Professional Liability Insurance For Engineers

June 5, 2010 by
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Professional Liability insurance for engineers
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What is the Cost of Professional Liability Insurance for Structural Engineers?

I was wondering if anyone could ballpark the price of Professional Liability Insurance for a Structural PE in the US who owns his own business with no employees and bills about 300,000 USD a year. The work is mostly design and consulting work.

IF you could find someone to insure you, it would depend on your experience, what type of projects you design (no condos) if you have a litigation history, what deductible you can show you could pay, and what is the amount you want to insure for.

I recently looked and it was almost 15K/year for 1 mill coverage w 50K deductible

reality check…

300K/year for sole proprietor?

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