Professional Liability Insurance for Surveyors

There are tons of surveyors in Ontario. While it might be possible to work in other areas, most will actually survey lands in the Ontario area. If you’re a surveyor, you can guarantee that the demand for your services is always going to be high. Just remember that problems can occur. Ontario residents can be pretty demanding. If you’re not cautious, there is a possibility that you’re going to get yourself into trouble at some point. Just imagine the possibilities. You could make a mistake and misjudge the land. If this happens, you’re going to be hit with a lawsuit from your clients.

A surveyors professional liability insurance policy can make a huge difference. You may also need CGL insurance. After all, there is a possibility that you’re going to injure someone when surveying the land. Again, this would lead to a significant lawsuit. Working with a surveyors PLI insurance broker will ensure that you’re able to get the insurance that you need to keep your business afloat for many years to come. Never forget to ask your broker to explain you the process of getting a professional liability insurance policy along with some ballpark quotes for your coverage. Any experienced professional can should be able to provide you a range of numbers based on what you tell them about your business.

 

Professional Liability Insurance For Surveyors

 

What are the average surveyors E&O insurance prices? Is this a sufficient amount of coverage? You’re going to find the answers in the in-depth guide below.

 

More Insurance Coverage Options

Surveyors professional insurance is a good choice, but it should be considered a starting point. This type of insurance is not going to solve each and every problem that you’re going to face. Commercial general liability insurance for surveyors will shield you even further. Combining these policies can help. Nevertheless, you’re going to need more coverage as well. Some of the add-on coverage that you may need will be explored in greater depth below.

Commercial Vehicle Insurance

Surveyors are always required to travel. This is the only way that they can determine how much land is available and how much it is worth. This is why surveyors need vehicle insurance. Get this insurance to protect your company in the event of a motor vehicle accident.

Commercial Vehicle Insurance Recommended Limits – $2,000,000 per claim / $4,000,000 aggregate

General Liability Insurance

CGL insurance is another good option. After all, your work could easily injure someone or damage their property. If it does, you’re going to be held responsible. This is why you need a good amount of CGL insurance. It will make a huge difference in the long run.

Commercial General Liability Insurance Recommended Limits – $100,000 per claim / $1,000,000 aggregate

Equipment Breakdown Coverage

Surveyors are required to utilize tons of equipment to analyze the land. What is going to happen if this equipment malfunctions and breaks down? Well, there is a good chance that your company is going to cease operations until you can replace this equipment. That is why you should get equipment breakdown coverage today!

Equipment Breakdown Coverage Recommended Limits – $50,000 per claim / $100,000 aggregate

Fraud Insurance

You should also think about acquiring fraud insurance. One of your employees may attempt to deceive someone in hopes of increase their earnings. Fraud insurance can protect you from potential problems.

Fraud Insurance Recommended Limits – $50,000 per claim / $100,000 aggregate

 

Costs You Should Expect

Now, it is time to learn about the potential surveyors PLI insurance cost. The truth of the matter is that surveyors PLI insurance coverage can be a bit expensive but that totally depends on factors such as how much professional liability coverage you need, your claims history, number of employees, and your gross revenues. Nevertheless, it is going to prove to be well worth it in the long run. Below, you’ll learn more about the price average for the insurance options that are essential for surveyors.

Let it be known that the figures provided above may or may not remain true for your business. The costs of surveyors E&O insurance are going to vary from one company to the next. They’ll vary based on the size of your business, your location, and the risks that you’re going to face. The best way to find out the accurate surveyors professional insurance cost is by getting in touch with us. We will help you by providing you with free quotes. Just contact us today to get started and we’ll make sure that your business is covered to the fullest.

 

insurance for surveyors

 

Surveyor Disability Insurance

You biggest asset in life is your earning ability. If you are unable to work, you will need to rely on either your savings or borrow money to sustain your lifestyle. When these unfortunate circumstances occur, dependents and spouses are also impacted financially and emotionally.

Disability insurance coverage will provide you a monthly income benefit, usually totaling 70% to 80% of your income, when you are unable to work for a period of time due to injury or illness.

Types of disability insurance

 

FAQ before purchasing surveyors professional liability insurance

Other useful posts you should also read

 

Other professions we also provide insurance for:

Academic Testing Centers
Accident Investigation
Accident Prevention Consultants
Accountants
Actuaries
Adjusters
Adoption Agencies
Advertising
Advertising Agencies
Advertising Agents & Services
Aerial Mappers
Agents
Agrologists
Agronomists
Alarm Monitoring Services
Allied Health Professionals
Alternative Dispute Resolution Firms
Alternative Energy
Answering Services
Anthologist
Anthropologist
Appraisers
Arbitrators & Mediators
Arborists / Tree Surgeons
Archaeologists
Architects
Architects & Engineers
Architectural technicians and technologists
Associations
Attorneys
Auctioneers, Auction Houses
Authors
Bailiffs
Blueprint & Photocopy
Boat Registrars
Bookkeepers
Broadcasters
Building Designers(Bill 124)
Business Brokers/Managers
Business Consultant
Business Enterprise Agencies
Business Training Courses
Cabling Designers
Camera & Photo Supply Stores
Careers Advisory Service
Catering Consultancy
Cereal Growing Advisors
Chambers of Commerce & Trade
Charities
Chiropodists
Chiropractors
Civil engineers
Claims Adjusters & Administrators
Collection Agencies
Commercial Printer
Communication Consultants
Company Formation
Company Search Agency
Conference & Event Management
Conference Facilities & Services
Conservation Consultants
Conservation Organizations
Consultants
Consumer Organisations
Contest Managers
Contractors Accountants
Convention Planners
Copywriters
Counselling & Advice Services
Court Reporters
CPA/CMA
Credit Reference Services/Bureaus
Custom House Broker
Customs & Forwarding Agents
Data Processing Services
Database Managers
Day Spas
Decorators – Interior
Dental Laboratories
Designers
Dietitians (Consulting)
Directors
Directors and Officers
Documentary creators
Employment Agencies
Employment Agencies/Recruiters
Employment Placement Agencies
Energy Audits & Assessments
Engineers
Environmental Engineers
Event Planners
Excess & Umbrella Liability
Filmmakers
Fitness Clubs
Foreign Legal Consultants
Holistic Professional
Home inspectors insurance
Immigration Consultants
Independent Contractor
Industrial Designers
Information Technology
Interior Designers
IT Contractor
IT Specialist/Technician/Programmer
Journalists
Lawyers
Lawyer’s Excess Professional Liability
Long Term Care
Management Consultants
Mediators
Medical Clinics
Medical Devices
Medical Professionals (Malpractice Insurance)
Medical Related
Medical Student Malpractice Insurance
Mortgage Brokers
Multimedia designers
Naturopaths
New Media
Occupational Health and Safety Consultants
Paralegals
Photographers
Placement Agencies
Podiatrists
Private Investigators
Process Servers
Product Designers
Professional Entertainers
Professional Organizer
Professionals Liability
Project Managers
Property Managers
Publishers
Publishers and Printers
Quality Control Consultants
Recruiters
Recruitment and Employment Agency
Recruitment Consultants
Research & Development
Roofing Consultants
Safety Engineers
Service Organizations
Solar & Wind Farm Engineers & Consultants
Spa Package
Structural Engineers
Sub-Contractor
Surveyors
Tax Prepares
Technology Companies
Therapist Professionals
Town / Urban Planners
Training Providers/Trainers
Translators etc.
Travel Agencies
Travel Agents
Travel Agents, Tour operators
Web Designers
Web-Site Designers
Workplace Engineers & Consultants