Engineering Insurance

Protect Your Business with Engineering Insurance

You’re passionate about solving problems, and we’re dedicated to protecting you from them. From designing to developing, we know engineers deal with unique risks – and our engineering insurance is here to help you get through them.

Do Engineering Consultants Need Insurance?

Architects and engineers work with clients to design building plans or ensure things work properly. We know engineering firms face unique challenges on top of the common risks many small business owners face, like property damage or bodily injury claims.

This is why getting the right coverage, like liability insurance for engineers, is important. Adding business insurance to your risk management plan can help you run a successful small business.

What Insurance Coverage Do Engineering Companies Need?

Many engineers start with a Business Owner’s Policy (BOP) for their insurance needs. It combines three types of insurance coverage that can help protect your business from different risks:

General Liability Insurance

Helps cover claims that your business caused bodily injury or property damage to someone else.

Commercial Property Insurance

Helps protect the owned or rented building, tools, equipment, and inventory you use to operate your engineering business. This includes:

Computers
Protective equipment like goggles, gloves, and helmets
Saws
Hammers
Toolboxes
Jacks
Wrenches

Business Income Insurance

Helps replace lost income if you can’t operate your engineering business because of a covered property loss.

While a BOP creates a good foundation for protection, you may need other types of coverage to help protect your business from other claims. For example, many engineers need professional liability insurance, which helps cover claims that there was a mistake or error in the professional services given. This coverage is also known as errors and omissions insurance (E&O insurance).

If you drive business-owned vehicles for work, you may also need commercial auto insurance to protect you and your employees on the road.

Take Care of Your Team with Engineering Insurance Coverage

As a small business owner, you want to make sure your employees are protected. Your team faces unique risks on the job that can cause them to get hurt or sick. Engineering insurance protects engineers and contractors and can help them if they get hurt or sick from their job. Coverage can include:

Employee Injuries
Essential Employee Absence

Covering Your Engineering Property

You rely on special tools and equipment to run your engineering business. If they get damaged or destroyed, it can be devastating for your firm. That’s why engineering insurance is important to have. Coverage can include:

Corrupted Computer Files
Drone Damage