Professional Liability Insurance Engineers
Engineer professional liability insurance covers your legal defense fees.
Professional liability insurance engineers. Especially with professional liability insurance. Remember if you work in the design phase of engineering there are design professional liability insurance policies developed specifically for your field. Also known as errors and omissions insurance e o professional liability insurance is designed to protect engineers in the event of causing a professional mistake which results in causing injury to someone or damage to their property. Depending upon your level of coverage an engineer s professional liability insurance policy can pay for your legal expenses when defending against lawsuits whether you are at fault or not.
Up to 20 million up to 35 million for firm with revenues over 10 million policy features. We can provide tailored solutions for the sole proprietor the head of a large firm and everything in between. Asce s expanded program includes higher limits and broader coverage. These claims examples are for illustrative purposes only.
One of the broadest professional liability forms in the industry. Directory of professional liability insurance carriers updated september 2019 assembled annually by nspe s professional liability committee and the risk management committees of the american institute of architects and the american council of engineering companies. Multi year policies available for eligible small accounts. Contact the broker of your choice today to complete an application and obtain a quote.
Victor develops and administers professional liability insurance exclusively through licensed insurance brokers across canada. If the court rules in the client s favor your insurance can also help to pay the settlement or judgment amount. When an engineering employer firm goes out of business or discontinues professional liability insurance coverage this situation could create potential liability exposure for the individual employed engineer particularly where the employed engineer s name and engineering seal are on engineering documents prepared on behalf of the firm. Professional liability insurance aka e o insurance for engineers.
Professional liability insurance for engineers whether you re an engineering consultant hired for a small project or a large firm coordinating a multi billion dollar design build engineering projects are complex and constantly under scrutiny. To find a broker or get help contact victor. Engineers architects surveyors landscape architects. 1 800 267 6684 ask for ted bellinger email.
Engineers professional liability insurance helps you weather the legal and financial storm that can be caused.