Professional Liability Insurance (E&O) for Materials Engineers

We provide professional liability insurance to materials engineers in select states. This type of coverage is also called errors and omissions (E&O) insurance.

What do materials engineers do?

Materials engineers work on the analysis and development of materials which are used to create various products. Materials engineers work with various products such as plastics and polymers, ceramics and glass, graphite, metal and metal alloys. The materials engineering field includes other specialties such as welding engineers, ceramic engineers, metallurgists and metallurgical engineers.

Why do materials engineers need professional liability insurance?

Materials engineers deal with complex issues which involve a high level of technical ability and knowledge. Because of the nature of their work, materials engineers have multiple opportunities to make an error or omission while working on a project. In the event of a lawsuit, materials engineers will have to defend their work and could be liable for large sums of money if found to have been negligent. materials engineers working on large projects can also be included in a lawsuit, along with all other professionals involved in the project, even if no error or omission was made. In any case, legal fees tend to be significant.

It is therefore vital for materials engineers to have professional liability insurance protection.

What protection does a professional liability insurance policy provide?

Professional liability insurance provides materials engineers with protection against damages and legal fees. Professional liability policies provide coverage for claims made against engineers by reason of a negligent act, error or omission in the performance of services.

What policy limits and deductibles are available?

Professional liability policy coverage starts at $100,000/$100,000 (per claim/annual aggregate) up to policy limits of $5 million/$5 million. The most common policy limits for professional liability coverage are $1 million/$1 million. Deductibles starting at $1,000 are generally available.