What is General Engineers’ Liability Insurance?

General engineers’ liability insurance, or business liability coverage for general engineering contractors, offers essential financial protection against typical business claims. This coverage serves as the primary recourse in case of incidents or mishaps at job sites or premises.

Why do I need it?

Business Protection – The core objective of general liability insurance for general engineers is to protect businesses from lawsuits that stem from the following:

• Business Liability
• Contractual Liability
• Products Liability
• Employee Liability

Company Compliance – Various project owners and state regulators require a certificate of liability insurance for general engineering contractors before commencing operations.

Marketing Benefits – Exhibiting proof of general engineers’ liability coverage instills a sense of assurance in potential clients, underscoring your dedication to responsible business practices and ensuring protection for all parties involved. This safeguard effectively shields your business, enhances your professional reputation, and improves your chances of securing successful bids.

Property Landlords – Various commercial leasing companies request proof of adequate general engineering contractors’ business liability insurance coverage to obtain a lease.

What does it Cover?

General liability insurance for general engineers offers crucial coverage for legal defense and damages, up to the specified policy limits, if a third-party file a lawsuit against you for bodily injury or property damage caused by your business activities.

It offers protection to business owners, mitigating the impact of unforeseen expenses that can arise from:

• Bodily Injury
• Property Damage
• Products/Completed Operations
• Personal/Advertising Injury
• Medical Payments

What is a Certificate of Insurance?

A certificate of insurance acts as proof of the liability coverage and limits that clients, contractors, or other parties may demand before entering into a business relationship.

What is an Additional Insured?

An additional insured (AI) is an individual or entity other than the policyholder covered under general engineers’ liability insurance. It is the most commonly requested endorsement of standard liability policy.

How much is it?

A liability insurance quote for general engineering contractors is impacted by various elements, including the type of work involved, claims history, coverage location, and prior or ongoing policies.

With our team’s vast industry expertise, we will conduct thorough searches across reputable insurance providers to identify the most suitable coverage for your business while prioritizing your budget.

What are my Payment Options?

Our programs offer multiple payment options when purchasing your general liability policy for general engineers.

Full Payment Option – Pay the premium with one payment.
Direct Bill Option – Pay the monthly premium to the carrier directly.
Financing Option – Pay the monthly premium through a finance company.

Why choose Fairbanks Insurance Brokers?

At our core, we focus on construction insurance, forging partnerships with premier providers to deliver the most competitive rates on affordable general liability insurance for engineers, perfectly aligning with your specific needs and financial considerations.