In the worst case scenario?
A customer sues you, a fire breaks out, or a technical error paralyzes your business. This can not only be stressful, but also costly.
Calculation error
A calculation error leads to construction delays and additional costs.
Faulty part
A mechanical engineer designs a faulty part that leads to a production stoppage.
Construction error
A design flaw causes expensive damage to a facility.
No worries – we have everything in sight for you.
Protection for your designs, projects, you, and your engineering office.
The most important business insurances for engineers
A customizable and 100% digital insurance management solution tailored to you.
The most important insurances for engineers
Engineers in construction and mechanical engineering must protect themselves against a variety of risks.
Important commercial insurances are:
Professional indemnity insurance
Protects you from the financial consequences of planning errors or construction monitoring errors that result in damage.
Contents insurance
Protects your office equipment and technical devices from damage by fire, theft, or water damage.
Construction performance insurance
Covers unexpected damages during the construction phase, thus protecting your project and your investments.
The right commercial insurance protects against these claims for engineers
The most common insurance claims that can be brought against engineers vary depending on the type of engineering work and the specific projects they are involved in. However, here are some typical claims:
Error or negligence in planning or construction
Engineers could be held liable for errors or deficiencies in their designs or constructions that result in financial losses or damages.
Breach of contractual obligations
If engineers fail to fulfill the obligations specified in their contracts, their customers or clients could file claims for damages.
Violation of professional standards
Engineers must adhere to professional standards set by industry organizations or lawmakers. Violating these standards could lead to legal claims.
Liability to third parties
Third parties affected by the activities or decisions of the engineers may have claims for violation of their rights or interests.
Liability in connection with environmental damage
If engineers are involved in projects that have environmental impacts, they could be held liable for damages caused by these activities.