Whether you work in an office or have to go to different work sites for your job, you need to make sure your traffic engineer insurance policy includes general liability. This type of coverage protects you in case someone is injured on your business property and requests that you pay for their medical treatment. Having traffic engineer liability insurance means you will not have to pay out of pocket for any medical bills or legal settlements for which you are responsible.
Your traffic engineer liability insurance should also cover you if you damage another person’s property while you are doing your job. Without this coverage, you would have to pay for the repairs or replacement on your own, which could put you out of business. Additionally, traffic engineer liability insurance can pay for any lawsuits that may result should you be accused of stealing the intellectual property of another company.
When you have a building for your business, you need to protect it in case of fire, vandalism, or any natural disasters that might destroy it. That’s why your business insurance policy needs to include a BOP. This part of your policy also pays to replace any damaged personal property inside the building, such as equipment and furnishings that you use for business. A BOP can cover accounts receivable, electronic data processing, and forgery and alteration.
Professional Liability (E&O)
As a traffic engineer, you know that any big mistakes you make on the job could lead to severe consequences. If the worst occurs and you face one or more lawsuits alleging that your work is subpar, you will be glad to have professional liability as part of your business insurance. Without it, it’s very possible that you could go out of business, depending on the expense of the lawsuit.