Errors and Omissions Insurance for Structural Engineers

  • Published date: February 26, 2019
  • Modified date: February 26, 2019
    • Markham, Markham, Ontario, Canada

Insurance For Structural Engineers -

Structural engineers often have a hard time finding coverage at a reasonable price in Canada, particularly in states such as Ontario. Canada Luckily we have access to multiple insurance programs with extremely competitive rates for structural engineers. We offer insurance for structural engineers in Ontario, Canada.
Why Do Structural Engineers Need Insurance?
Regardless of how competently structural engineer perform professional services, there is always a risk of being sued in today’s litigious society for an error or omission or negligent act in a building or structure that have designed results in property damage or personal injury.. By carrying business insurance, you can help mitigate the risk that most engineers face in their day to day work. If you are sued and don’t have insurance, lawsuits can drain your business and personal assets leaving you without a business, or worse.
Structural Engineers need structural errors and omissions insurance policy to make a bid to almost all high value contracts and Govt. contracts.
It is a big mistake of structural engineers to think they are best off saving the money by not insuring. When they discover years later, a lawsuit occurs, a big trouble can finish your business.
What Types of Insurance Do Structural Engineers Need?
Professional Liability Insurance, also known as Errors and Omissions or E&O for short, is the most important protection that a structural engineer can carry. This type of insurance is meant to cover an engineer in the event that they are sued due to an error or mistake or negligence that they may make in their work. Even if no mistake or error is actually made, an E&O or professional liability policy or professional indemnity policy can help to pay for the costs of defending the lawsuit in order to make it go away. Some structural engineers may also need general liability, commercial auto and/or workers comp in order to satisfy requirements with a client or landlord. Please note that in most cases general liability is contingent upon a structural engineer either having errors and omissions or professional liability coverage in place or purchasing it along with the general liability. Through our industry leading major Canadian carriers, we are proud to offer the following types of business insurance for structural engineers:
 Professional Liability Insurance
 Errors and Omissions Insurance
 General Liability Insurance
 Commercial Auto Insurance
 Worker Compensation Insurance
 Cyber Liability Insurance
 Directors and Officers Insurance
 Legal Expenses Insurance
 And many

Our Structural Engineer Professional Liability and Errors Omissions Program Highlights :
 Rates as low as 20-25% of the rates of many other carriers – Structural engineers can find their premiums soaring into the tens of thousands, where our programs are typically priced much more competitively.
 Coverage available for residential work – Many structural engineers are limited in their options if they perform any residential work, as most carriers favor commercial work instead due to it being considered lower risk in most cases.
 Coverage available for work related to condos – Work related to condos or high rise condos is an issue for most insurance carriers, but we have options that in most cases can still cover condo work.
 New ventures are acceptable – New in business? No problem, we can in most cases cover structural engineers who are new in business and that have little experience.

Insurance For Structural Engineers
Kirpal Multani, C.A.I.B (Hons.)
Registered Insurance Broker Ontario

3100 Steeles Ave. East Suite 101,
Markham Ontario, Canada, L3R 8T3
Toll Free: 1-888-400-4814
Fax: 1-888-760-5854

Useful information

  • Avoid scams by acting locally or paying with PayPal
  • Never pay with Western Union, Moneygram or other anonymous payment services
  • Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
  • This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"

Related listings

  • Vaughan Carpet and Duct Cleaning

    Vaughan Carpet and Duct Cleaning

    Services Woodbridge (Ontario) September 29, 2018

    URL Business Address 6-6150 Highway 7, Unit 213 Woodbridge, ON L4H 0R6 Business Phone 905-231-3082 Business Email Tag: Carpet Cleaning, Duct Cleaning, Upholstery Cleaning Business D...

  • Merlin Family Homes

    Merlin Family Homes

    Services Courtice, (Ontario) September 12, 2018

    Phone Phone: 4164216618, Fax: 4164219386 Adddres Courtice, Ontario, L1C 3K7 Website Keywords Home Builders in Cabbagetown, Description A new home in Toronto is more than a small project – it's a life event. With Merlin Fa...

  • Shimi Real Estate – Vaughan Agents – Realtors

    Shimi Real Estate – Vaughan Agents – Realtors

    Services Vaughan (Ontario) August 30, 2018

    URL: Keywords or Tags: Vaughan Realtor, Vaughan real estate agents, Vaughan real estate Des: Shimi Real Estate licensed real estate representatives serving Vaughan, Thornhill & GTA. ShimiJunaev, a pro’s pro started...