Engineers know that there is a certain level of risk involved with their work, but that doesn’t mean they shouldn’t be protected. If you regularly provide such services, professional liability insurance for engineers will give you the financial safety net you need to protect yourself against job-related lawsuits.
Boosting Your Defense
Unfortunately, there are many opportunities for engineers to be sued, and mistakes can be costly. If a client feels they have been wronged or damaged in any way by the services you provided, they could sue for professional negligence. Professional liability insurance for engineers protects you against claims such as negligence, copyright infringement, or personal injury by providing both financial and legal assistance.
Choosing the Right Insurance
Some companies will offer custom, flexible insurance packages to ensure that you get exactly what you need. Liability and deductibles are based on the size of your business and your company’s risk. You may even be eligible for project-specific coverage and add-ons that protect you from claims made outside of your policy period, such as prior acts coverage and tail end coverage.
When choosing a broker, it’s important to work with a company that has a long history of insurance experience, a wide range of connections, and national recognition. This way, you can confidently say that you’re protected.