Professional Liability Insurance
No matter if you are solo consulting engineer or the managing principal in an architectural firm with hundreds of employees, the unique work do and clients you serve requires specialized professional liability insurance from an experienced insurance provider.
Professional liability insurance for architects and engineers is more critical in today litigious society.
Claims for you damages filed against you or your firm - no matter how frivolous - can cause significant financial repercussions to you, your subcontractors or third parties
Your general business insurance will not cover lawsuits for negligence in performing professional services.
Why ARCHITECTS and ENGINEERS need Professional Liability Insurance
In most cases, if you are providing a service such as plans for a new building or advice on how to solve a structural, you need professional insurance to cover mistakes, problems with the finished product or disagreements in payment, among other actions. in many instances, you need professional liability insurance as part of your contract or agreements for work.
Most trade associations, such as the National Society of Professional Engineers, American Council of Engineering Companies and the American Institute of Architects, strongly encourages its members and members' firms to take a proactive approach to protecting their business through specialized professional liability insurance. These professional organizations are a good resource for research when investigating options and what to look for in an insurance broker.
Your Risk Management Partner
Mitigating the financial risk you and your company could be exposed to is critical to your business' reputation and success. Architects and Engineers are constantly faced with demanding clients and the need to deliver projects quicker and at lower cost, which can expose you to greater risk and potentially jeopardize your business if you don't have a risk management strategy.
Our agents build a one-on-one relationship with you to best create a comprehensive insurance solution - from general business liability insurance to workers compensation to auto and more - coupled with professional practice insurance as a part of your complete management strategy. It is increasingly important to take into account all factors that could affect your business and to be prepared with the right level of coverage. These factors can be evident, such as your fiduciary responsibility to deliver a project on time and budget to those emerging threats, such as a breach of data security. Heffernan's expert agents will review your potential need for world-wide coverage of prior or existing work and different types of employees that you have working for you.
In addition to providing insurance and guidance to architect and engineering firms, Heffernan agents keep up with the industry through continual education, active participation in trade groups and more so we can best serve you.
Go with the Professional Liability insurance Experts. Go with Heffernan.
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