Throughout history, engineers have crafted the constructs of our civilization which have stood the test of time and have served not only their clients but the people who occupy and visit these establishments. Indeed, becoming a successful engineer requires flexibility, strong analytical and problem-solving skills, as well as an inquisitive mind so as to meet the standards of the clients.
Due to the fact that engineers are still merely human, committing errors is possible and sometimes unavoidable. And as you may know it, a seemingly small and unintentional mistake, can have major consequences. These include paying a significant sum of money for the damages done as well as other liabilities charged to the engineer or engineering firm. The lawsuit filed against you will continue to be heard in court; but if you have specialized engineers liability insurance, your pockets will be saved from paying all the damages.
Engineering professional liability insurance, also called errors and omissions insurance, safeguards your engineering firm or personal consultancy against financial damages if you are sued for alleged negligence on your projects. Your professional duties will be questioned as well as your capabilities. Claiming that the error is accidental will not be valid in the courts and so you have to bear with the liabilities as well as the potentially hefty legal defense costs.
It is widely known that maintaining the proper professional liability insurance is of great help. There are many insurers that could possibly serve your unique necessities and protect you from the lawsuits that may be filed against you. However, Fenner & Esler has been dedicated to the built environment for more than 30 years. In order for you to be secured, you need to get insurance policy that can provide comprehensive coverage that meets your specific needs.