At Fenner & Esler, we offer alternatives for surveyors insurance in addition to our broad selection of options for architects & engineers insurance. Regardless of size, any firm which performs land surveys in Iowa needs to obtain the security of surveyor insurance, which can be adjusted according to both the size of the firm and its requirements. Frequently, many firms to make the mistake of selecting a generic type of surveyor insurance, and often they don’t realize their mistake until it’s too late. The unfortunate truth is that in the vast majority of cases, these sorts of policies fail to cover the full extent of legal and court costs that are going to be needed, or you’re stuck paying for a policy that is far beyond the requirements of your firm. Either way, your firm loses money as a result of not being able to find surveyor E & coverage that suits your individual firm best.
In the event of a lawsuit being filed against the firm for alleged negligence or mistakes, surveyors insurance will offer protection. The surveyor’s legal defense will be completely covered which is absolutely vital, because even if the court finds the firm free from liability, the cost of a legal defense frequently run into the tens of thousands of dollars. One example is a 2000 lawsuit that was pursued against a land surveyor which went all the way to the Iowa Supreme Court. Even though the judicial system did not find the land surveyor at fault, the defense’s cost was great.
Professional Liability Insurance Surveyors
Most surveyors insurance works on a claims-made basis, which means surveyor firms need to make sure their surveyor errors and omissions insurance doesn’t lapse in order to ensure 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 as long as the statute of limitations permits lawsuits. Also take into consideration that contrary to larger insurance companies for surveyors, Fenner and Esler will review strategies for risk management for your practice.
We at Fenner & Esler take pride in being an independent insurance brokerage, providing services of the highest quality in regards to types of insurance like:
Environmental Consultant Insurance
Professional Liability Insurance Company Surveyors
Finding an independent brokerage with experienced agents is definitely in your best interest. If you want a customized policy for surveyor E & O, you want a brokerage possessing experience in your area and willing to get you the best possible option. If you are searching for a quality PL insurance broker for surveyors that offers a broad range of top-rated insurance product, look no further than Fenner and Esler Insurance. We have been providing the best PL insurance coverage for surveyors in Iowa for over thirty years. To learn additional information regarding what we can do, call Fenner and Esler at (201) 262-1200.