Professional liability insurance is the cornerstone of insurance coverage carried by engineering firms like yours. The threat of a liability claim is a significant business risk because such claims put the firm’s reputation at risk, and the cost to defend and resolve even frivolous claims can be substantial.
Engineering firms consist of professionals with specialized skill and knowledge providing services to a wide variety of industries. Claims alleging negligence in performance of those services is a significant business risk for any ACEC member firm. Professional liability insurance protects engineering firms from the financial impact of this risk. Coverage is available for typical services, such as engineering and surveying, but also many non-traditional services as well.