At Fenner & Esler, in addition to providing first class architects & engineers insurance, we supply options for surveyors insurance. Regardless of size, any firm which performs New York land surveys must have the coverage of insurance for surveyors, that is able to be tailored according to both the needs and size of the firm. Many survey firms opt to get merely a generic choice when it comes to surveyors PL insurance, which may provide either coverage beyond the needs of the firm or insufficient coverage that leaves the firm open to the financial costs that come with claims or litigation. It is known that such policies frequently fail to cover the extent of court and legal fees you may incur, or you may be tricked into paying for a policy that is far above and beyond what is required for your individual firm. Either way, money is lost by your firm as a result of not being able to find insurance coverage for surveyors that suits your individual firm best.
The advantage to surveyors insurance is that covers the surveyor in the case there is a lawsuit filed against the firm for allegations related to allegations of negligence or mistakes made during the survey. In addition, a surveyor professional liability will provide coverage for the surveyor’s legal defense, since court fees can be catastrophic even if the firm is found free of any liability. One example is a 2000 lawsuit that was pursued against a land surveyor that went all the way to the supreme court of New York. Despite the fact that the judicial system didn’t find the land surveyor at fault, the cost of this defense was great.
Insurance Coverage Surveyor
It is also vital to find a firm that is reliable and will still be operating whenever the time comes for you to seek the protection of your E & O insurance for surveyors. This is because professional liability insurance coverage for surveyors works on a claims-made basis, and in case of your coverage lapsing 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 as long as the statute of limitations allows lawsuits. Also take into consideration that contrary to bigger professional liability insurance brokers for surveyors, Fenner and Esler will go over risk management strategies for your practice.
Fenner & Esler is an independent brokerage providing quality services in regards to:
Environmental Consultant Insurance
Surveyor Liability Insurance company
Finding an independent brokerage with experienced agents is without a doubt in your best interest. If you want a customized policy for E & O coverage for surveyors, you need to find a brokerage possessing experience in your area and willing to get you the best possible option. Fenner and Esler Insurance is an independent surveyor insurance coverage brokerage that carries a wide variety of highly rated insurance product. We’ve got more than 30 years of experience in providing insurance for surveyors in New York. To find out more about how we can meet your needs, contact us at (201) 262-1200.