Civil engineers plan and build roads, bridges, airports, industrial plants, pipelines, etc. Engineering firms have an unprecedented capacity to impact people from all walks of life. In this capacity, civil engineering firms are held to high standards.
As a civil engineer, you must maintain work and safety standards that guarantee people's safety. Despite the complex nature of infrastructure and design, you'll be held financially liable for any mishap from your work. Safe to say you need exceptional engineer insurance coverage.
Luckily, insurers provide a broad range of civil engineer insurance policies covering civil engineering firms against every possible peril. How do you get the best coverage with so many civil engineering insurance policies available? Dig in as we explore the best business insurance for civil engineering contractors.
Professional indemnity insurance protects your civil engineering firm against claims accusing your business of committing errors and ommissions.
Claims against a civil engineer's professional indemnity coverage result from clients alleging that your products, services, or employees caused them to suffer financial damage.
Professional indemnity insurance is also known as Errors and Omissions (E&O) insurance. Professional indemnity for civil engineers covers:
Errors - Your firm lands a project to design a water treatment plant. Within the first year of operation, the owners discover significant flaws in your design, leading the plant to close down temporarily for repair and modifications
Negligence - Your firm designs a large commercial complex housing hundreds of small businesses. Later on, the government discovers sewage runoff flowing into the nearby wetlands. Your company is sued for not considering all environmental hazards
Missed deadlines - Your firm is late submitting the final designs for a multi-million dollar downtown stadium. The delay almost thwarts the city's eligibility for federal funding and ruins the completion dates. The city sues you for poor performance and damages
Also known as CECR insurance, completed engineering risks insurance covers completed civil engineering projects, including roads, bridges, highways, and pipelines against geological conditions and environmental perils. It also covers hazards that may result from the operation and use of these infrastructures. Essential coverage for cerc insurance includes fire, explosion, earth movement, water hazards, earthquakes, tsunamis, volcanic activity, etc.
Insurance companies allow you to protect ongoing construction projects against uncertainties through builders' risk insurance. Builders' risk insurance helps you recoup lost money if the construction project or its materials and equipment become lost or damaged due to theft, fire, vandalism, explosions, and other covered perils.
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Besides professional liability insurance and others discussed, your civil engineering firm requires additional coverage to mitigate other risks.
General liability insurance protects your civil engineering firm from risks that may arise due to business activities. This is a common inclusion in tailored insurance for civil engineers together with professional indemnity insurance. General liability insurance will protect you against the following:
Third-Party Personal Injuries
|Equipment such as bulldozers and excavators can injure third parties who happen to find themselves in a project site your civil engineering firm is supervising. If they decide to file a claim, general liability insurance will cover medical expenses. It may also cover funeral expenses if third parties die due to an injury your civil engineering business’s operations inflicted
Third-Party Property Damage
|Construction projects your civil engineering firm is supervising can become messy. Accidents happen and will damage someone’s property as a result. If the person files a claim, general liability insurance will refund the value of the property damaged
Legal Defense Costs
|Personal injury claims and property damage claims are settled in court. This is why general liability insurance will cover attorney fees, administrative costs, and other legal expenses on your behalf
Save for Texas, every state in the United States requires engineering firms to have worker's compensation insurance. Workers’ comp covers your employees for lost wages and medical expenses resulting from work-related injuries. This coverage is essential because construction projects your civil engineering firm oversees have many occupational hazards.
Employee Treatment/Medical Procedure
|Accidents such as slipping and falling, being overrun by heavy machinery, falling from a height, and getting struck by an object are common. If not accidents, then employees will experience heat stroke, exhaustion, pulmonary disease, asthma, and lung cancer. Illnesses or injuries resulting from work-related hazards will require your business to cover the medical treatment/procedure an employee needs. Workers' compensation insurance ensures that you don’t use business funds when doing so by providing money on your firm’s behalf
|Injuries such as fractures, burns, and cuts as well as the illnesses mentioned above will force your civil engineering firm’s employee to stay at a hospital. Workers' compensation insurance helps with this. It will pay hospital bills so that your employee gets adequate hospitalization
|Your civil engineering firm’s employees might need money to buy specific medicines to heal a work-related injury or disease. Shouldering the expenses for medication is also a job of workers' compensation insurance
|If your civil engineering firm’s employee needs rehabilitation to recover from injuries such as fractures or amputations, workers compensation insurance will cover therapist fees, rehab equipment, and other related expenses
Lost Income Compensation
|If an employee can’t come to work due to a work-related injury or disease, the law mandates you cover lost wages. If you have workers' compensation insurance, losses won’t be incurred when doing so. Workers comp provides a weekly allowance if an employee can’t work for the time being. Your employee will receive an amount equal to two-thirds or 67% of the average weekly wage. Therefore, if the injured or sick employee makes $1,322 per week, the weekly allowance from workers' compensation insurance will be $885.74 ($1,322 x .67)
|An employee can also die from a work-related injury or illness. Of course, your civil engineering firm must provide death benefits. Workers' compensation insurance assumes this responsibility. Specifically, it will pay for funeral expenses and will provide an allowance to the deceased’s dependents on behalf of your business
Workers' compensation insurance is a strict requirement for an engineering firm. The threat of work-related accidents resulting in injuries and illnesses is apparent. Here’s a recorded incident from the Occupational Safety and Health Administration:
Civil engineers' commercial property insurance protects your business assets – office space, equipment, tool, inventory, etc. The policy will compensate you if your office building catches fire or your tools and equipment are vandalized or stolen from the business premises. Your insurer will reimburse you the value of the damaged or stolen property. The perils covered include explosion, fire, theft, vandalism, hail, windstorm, and lightning.
Actual cash value and replacement cost are terms you’ll need to understand in order to have an idea how much coverage the policy provides.
In insurance terms, actual cash value pertains to a reimbursement commercial property insurance provides that takes the depreciation of a scheduled property into account. For example, if your civil engineering firm’s $1 million warehouse depreciated 2% and it got destroyed, you can only get $200,000 from commercial property insurance as reimbursement for losses.
Replacement cost, on the other hand, means that commercial property insurance will reimburse losses without taking the depreciation of the covered property into account. Say if your $1 million warehouse got burned and it depreciated 2%, commercial property insurance will provide money equal to the original value of the destroyed property.
Commercial auto insurance, which you can also find in safety consultant insurance bundles, is a coverage for the vehicle your civil engineering firm is using for business purposes. The coverages of this inclusion in tailored civil engineer insurance are as follows:
Auto Liability Coverage
|If the commercial vehicle of your civil engineering firm crashes into an object or another vehicle and injures third parties or damages property as a result, commercial auto insurance’s auto liability coverage will help. Auto liability coverage will take care of the emergency treatment of persons injured and will reimburse the owners of damaged properties
Physical Damage Coverage
|Fixing vehicle damage is expensive right now. This is why it’s smart to include physical damage coverage in commercial auto insurance. You have two options - collision and comprehensive. If your civil engineering firm’s commercial vehicle becomes damaged due to fire, theft, vandalism, and other covered perils, comprehensive physical damage coverage will take care of parts repair or replacement. On the other hand, collision physical damage coverage will shoulder expenses if your civil engineering firm’s commercial vehicle incurred damage after colliding with a vehicle or object. Both don't cover aftermarket parts. Also, damage due to rollovers is excluded
Rental Reimbursement Coverage
|Rental reimbursement coverage is available if you decide to get collision or comprehensive physical damage coverage. This will cover your expenses for vehicle rental while your firm’s commercial vehicle is being repaired
MedPay/Personal Injury Protection
|MedPay and personal injury protection will cover the driver of your civil engineering firm’s commercial vehicle. It also takes care of passengers. When the driver and passengers become injured in a vehicular accident, MedPay will pay for medical and funeral expenses. Personal injury protection does the same but provides added perks such as lost income compensation and coverage for after-hospital visits
If your civil engineering firm has multiple vehicles under its name - dump trucks, flatbed trucks, mixer trucks, and other heavy machinery, consider getting commercial fleet insurance instead of commercial auto insurance. In terms of function, fleet and commercial auto insurance are the same. The difference lies in the number of vehicles covered. Unlike commercial auto insurance, commercial fleet insurance will insure 2 - 15 vehicles under one roof at a cheap price.
Cyber liability insurance is a critical requirement, with data breaches, hacks, ransomware attacks, and viruses becoming commonplace. Most general liability policies exclude cyber liability, exposing your business to expensive risks. You must safeguard your business from the negative impact of a technological mishap. Cyber liability insurance for civil engineers covers the cost of:
Notifying your clients and partners of a data breach
Lawsuits and settlements follow data loss
Restoring your business reputation
Data breach-related losses
Damages related to a cyberattack incident
Also known as BOP, a business owner's policy is a bundled product that covers your business against the most common risks. Most plans combine general liability insurance and commercial property insurance into a single, affordable product. But note that this doesn’t apply to all. Other companies sell a business owner’s policy featuring additional business interruption insurance, workers compensation insurance, professional liability insurance, cyber liability insurance, etc.
A BOP can help you save money since it carries lower premiums than purchasing individual coverage separately.
By the way, if you think that a BOP isn’t enough, then go for a custom plan. A custom plan allows you to avail all insurance useful for your civil engineering firm. But note that you have to prepare your budget because a custom plan is never cheap.
Civil engineering firms spend about $64 a month or $768 a year on professional indemnity insurance. However, the cost of professional liability insurance depends on various factors, including:
Area of specialization
Your claims history
Shopping around for civil engineering insurance can help lower your overall cost. Request quotes from several civil engineer professional liability providers and then pick the best one. Cost isn't the only factor to consider while buying site engineer insurance coverage for your firm. Choose the insurer providing the best risk coverage.
Compare civil engineering insurance quotes online by clicking the "Get Quotes" button on our homepage. We can help you get the most affordable coverage plans from the best insurance carriers in the country.
|Cost per Month
|Cost per Year
|Civil engineers shopping for insurance quotes online
|Civil engineers who need multiple insurance coverage for their businesses
|Civil engineers looking for specialized insurance coverage
|Businesses seeking professional indemnity coverage
|Engineering firms looking for high policy limits
Get all the best quotes from leading providers in a click of a button!
When shopping around for civil engineer insurance coverage, it helps to partner with the insurers offering the best deals. Here's a review of the best providers of civil engineer insurance policies. Read to know their pros, cons, and monthly pricing for a $1 million general liability coverage.
Exception online service with knowledgeable agents
Useful online tools for company coverage from different carriers
CoverWallet is a brokerage firm, not an insurance company
CoverWallet is an insurance brokerage firm that allows you to purchase insurance from leading insurers in the country. Some of its partners include Chubb, Progressive, and Hiscox. CoverWallet simplifies the process of getting and comparing quotes from different insurance carriers. The firm has a team of exceptional agents to help you get the best insurance coverage for your civil engineering firm.
Best for: Civil engineers shopping for insurance quotes online
Average cost: $63 per month
Our rating: 10/10
Offers bundled policies at discounted prices
Charges no policy cancelation policy
Services are available 24/7
Only provides online services
Founded in 2015, Next is a favorite insurance provider for small and medium-sized businesses requiring multiple insurance coverage. The company leverages online technology to provide affordable insurance coverage to small businesses. Eliminating intermediaries and other expensive overheads allow Next to carry some of the lowest insurance rates on the market. Next bundles professional, general liability, Errors & Omissions, worker's comp, and commercial auto insurance coverage into single affordable coverage.
Best for: Professionals who need multiple insurance coverage for their businesses
Average cost: $68 per month
Our rating: 10/10
High policy limits
It covers a broad range of perils
Poor claim payment
Founded in 1901, Hiscox is one of the leading specialist insurers in the USA. The insurer provides specialized coverage to a subset of industries that other insurers are wary of. Hiscox has developed leading innovative insurance products and services by diverging from standard insurance coverage. The company offers professional liability, general liability, and property insurance. You can purchase coverage directly from Hiscox USA or through brokers.
Best for: Professionals looking for specialized insurance coverage
Average cost: $71 per month
Our rating: 8/10
One of the oldest and most reliable insurance companies in the country
Requires extensive paperwork
Founded in 1810, The Hartford is a subsidiary of The Hartford Financial Services Group, Inc. The Fortune 500 company is headquartered in the city of Hartford, Connecticut. The company has a rich history, over 200 hundred years, of providing quality insurance coverage to American businesses. Hartford's professional indemnity policy covers negligence, misrepresentation, and inaccurate advice.
Best for: Businesses seeking professional indemnity coverage
Average cost: $78 per month
Our rating: 10/10
Largest commercial and industrial insurer in the country
Diverse product offerings
High coverage limits
Highly customizable policies
Poor customer service
No online quotes
Short for American International Group, AIG is among the largest insurance companies in the US. The insurer operates in more than 80 countries and provides a diverse range of insurance coverage. AIG provides insurance coverage and other financial services to individuals and businesses alike. The company is committed to helping businesses prepare and respond to uncertain times and emergencies.
Best for: Engineering firms looking for high policy limits
Average cost: $75 per month
Our rating: 7/10
Civil Engineering firms face many perils that could have them facing millions of dollars in claims and damages. Taking out adequate insurance coverage, including professional indemnity insurance, helps avoid any potential trouble. The best civil engineer insurance policies address all the potential risks unique to your services and products.
We provide valuable insurance information and quotes to civil engineers looking to secure and safeguard their firms. You can compare civil engineering insurance quotes online by clicking the "Get Quotes'' button on this page. Check the offers and pricing of the most reputable carriers providing coverage.
Lonnie Bell Insuranker
Policy Type: Business Insurance
Company name: Employers Insurance
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!