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Professional Liability Insurance Highlights
Vital Coverage to Help Protect Your Career
The possibility of being sued is a reality for all engineers. That's why securing high-quality Professional Liability Insurance coverage is crucial. As a member of ASCE, you have privileged access to the ASCE Professional Liability Program, helping protect your firm from negligent acts, errors, and omissions.Innovative Features
- Designed for a Wide Range of Protection Requirements
Provides the per claim and aggregate limits needed to protect any firm size—up to $5,000,000.* - Experienced Claims Assistance
Appoints expert defense counsel and helps pay for legal costs and other claim expenses, up to limits of liability. - Pricing Advantage
Members of ASCE receive special, negotiated rates and benefit from several premium calculation factors. - Licensing Board Defense
Reimburses insured up to $10,000 for defense costs if insured engineer is brought before state licensing board—at no additional cost. - Nationwide Coverage
For firms located outside the ASCE program's states, Pearl offers alternative placement options.
Coverage That's Right for You
- Exclusively Endorsed by ASCE
Gives members peace of mind knowing it's from a partner they can trust. Plus, it's backed by a respected, financially stable insurance company—rated A (excellent) by A.M. Best Company. - Compensation for Lost Earnings
Pays insureds up to $500 per day for attendance at a qualifying trial, hearing, or arbitration proceeding, up to an aggregate of $7,500 per claim/per policy period. - "Prior Acts" Coverage Available
Extends coverage for claims made during the policy period resulting from acts that occurred prior to the issuance of the policy (for qualifying firms). - Premium Financing
Available for qualifying firms through BankDirect Capital Finance.
Professional Liability Insurance FAQ
Can I get an estimate over the phone or simply by telling you my billings?
No. Due to the multiple factors that go into preparing your quote, we must receive a completed application for underwriting to be able to determine a premium.
I have already filled out an application for my renewal/for a competitor. Do I have to fill out the ASCE application, too?
You may submit the other application for underwriting to review and offer a premium estimate. If you choose to purchase coverage through the ASCE Professional Liability Program, you will be required to complete the ASCE application form to bind coverage.
Do you offer quotes through sub-producers?
No. Because of our relationship with ASCE, we market directly to its members and do not work through sub-producers. If you have a client who is an ASCE member, please put them in touch with the ASCE PL Department at 888.619.1908 or by email to ascepro@pearlinsurance.com.
May I pay using a credit card?
No. At this time, we offer two payment options: payment in full or premium financing through BankDirect Capital Finance. The general financing terms are 25% down with 8 monthly installments.
Do I have to be an ASCE member to purchase this coverage?
Yes. This coverage is a benefit for ASCE members and is not available to non-members.
Do I have to be a licensed engineer to purchase this coverage?
Yes.
I am employed full-time, but want to purchase coverage for "side jobs." Do you offer that coverage?
Yes. We offer "moonlighting" coverage that will protect you for work you perform outside your full-time employment.
How long does it take to obtain a quote?
Please allow 1-2 weeks for your application to go through underwriting; however, if you are under any extenuating circumstances, please notify us of that fact, and we will do our best to expedite the process.
I am a geotechnical/environmental remediation engineer. Does your plan cover my activities?
This exposure is severe. We may have to decline coverage through the ASCE Program, but will attempt to place it with our Pearl Specialty Underwriters Unit.
How can I learn more about the ASCE Professional Liability Plan?
View the Professional Liability Flyer
or
Contact Pearl Insurance for information about the Plan’s features, cost, eligibility, renewability, limitations, and exclusions.
No. Due to the multiple factors that go into preparing your quote, we must receive a completed application for underwriting to be able to determine a premium.
I have already filled out an application for my renewal/for a competitor. Do I have to fill out the ASCE application, too?
You may submit the other application for underwriting to review and offer a premium estimate. If you choose to purchase coverage through the ASCE Professional Liability Program, you will be required to complete the ASCE application form to bind coverage.
Do you offer quotes through sub-producers?
No. Because of our relationship with ASCE, we market directly to its members and do not work through sub-producers. If you have a client who is an ASCE member, please put them in touch with the ASCE PL Department at 888.619.1908 or by email to ascepro@pearlinsurance.com.
May I pay using a credit card?
No. At this time, we offer two payment options: payment in full or premium financing through BankDirect Capital Finance. The general financing terms are 25% down with 8 monthly installments.
Do I have to be an ASCE member to purchase this coverage?
Yes. This coverage is a benefit for ASCE members and is not available to non-members.
Do I have to be a licensed engineer to purchase this coverage?
Yes.
I am employed full-time, but want to purchase coverage for "side jobs." Do you offer that coverage?
Yes. We offer "moonlighting" coverage that will protect you for work you perform outside your full-time employment.
How long does it take to obtain a quote?
Please allow 1-2 weeks for your application to go through underwriting; however, if you are under any extenuating circumstances, please notify us of that fact, and we will do our best to expedite the process.
I am a geotechnical/environmental remediation engineer. Does your plan cover my activities?
This exposure is severe. We may have to decline coverage through the ASCE Program, but will attempt to place it with our Pearl Specialty Underwriters Unit.
How can I learn more about the ASCE Professional Liability Plan?
View the Professional Liability Flyer
or
Contact Pearl Insurance for information about the Plan’s features, cost, eligibility, renewability, limitations, and exclusions.
Professional Liability Insurance Forms
Brochure
Plan Highlights
Application and Supplements
(Use when requesting limits from $100K to $1.5M)
Application and Supplements
(Use when requesting limits from $1.6M to $5M)
Do You Know Who to Call for Help?
Claim Reporting and How to Protect Your Insurance
You may mail, fax, or email your completed form(s) to:
Mail:
Pearl Insurance
Attn: ASCE Professional Liability Department
1200 East Glen Avenue
Peoria Heights, IL 61616-5348
Fax:
866.817.9009
Email:
ascepro@pearlinsurance.com
Plan Highlights
Application and Supplements
(Use when requesting limits from $100K to $1.5M)
Application and Supplements
(Use when requesting limits from $1.6M to $5M)
Do You Know Who to Call for Help?
Claim Reporting and How to Protect Your Insurance
You may mail, fax, or email your completed form(s) to:
Mail:
Pearl Insurance
Attn: ASCE Professional Liability Department
1200 East Glen Avenue
Peoria Heights, IL 61616-5348
Fax:
866.817.9009
Email:
ascepro@pearlinsurance.com
Professional Liability Insurance Contact
| Address: | Pearl Insurance 1200 East Glen Avenue Peoria Heights, IL 61616-5348 |
| Phone: | 1.888.619.1908 |
| Email: | ascepro@pearlinsurance.com |
Certain Underwriters at Lloyd's of London
Since its beginnings over 300 years ago, Lloyd's has grown to become the world's leading marketing for specialist insurance. Lloyd's is renowned for its extensive expertise and know-how in understanding and evaluating risks, making it possible for them to cover some of the most intricate in the world. Lloyd's is rated "A" (excellent) by A.M. Best and A+ by Fitch and Standard & Poor's.
Lloyd's of London Key Facts Sheet
Lloyd's of London Key Facts Sheet
| Secure | Vulnerable |
|---|---|
| A++, A+ (Superior) | B, B- (Fair) |
| A, A- (Excellent) | C++, C+ (Marginal) |
| B++, B+ (Good) | C, C- (Weak) |
| D (Poor) | |
| E (Under Regulatory Supervision) | |
| F (In Liquidation) | |
| S (Rating Suspended) |
Professional Liability Insurance Articles
The Alabama Supreme Court Affirms General Contractor's Recovery from
Limitation of Liability Provisions in Arizona: Enforceable and Distinguishable from Indemnity Provisions and the Assumption of Risk Defense Estimates
Minimizing Risks Associated with Construction Cost Estimates
Nebraska Federal Court Denies Summary Judgment for Architect on Professional Negligence Claim
Infrastructure Inspection Engagements: Opportunities and Perils
Federal Claims Court Rules That Architect’s Imperfect Plans Did Not Breach Duty or Contract
New York Court Imposes Duty on Design Professional to Third-Party Owner in Light of Certifications to City Building Department
Limitation of Liability Provisions in Arizona: Enforceable and Distinguishable from Indemnity Provisions and the Assumption of Risk Defense Estimates
Minimizing Risks Associated with Construction Cost Estimates
Nebraska Federal Court Denies Summary Judgment for Architect on Professional Negligence Claim
Infrastructure Inspection Engagements: Opportunities and Perils
Federal Claims Court Rules That Architect’s Imperfect Plans Did Not Breach Duty or Contract
New York Court Imposes Duty on Design Professional to Third-Party Owner in Light of Certifications to City Building Department
