Contact US

Log In

Come Join Us!

Are you an
Engineering professional?
Join Eng-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!

*Eng-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here

Professional liability insurance

Professional liability insurance

Professional liability insurance

as a quick reference, what range of costs are you seeing for E/O insurance (say for a small startup geotech firm)? i realize this will depend greatly on the locale and billings but a generalized range would be appreciated.

RE: Professional liability insurance

I would say go to www.plan.org. Look up an agent in our area and talk to them.

It also depends on how many professionals and employees in the firm.

Rafiq Bulsara

RE: Professional liability insurance

There have been many threads on this topic, you might want to do a search.


RE: Professional liability insurance

It also depends on your volume and liability exposure.

Yea.  Best to contact a local agent and get a qoute.   

Mike McCann
MMC Engineering

RE: Professional liability insurance

Professional liability insurance for engineers is based on gross revenue.  It is also rated on the types of services you offer, with geotechnical being at the top of the list for high rates, high liability, and high claims rate.   

RE: Professional liability insurance

thanks folks. i tried a search before but didn't find anything good...will look again though. and i'm already talking with an agent.

RE: Professional liability insurance

Does that imply that Geotech guys are the OB/GYN of Engineering?  

Seriously, you are right.  When I removed "Project Management" from my list of work activities (at the suggestion of my insurance broker after looking at my audit results for a couple of years), the cost of insurance went down significantly, and I know that if I take a PM job I will have to get supplemental short-duration insurance.  So far I've just turned down any PM work that came along, I can't afford $10k in insurance to make $11k.


RE: Professional liability insurance

If you type "Professional Liability Insurance" in the Google search bar above you get hundreds of threads.  I just read the first 5 and they each answer your original question.


RE: Professional liability insurance

David...exactly!  I agree also that you have to pick and choose your areas of practice to keep the insurance down.


Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Eng-Tips Forums free from inappropriate posts.
The Eng-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Eng-Tips forums is a member-only feature.

Click Here to join Eng-Tips and talk with other members! Already a Member? Login


Close Box

Join Eng-Tips® Today!

Join your peers on the Internet's largest technical engineering professional community.
It's easy to join and it's free.

Here's Why Members Love Eng-Tips Forums:

Register now while it's still free!

Already a member? Close this window and log in.

Join Us             Close