At Fenner & Esler, we offer options for surveyor insurance in addition to our broad selection of options when it comes to architects & engineers insurance. Regardless of size, any firm which is responsible for West Virginia land surveys is required to possess the coverage of insurance for surveyors, which can be tailored according to both the size of the firm and its requirements. Often, many firms to make the mistake of choosing a generic type of surveyor liability insurance, and often they don’t become aware of their mistake until it’s too late. The sad reality is that in the vast majority of cases, such policies fail to cover the full amount of court and legal costs that are going to be required, or you’re stuck paying for a policy that’s far beyond what your firm will require. In either circumstance, the firm stands to lose a significant amount of money.
In the event of a lawsuit being filed against the firm for alleged negligence or mistakes, insurance coverage for surveyors will offer protection. In addition, a surveyor professional liability will provide coverage for the surveyor’s legal defense, because court fees can be devastating even if the firm is found free of any liability. Take this example. A plaintiff pursued a lawsuit against a land surveyor in 2000, all the way to the Supreme Court of West Virginia. Despite the fact that the judicial system did not find the land surveyor at fault, the cost of this defense was substantial.
Errors and Omissions Coverage Surveyors
It’s also important to locate a firm that is dependable and is going to still be operating whenever it comes time for you to seek the protection of your surveyors E&O. This is because errors & omissions insurance for surveyors works on a claims-made basis, and if your coverage lapses you will find yourself unprotected. 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. Fenner and Esler will additionally review risk management strategies for your practice, a service that you’re not going to find from bigger E&O insurance coverage brokers for surveyors.
We at Fenner & Esler take pride in being an independent insurance broker, supplying services of the highest quality in regards to types of insurance such as:
Environmental Consultants Insurance
E&O Insurance Coverage Company Surveyor
Discovering an independent brokerage with experienced agents is definitely to your greatest benefit. If you’re searching for a customized policy for surveyor insurance, you need to find a brokerage possessing experience in your area and willing to set you up with the best possible option. If you are looking for a quality surveyors liability insurance company that offers a broad range of top-rated insurance product, look no further than Fenner and Esler Insurance. We have more than three decades of experience in providing PL insurance coverage for surveyors in West Virginia. To find out more regarding how we can meet your needs, contact Fenner and Esler at (201) 262-1200.