At Fenner & Esler, in addition to supplying top notch architects & engineers insurance, we offer alternatives for surveyor insurance. Regardless of size, any firm that is responsible for land surveys in Wisconsin needs to possess the protection of insurance for surveyors, that is able to be tailored according to both the size of the firm and its requirements. A great deal of survey firms choose to use merely a generic choice in terms of PL insurance coverage for surveyors, which may provide either coverage beyond the firm’s needs or insufficient coverage that leaves the firm vulnerable to the financial damages that come with claims or litigation. The unfortunate truth is that in the vast majority of circumstances, these kinds of policies don’t cover the full extent of legal and court expenses that are going to be needed, or you are forced into paying for a policy that’s far beyond the requirements of your firm. Either way, your firm loses money as a result of not being able to find insurance coverage for surveyors that suits your individual firm best.
The advantage to PL insurance for surveyors is that covers the surveyor in the event a lawsuit is filed against the firm for allegations related to allegations of negligence or mistakes made during the survey. The surveyor’s legal defense will be completely covered which is absolutely vital, since even if the court finds the firm to be not liable, the cost of a legal defense usually run into the tens of thousands of dollars. One example is a 2000 lawsuit that was pursued against a land surveyor which went as far as the supreme court of Wisconsin. The legal costs were very significant, despite the fact that at the end of the day, the court decided that the land surveyor was not to be liable.
E & O Insurance Surveyor
It’s also vital to locate a firm that is reliable and will still be operating when the time comes for you to seek the protection of your surveyors E & O insurance coverage. This is owing to the fact that E&O insurance 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 you’re protected under at the time of the work provided should still be in effect at least as long as the statute of limitations permits a lawsuit to be made. Fenner and Esler will also go over strategies for risk management for your practice, a service which you’re not likely to find from bigger PL insurance brokerages for surveyors.
Fenner & Esler is an independent brokerage supplying quality services in regards to:
Environmental Consultant Insurance
Liability Insurance Brokerage Surveyor
When looking for the best surveyors insurance coverage which is customized for the needs and size of your firm, it’s important for you to find an independent brokerage with agents that have years of experience customizing surveyor professional liability insurance in Wisconsin. If you’re looking for a quality surveyors errors and omissions insurance company that offers a wide range of top-rated insurance product, look no further than Fenner and Esler Insurance. We’ve got over three decades of experience in providing surveyors E & coverage in Wisconsin. To learn more about how we can meet your needs, call Fenner and Esler at (201) 262-1200.