Insurance for Engineering Firms⁚ Coverage for Engineering Services
Engineering firms play a crucial role in various industries by providing innovative solutions and services. However, like any other business, engineering firms also face risks and uncertainties. To protect themselves from potential liabilities and financial losses, it is essential for engineering firms to have proper insurance coverage.
Types of Insurance for Engineering Firms
There are several types of insurance policies that engineering firms should consider to ensure comprehensive coverage. These include⁚
- Professional Liability Insurance⁚ Also known as Errors and Omissions (E