Why Is Business Insurance for Engineers Important?
Architects and engineers work with clients to design building plans or ensure things work. We know engineering firms face unique challenges on top of the common risks many small business owners face, like property damage or bodily injury claims. This is why business insurance for engineers is important. See how adding business insurance to your risk management plan can help you run a successful small business.
Get Started With a Business Owner’s Policy (BOP) for Engineers
Many engineers start with a Business Owner’s Policy (BOP) for their insurance needs. It combines three types of insurance coverages that many small businesses need to help protect them from different risks.
General liability insurance to help protect your engineering firm from claims that it caused bodily injury or property damage to someone else’s belongings.
Commercial property insurance helps protect the owned or rented building and equipment your firm uses to operate. This includes:
- Protective equipment, like goggles, gloves and a helmet
Business income insurance helps recover some of your lost income if you can’t operate your engineering firm because of covered property damage.