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What Is The Average Cost Of Professional Liability Insurance For A Civil Engineer.?

Jan 30, 2009 by delbert j | Posted in Engineering

I am working on a engineering purpose project and we need to estimate the cost to run our fake company for a month with 5 engineers. One of our items is liability insurance. About how much would it expenditure on a yearly or monthly basis to insure a small engineering limited company with 5 civil engineers.
Obviously I tried googling it first. There is no info on it, that is why I am here.

Odd companies will charge wildly different amounts. It really IS in your most adroitly interest to check around for a good rate.

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Perhaps You may google it first ,however, if you like some lineal resource ,here http://www.InsuranceFreeTip.info/insuran ce-for-free.htm might be your choosing.
JOSEPH W | Jan 30, 2009

Numerous companies will charge wildly different amounts. It really IS in your first-class interest to check around for a good rate.
Christopher L | Feb 02, 2009

 

What Is The Cost Of Professional Liability Insurance For Structural Engineers?

May 17, 2007 by probro778 | Posted in Engineering

I was wondering if anyone could ballpark the prize 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 occupation is mostly design and consulting work.

IF you could find someone to insure you, it would depend on your involvement, 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 poverty to insure for.

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

fact check...

300K/year for sole proprietor?

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IF you could find someone to insure you, it would depend on your common sense, 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 demand to insure for.

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

genuineness check...

300K/year for sole proprietor?
BMS | May 17, 2007

Technicality delays street extension project

08.12.09

The diagram to extend Fountain Street is on hold because the winning contractor did not do enough to find businesses owned by minorities or women to stop in the project, the Cape Girardeau City Council was told Monday evening.

Nip Kelley Mat Co. in October won a $1.02 million city contract to found two blocks of Fountain Street, from Morgan Oak to William streets. The pucker award, however, was contingent on approval from the Missouri Department of Transportation, which provided federal enhancement funds for the drudgery.

The department rejected not only Kelley's bid but also that of the second-lowest bidder, Fronabarger Concreters Inc., because both failed to tournament federal requirements for using minority- and women-owned businesses, borough engineer Kelly Green told the council.

The MoDOT motion pushes the projected start date for the Fountain Avenue project back from the beginning of January to sometime in the spring, most likely April or May, Rural said. The city first won funding

Source: Southeast Missourian

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