Inspection & Testing Services Professional Liability Insurance Coverage
Inspection / Testing Services Professional Liability Insurance (also known as Inspection / Testing Services Errors & Omissions Insurance, or Inspector / Tester E&O) protects all types of inspection and testing professionals if a client alleges that you were professionally negligent or failed to perform professional duties, or in the case of the failure of your work to perform as promised in your contract.
Inspection / Testing E&O Insurance is available for a wide variety of professionals, including:
- Inspectors / Inspection Services
- Testers / Testing Services / Testing Laboratories / Testing Labs
- Acoustic Inspectors / Testers
- Equipment Testing
- Home Inspectors
- Insurance Inspection Services
- Loss Prevention Inspectors
- Metallurgical Inspection & Testing
- Non-Destructive Testing
- Quality Inspection Services
- Quantity Inspection Services
- Safety Inspectors
Inspection / Testing Services Professional Liability Insurance Protects Your Business
The high cost of a legal defense could put your inspection or testing firm out of business. Your company's survival and your personal financial security depend upon protecting yourself against the impact of a lawsuit.
Almost any firm or individual that improperly performs services can cause a client to suffer an economic loss - and mounting a defense is expensive. The impact of even a baseless claim can be devastating. Would your company have the resources and expertise to defend against such a claim?
Request a QuoteWhy Do I Need Inspector / Tester E&O Insurance?
As a successful inspection or testing service provider, you are a trusted professional. An Errors & Omissions Policy insures the professional in the event he or she commits an "error" or an "omission" during the course of his or her work. The following scenarios can pose a real danger to your wallet:
- Making a mistake with scheduling
- Making a mistake in testing or inspecting product
- Clients who decide they are unhappy with the work and sue to recover damages
- Product lost through shipping
- Product released to incorrect party
An Errors and Omissions policy does not erase a mistake, but it can help soothe the anger and disbelief of a customer. It helps protect the valued relationships you have developed by protecting both your client and your own financial security.
Mistakes Happen. Even the most skilled professionals are likely to make an error at some point. From human oversights to inadvertent miscalculations, many incidents can result in a lawsuit. This coverage protects inspection and testing professionals against liability for any errors and omissions they may create during the process of developing or delivering their service.
It can also protect you against errors or omissions over which you have no control. A shipping snafu, or the inability to provide the service due to situations beyond your control.
You Can't Be All Places At Once. As your inspection or testing services firm becomes more successful, you may not be able to personally handle every aspect of each job. Errors & Omissions coverage insures not only your mistakes, but also the mistakes of the employees and independent contractors you hire. Request a Quote
What Is Covered by Inspection / Testing Services Errors and Omissions Insurance?
Professional Liability Insurance includes legal defense costs - no matter how baseless the allegations. It will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
Clients may require that you and your subcontractors carry Errors & Omissions insurance. The right kind of E&O policy can protect both the inspection firm or testing laboratory and subcontractors from claims of a perceived error or omission, even if the problem occurs months after the initial job.
Request a Quote
Doesn't My General Liability Insurance Provide the Same Protection?
Errors and Omissions insurance coverage is not provided by a
Commercial General Liability policy. Commercial General Liability does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues. Inspection and testing service providers who have General Liability without Professional Liability (Errors & Omissions) coverage are taking a serious risk. It's like a doctor practicing medicine without Malpractice Insurance.
Request a Quote Customized Inspection / Testing Services Professional Liability Insurance Coverage
Your Professional Liability Insurance policy can be customized to include:
- a business owners package that includes general liability insurance and property insurance
- options including coverage of Personal Injury claims
- defense costs outside the limits of liability
- deductibles beginning at $0
Contact Brunswick Companies today to
request a inspection / testing services professional liability insurance quote.
