At Fenner & Esler, in addition to providing top notch architects & engineers insurance, we provide options for surveyors insurance. Regardless of size, any firm which performs Arizona land surveys must obtain the coverage of insurance for surveyors, which can be adjusted for the both the size of the firm and its needs. Frequently, many firms to make the mistake of opting for a generic type of E&O insurance for surveyors, and usually they don’t become aware of the error until they find themselves in a situation where coverage is needed and not there. The unfortunate truth is that in the vast majority of cases, these kinds of policies don’t cover the full amount of legal and court costs that are going to be required, or you are stuck paying for a policy that’s above and beyond what your firm will require. Either way, your firm loses money as a result of being unable to find errors and omissions insurance coverage for surveyors that works best for you specifically.
In the event of a lawsuit being filed for supposed mistakes or negligence against the firm, surveyors liability insurance will provide protection. In addition, a surveyor professional liability completely covers the surveyor’s legal defense, since even if the court finds the firm to be not liable, the costs incurred by a legal defense are known to run into the tens of thousands of dollars. One example is a 2000 lawsuit that was pursued against a land surveyor that went as far as the supreme court of Arizona. The legal fees were quite significant, even though at the end of the day, the court found the land surveyor not to be liable.
Surveyors PL Insurance Coverage
Most surveyors insurance works on a claims-made basis, meaning surveyor firms need to be sure their E&O for surveyors does not lapse in order to be certain they are protected in case of a lawsuit. Since the statute of limitations can be several years, the policy enforced at the time of a job needs to be in force for the amount of time the statute of limitations allows lawsuits. Additionally consider that contrary to bigger surveyor errors and omissions insurance coverage companies, Fenner and Esler will go over risk management strategies for your practice.
Fenner & Esler is an independent broker supplying quality services in regards to:
Environmental Consultant Insurance
Surveyor Professional Liability company
Discovering an independent brokerage with experienced agents is definitely a wise choice. If you want a customized policy for errors & omissions insurance for surveyors, you want a brokerage possessing experience in your area and willing to find you the best possible option. Fenner and Esler Insurance is an independent surveyor professional liability broker that offers a wide variety of highly rated insurance product. We have been providing the best E & O for surveyors in Arizona for more than thirty years. To learn more regarding what we can do, contact us at (201) 262-1200.