, the limits of liability of the policy can be expanded. Something an independent structural engineer E & O insurance coverage broker like Fenner Esler will offer you is the capability to get insurance for a particular project. If you accept just one big job that may require more insurance, you can manage it without needing to update your normal policy.
Insurance Company Structural Engineer
You should always treat selecting an architect & engineer insurance company just the same as though you were appointing a new team member for the firm. As independent professional liability insurance brokerage specializing in structural engineers O & E Insurance, Fenner Esler can offer an advantage with risk management advice. For example, they offer assistance for young structural engineers about how you can spread the risk of big projects among the different experts. When there are delays in a task beyond the structural engineer’s control, the structural engineers E&O Insurance expert may also help with negotiating contract provisions to keep them from assuming liability.
Engineer PL Insurance Company
Fenner and Esler has been a top independent structural engineer insurance company for over 30 years. Our experts in structural engineers insurance ensure that all of your needs are met and that you’re totally conscious of all hazards connected with the project with our risk management services. We are continuously reviewing contracts and proposals to ensure that none of our clients are taking a risk with the amount of liability they might take on for any specific project. We do our best to keep our clients up to date regarding the latest innovations and best advice within the field of risk management. We take pride within the individual attention that we supply to every one of our clients, something that sets us apart from on-line structural engineer insurance brokers that only contact you when they are looking for money or a contract renewal.