Engineers have the unique ability to see solutions where others see challenges. Through innovative thinking, extreme attention to detail, and carefully calculated actions, engineers of all kinds design and create things that make our lives better. Unfortunately, because of the extremely complex nature of their jobs, engineers also often find themselves on the wrong side of professional liability claims.
Because a small mistake by an engineer contractor can have significant consequences for a project, clients are often quick to point fingers — even when no mistake has been made. That is why it is essential for Ontario engineer contractors to have Errors and Omissions insurance in place before signing on to any project.
Common Risks for Engineer Contractors
When you work in a highly specialized field, it is easy to run into miscommunications and suspicion of wrongdoing. Most people simply don’t speak engineer, so whether an actual mistake has occurred or a client simply wants to place blame, claims arise against engineering contractors almost every day.
Here are some hypothetical scenarios based on some of the most common E&O insurance claims we have seen levied against engineers:
Your client believes he incurred a loss due to engineering drafts and blueprints containing an oversight.
Your client believes he must repair one of your submitted designs due to an error you have made in it.
Your client believes you did not stick to the agreed upon budget, resulting in cost overages or unfinished work.
Your client believes that engineering submissions are causing a bottleneck on the project due to their delivery time.
Of course, the complexity of an engineer’s day-to-day work means that the above are just a small sampling of the near countless reasons clients can — and have — lawsuits for professional negligence.
Who Does Cover Advantage Protect?
As the engineering field becomes more and more specialized, you may find yourself wondering what types of engineer contractors need E&O insurance. Here are some of the most common types of engineers who can benefit from professional liability coverage:
Bottom line: if you work in the engineering field and have direct or indirect interactions with clients, you likely are at risk of being accused of wrongdoing.
Get a Quote. Get Covered.
Whether you work independently or within a larger firm, it is important you keep yourself protected. Your skillset is among the most coveted in Ontario, so don’t let one mistake or false claim put your career at risk. Get protected today.