Insurance For Engineers

What Kind of Insurance do I need for My Engineers Business?

Most Engineers Businesses have a Business Owner's Policy called a BOP. A BOP is a great becasue it combines three general insurance coverages and saves you money.

We recommend these products as a base:

• Business Owners Policy: A business owner's policy provides you with general liability insurance coverage and also protects your business with third-party protection against bodily injury, property damage, personal injury, business equipment, and more.
• General Liability Insurance: General liability insurance is a type of business insurance that provides financial protection to a business in the event that it causes harm or is alleged to have caused harm to a person or their property.
• Professional Liability Insurance: Professional liability insurance, also known as errors and omissions insurance, helps protect your business if you are sued for negligence in the performance of services you provide to your customers.

How Much Does Engineers Insurance Cost?

• The size of your Engineers business
• How many employees work for you
• If you keep customers information stored in a data system
• If you have trucks or vehicles or tow equipment

Your Engineers Business may also need other types of business insurance, like:

• Commercial Auto Insurance: Commercial auto insurance is liability and physical damage protection for vehicles, such as cars, trucks and vans, that are used for business. Commercial vehicles require a separate policy because they’re typically exposed to more risk than personal vehic
• Commercial Umbrella Insurance: Commercial umbrella insurance coverage is designed to protect an organization against monumental liability claims that can demolish a business through a large financial judgment.
• Cyber Insurance: Cybersecurity insurance, known as cyber liability insurance or cyber insurance, is a contractual agreement that allows an organization to mitigate the financial risks involved in conducting online business. By paying a monthly or quarterly fee, the insura
• Workers Comp Insurance: If your employees experience a workplace injury or illness, workers' compensation coverage safeguards both your business and your employees, providing employee rehabilitation and death benefits as well.

Similar professions and Engineers business insurance?

• Architects
• Building inspectors
• Construction project managers
• Control systems integrators
• Draftsmen
• Engineers
• Interior designers
• Land surveyors
• Landscape architects