California Surveyors Forums

Dear "fellows":

I have just been informed that my e&o insurance will more than double for the upcoming year.

The reason they state is; "an upward trend in claims against Land Surveyors"
Is this really TRUE ??? I've thought of Land Surveying as being a fairly low risk profession . . .thoughtful and considerate.

Could these claims be arising from construction staking ?? In which case, wouldn't this be "Engineers Helpers" ??? Falling under Civil Engineering ?

The New prices will drive up my costs, but as usual, it will most likely further reduce profits.

Question ?? Are there really that many claims against Land Surveyors ???

Thank You

Been making a lot of claims Dave?

I got a notice of non-renewal in the mail yesterday -- my carrier is no longer offering "this product" in California. (They didn't say if "this product" is all E&O, or only PLS E&O.)

Edit: I misspoke -- the non-renewal notice was for my general liability policy, not E&O.

I understand a break in E&O insurance can be a really bad thing. The new company will not pick up issues before the new contract and the old company no longer has a contract so the professional now paid for insurance that is of no use, combine that with the length of time a typical issue takes to be discovered and you could have a problem. Jp

Insurance sucks. The insurance companies write their own rules.
Some companies refuse to issue general business liability unless you carry their E&O and many still don't want to cover the equipt in the trucks.

It might have a lot to do with obombacare, they might think it could have to pay for medical injury costs. It's affecting a lot more than people think and not favorably to the consumer.

It might have a lot to do with obombacare

I'd put the odds at right about zero, give or take a few thousandths of a percent.

Jim Frame wrote:I'd put the odds at right about zero, give or take a few thousandths of a percent.

See? He left some daylight for you landbutcher. Know hope.

Got any better reasons? I'm all ears.

It could be the fault of those guys on the east coast that slip up and stake the multi-million dollar custom homes on the wrong lot...

David Kendall wrote:It could be the fault of those guys on the east coast that slip up and stake the multi-million dollar custom homes on the wrong lot...

Twice - LOL