Insurance for Land Surveying Services

In this industry, workers survey and map the surface of the earth. Services include cadastral surveying, mapping (except geophysical), cartographic surveying, topographic surveying, and geodetic surveying.

Due to the unique risks that your business may encounter, land surveying services should have insurance policies that could cover for these risks. Every potential risk can easily destroy not just your job, but your financial assets as well. Land surveyors need insurance to protect them from these types of risks.

Most don’t realize the potential dangers that land surveying services can face. Below are some of those:

• A passerby may slip into the tripod while you are surveying which causes the passerby to suffer injuries.
• Your employee accidentally scratched a parked car with a survey rod.
• Your survey rod and other equipment have been damaged by a fire that occurred in your business premises.
• Your employee was injured while conducting a land survey.

The cost of an insurance policy for land surveyors depends on the type of insurance required, the size of your business and the number of employees you have. Without taking these into account, below are the average cost of insurance policies for land surveyors:

• General Liability costs $500 in annual premiums.
• Professional Liability costs $1000 in annual premiums.
• Workers' Compensation costs $1200 in annual premiums.