The importance of obtaining service from a leading independent architects & engineers insurance broker is something which must never be underestimated, whatever the size of your firm. The present state of the economy means that it’s more essential than ever for architects to make a concerted effort to protect their private finances and the assets of their firm. As a business owner, having all your bases covered is a priority. This is very important in the architecture business since expensive litigation could result from one little error or omission. Even if you are found not liable in the end, the price of such litigation is generally enough to wipe out a small or moderately sized firm. The potential damage to your reputation is also something you have to think about. To secure the future of your business, architects insurance is an essential ingredient to success. Fenner & Esler is a highly experienced independent architect insurance company which can assist you to navigate this challenging course to find the best architects insurance for you.
Options for Architects Insurance in New York
Online you will find a lot of architects & engineers insurance brokerages offering cookie cutter policies. This stops a large number of architects from finding policies that will be capable of meeting their requirements effectively. In reality, the price of the cookie cutter policies leads many beginning structural architects to make the decision to go without architects insurance, that has the capability to be a career ending mistake. Young architects make this error more frequently than you might think. Lots of times they decide it is in their best interest to put aside funds in case of an emergency rather than pay for insurance services they won’t require. There are several issues with this particular scenario, however. First of all, taking from the cash that was put aside is much too easy, and should a serious crisis arise unexpectedly, the financial security of the company is now at stake. Many lawsuits are filed years after the project has been completed, so you don’t know when you will need coverage. Second, underestimating how much money will be involved in the litigation is common. Such court cases are known to drag on for years and may devastate or bankrupt your business, not to mention the damages to your professional standing. Even if unfounded, architects & engineers insurance can additionally help you protect against claims of negligence. Your very best option is rather to seek the help of a trusted independent architect and engineers insurance brokerage such as Fenner & Esler, since we are able to find architects and engineer insurance which is going to suit your precise requirements.
Architects Insurance Company
Taking into account the number of online insurance offers you will find, it isn’t easy determining the best architects & engineers insurance company. Various insurance carriers have various exclusions, deductibles, and riders, which may make it difficult to compare the different policies they supply. The few clear-cut policies that promise to supply complete architect professional liability insurance are inclined to be very costly and often over-cover architects in solo practices or small businesses.
What You Need To Know About Architects Insurance Coverage
You may not have thought a lot about professional liability architect and engineers insurance coverage. However, it’s an essential part of your career. This is the reason remembering a few facts is important. A few examples are:
- Both you and the client benefit from professional liability insurance
- You could get more clients as a result
- It’s important no matter how small or large your projects may be
- Even if you are retired, having a policy in place is important
Get in touch with the experts at Fenner & Esler today to discover more about what we can offer as a professional liability architect and engineers insurance broker.
Architects Insurance Companies
We are an independent architects insurance company and possess years of expertise working with design professionals. As a result, we realize that no architecture firms are alike. Their requirements for architects insurance can vary as the nature of the projects they take and the experience of the professionals involved will result in different types of risks. Unlike many of the larger architects insurance companies, we make an effort to listen to all of your concerns and understand your business needs. This way we can use our industry experience to come up with a comprehensive architect liability policy with coverage from A-rated carriers which will be sure to fit your needs precisely. By doing this you do not just have an engineer or architect professional liability insurance policy you’re able to afford, but will supply you with the exact coverage you need.
Architect Insurance
For the past 30 years, our team at Fenner & Esler has worked hard to gain our status as a top quality architects & engineers insurance company. We have an advantage as an independent architect insurance company as our commitment is to you, the design professional, and not to an insurer. One other advantage of partnering with an independent architects and engineers insurance company is that our representatives use their in-depth understanding of the dangers involved in the design industry to create customized insurance policies that match the requirements your firm today, that possess the flexibility to change because your insurance conditions differ in each individual period of your career.
Architects Insurance Broker
With one-size-fits-all architects and engineers insurance policies that you find from larger architects insurance companies online, generally you won’t get information on the design industry’s best practices for risk management. Spending time researching this information on the internet and determining whether a certain recommendation will apply to your practice and is consistent with the laws and regulations in your state is time consuming at best. Fenner & Esler is your partner in risk management in addition to developing custom architects errors and omissions insurance policies. Fenner & Esler provides you with the peace of mind you require to stay focused on your business in a number of ways. We’ll evaluate your contracts, supply you with advice on the best strategies to safeguard your firm, and keep you informed regarding the latest industry practices that can apply to your practice. If you need architects and engineer insurance, work with an independent architects liability insurance company you’ll be able to trust to not overlook any detail, while nevertheless keeping in mind the big picture. This is why so many firms depend on Fenner & Esler if they need an brokerage for engineers or architects errors and omissions insurance.
Respected Architects & Engineers Insurance Company
As a top quality independent architects and engineers insurance company, we’ve developed and maintained connections with strong A-rated architect insurance providers. Our customers know they can rely upon their architects’ professional liability insurance policy in the event it’s ever needed. We provide professional liability insurance policies that are scalable, so they are ideal for young architects who are just getting their business started. We can modify your coverage as your firm grows, so your are constantly protected from lawsuits regarding claims of errors or omissions. As former clients may file a lawsuit years following the completion of the work, we also provide inexpensive tail insurance policies to supply this kind of protection for architects once they’ve retired. This is among the reasons we’re a top option for those trying to find architects insurance companies.
Architects Insurance Brokerages
We’ve worked hard to earn our status and do not take it for granted. We provide service for a broad variety of design professionals, providing architect and engineer insurance, surveyors insurance, and environmental consultants insurance as well. We’re here to listen to and help you address your concerns, whether you’re not certain if you have the correct amount of architect errors and omissions insurance coverage, you want to renew your current architect PL insurance, or you’re merely curious what other architects and engineers insurance alternatives are out there. To find effective protection for your practice, call Fenner & Esler, a quality independent architects insurance company.