Engineers E&O

The general public is often confused between the meaning and tasks performed by an Engineer, an Architect, and a Draftsman. I will try to give you a brief overview of each.

Engineer:

There are many different types of Engineers; Civil Engineer, Structural Engineer, Water and Wastewater Engineer, Transportation (road, highway, railway) Engineer, Geotechnical Engineers, Forensic Engineers, Land Development Engineers, Mechanical Engineers, Survey Engineers, Chemical Engineers, Mining Engineers, Hydrology Engineers, and Electrical Engineers to name a few. The Engineer’s primary purpose is to plan and design structures, concentrating on the structural elements and safety of use during normal and extreme use. Engineers can be a consultant, site inspection, planner, scheduler, billing, surveyor, and quality control. As you can see from the Venn diagram, Engineering is the most broad of all categories, encompassing Architecture and Draftsman.

Architecture:

The professional Architect focuses mainly on the aesthetics/artistry, feeling, and visual design elements of a structure. More of a “form” over “function”. They may help determine how the space will be used and how many people it will serve. They also design the façade, interior decoration elements, landscaping, and property layout. They commonly design structures such as; homes, offices, public places, businesses, retail stores, medical facilities, and churches.

Draftsman:

Draftsmen, or drafters, work with Architects to complete drawings via computer programs like CADD. They not only draw up designs for buildings, but also circuitry, mechanical parts, and machinery. Their work will include many detailed specifications like; materials, dimensions, calculations, tables, technical handbooks, procedures and processes, warnings, and additional notes and directions. Like Architects, Draftsmen often conduct work for: residential and commercial projects, highway and bridges, sewer systems, flood control projects in the fields of, aeronautics, electronics, and architecture.

Although each industry is different, the best results come form projects where the Engineers, Architects, and draftsmen work together on collaboration and cooperation throughout the entire project.

Engineers are involved in a demanding, complicated, detailed, and ever-changing process. They are subject to a high level of scrutiny and investigation. Engineers are regularly at risk for slip-and-fall accidents, copyright infringement, and client property damage lawsuits. These conditions create a greater risk of misunderstanding, miscalculations, and claims of misappropriations of funds. Lawsuits can quickly and easily develop over most any reason or cause. The smart Engineer professional will purchase an Errors and Omissions Insurance Policy (aka Professional Liability Insurance, or General Liability Insurance) that is specifically designed for Engineers. Many Insurance Companies will lump all Engineers, Architects, and Draftsmen into one bundle to cover them all the same way. However, you should know that each industry faces separate and unique challenges and risks. Ensure your Errors and Omissions Insurance (aka E&O Insurance) for Engineers is customized to your unique profession.

ACE Financial Group Ltd offer a simple, quick, and easy way for you to get an online E&O Quote, complete an online application, and then pay online. You should receive your Certificate of Coverage and Declarations page the very next business day. Buying and Errors and Omissions Policy has never been easier! Just click on the "Instant Quote" link below.

Errors and Omissions Insurance Policies are also riddled with many limitations, exclusions, riders, rate-ups and limits, written in a legalize boilerplate format in order to shield the insurance company from ever paying out in a claim. As the business owner, you need to be very savvy against their manipulation by considering an alternative to their insurance policy games.

Therefore, ACE Financial does not offer an insurance product, but a very effective alternative to insurance by using a risk-sharing group of like-minded industry professionals. We protect our own family by grouping together these low-risk professionals in a policy that is designed and customized to protect them in an honest, practical, cost saving manner. This allows ACE Financial to offer one of the lowest rates in the industry. This risk-sharing method has legally and effectively been used for hundreds of years successfully with farmers, churches, many other professions and governmental agencies.

At ACE Financial, we offer errors and omissions coverage tailored to your specific needs and budget. We understand the unique risks and challenges that you face as a professional in your occupation. We can help you find the best policy that suits your personal and professional needs. We can also provide you with a certificate of liability coverage that you can use to prove your coverage to your clients or partners.

Don't let an unexpected claim or lawsuit ruin your business. Contact us today to get a free quote and learn more about our errors and omissions coverage options. We are here to help you protect your business with confidence and peace of mind.

For personalized advice, to explore the best coverage options for your business, and to get a low rate quote, reach out to our expert customer service advisors today.

For specific insurance details, terms, and conditions, please consult with a licensed insurance professional. The information provided here is for informational purposes only and does not constitute legal or financial advice.