What is Engineers Professional Liability Insurance?
Engineers Professional Liability Insurance, also known as Errors and Omissions insurance (E&O), protects engineers against claims arising from errors, omissions, such as inaccurate advice or misrepresentation, or negligent acts in their professional services. This type of insurance helps cover legal fees, settlements, and other costs associated with defending against or resolving these claims. It’s crucial for engineers to protect their business from potential losses due to mistakes or oversights in their work.
Why Obtain Engineers Professional Liability Insurance?
Engineering firms and business owners collaborate with clients to design
a wide range of projects. However, this detailed work can sometimes lean to errors. If a mistake causes a client financial harm, they may take legal action against your business. That’s why professional liability insurance for engineers is essential. We’re here to help you secure a policy that fits your business needs, covering legal expenses, defence costs, and any judgments or settlements that may arise.