You should also factor in the cost of legal fees should a claim go to court and any compensation costs you may be instructed to pay. You should consider the scale of the project and how much money and time it will take to repair if something goes wrong. The amount of cover you need is dependent on the type of jobs you undertake. How much Civil Engineers Professional Indemnity Insurance do I need? A Civil Engineering Insurance Policy will help you through any claim you may face whether at fault or not. Liability and indemnity claims can not only be costly but time consuming and stressful. If your machinery breaks or is stolen, an employee is injured at work due to your negligence, stock you’ve supplied turns out to be faulty or something you’ve designed has not worked, you can face lawsuits. Whether you’re a sole trader, own a small business or are part of a large engineering company, Civil Engineers Insurance can be your life line should disaster strike at work. Why do I need Civil Engineers Insurance Cover? To crown it all, you should also make it a habit to comprehensively compare quotes from multiple insurers since they’ll make it easier for you to set up a personalised policy in a matter of minutes (bearing in mind the fact that you will be able to choose from covers such as the public liability, business legal protection, professional indemnity etc). Take note, not only will having a solid civil engineer insurance policy help get your business back on its feet in any eventuality, but it is also able to reassure potential clients when you set out in search of better business. The good news is that our civil engineer insurance features provisions which will protect you from compensation claims, regardless of what it is that you are working on – whether it is roads, buildings or even major infrastructure projects. Assisting in the shaping of the already built environment is such a huge responsibility which is characterised a fair amount of risks.
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