The Professional Liability Insurance Program* for ASME members counters risks you face and protects you for negligent acts, errors & omissions. Plus now, the ASME Professional Liability Insurance Program has been enhanced! ASME members have access to a Choice Platform, which provides members with a choice of coverage options from leading ASME-approved insurers: Certain Underwriters at Lloyd's of London and/or Beazley Insurance Company.
To learn more about the ASME Professional Liability Insurance Program view the "Tell Me More" and "FAQs" sections. Or to speak directly to a representative call 1-800-640-7637.
*The Professional Liability Insurance Program for ASME members is available in the United States. (Coverage options may vary or may not be available in all states.)
ASME members have access to a Choice Platform for the ASME Professional Liability Insurance Program, which provides members with a choice of coverage options from leading ASME-approved insurers. Simply fill out one application or send your current application, and qualifying firms may then receive multiple quotes/plan options from the ASME-approved carriers: Certain Underwriters at Lloyd's of London and/or Beazley Insurance Company.
This professional liability program helps you to safeguard your future. No matter how well you design it, or how correct your advice is, you can still be sued. As a professional in mechanical engineering, you risk being sued every time you work on a project or offer advice. And regardless of how well you've done your job, you'll spend valuable time and hard-earned money to defend yourself in a lawsuit.
Ideal Protection For Firms Or Self-Employed Individuals: It doesn't matter if you are part of a small firm or a large firm, a solo business owner or a designer/consultant the ASME Professional Liability Insurance Program can help protect your livelihood and your reputation.
Various Deductible Options:The ASME Professional Liability Insurance Program offers members various deductible options. The deductible options will be dependent on several factors, including but not limited to underwriter, plan option and claim frequency.
Includes Computer Exposures: If you've had trouble getting professional liability coverage in the past because of a computer-related exposure, try the ASME plan. Our underwriting is flexible. And we'll work with you, making every effort to ensure you get the level of comprehensive professional liability protection you need.
Expert Legal Counsel To Represent You: You're never alone if you're summoned to court. The ASME Professional Liability Insurance Program is there to assist in the event you are summoned to court.
Technology Risk Coverage
Determining Your Needs
Whether you are part of a small firm or large firm, a solo business owner or you design and/or consult, we have the plan to meet your needs. Simply fill out one application with the Choice Platform (or send in your current application) and it will be submitted to both of the ASME approved insurers. This will provide you with a choice of plan options and limits of liability. Please note, some firms may not qualify for all plan options.
Licensing Board Defense Coverage
Licensing Board Defense Coverage reimburses to the insured for defense costs in the event the insured technology professional is brought before the state licensing board.
Optional Defense Coverage
Optional Defense Coverage may be available with some plan options. This feature allows you to purchase a separate limit of coverage for defense expenses.
Risk management features are available for members who choose a plan underwritten by Beazley Insurance Company. Features include:
Sensible Protection You Can Afford
Prior Acts Coverage
Prior Acts coverage is available if you currently have Professional Liability Insurance. A retroactive date will be placed on your policy, and acts that occurred after that date are considered for coverage.
Premium Financing Payment Options Help Balance Budgets
For individuals or small firms with premiums of $1,000 or more, premium financing is available at competitive annual percentage rates (APR). It's a great tool to help you budget your liability protection.
For individuals or small firms with premiums of $1,000 or more, MasterCard or Visa may be used to pay your professional liability premiums.
General Liability Insurance Plan for ASME members
General liability coverage provides businesses with liability protection for claims arising out of bodily injury and property damage; personal injury and advertising injury; and medical payments. This coverage option is available to qualifying firms and individuals providing computer-related professional services. Qualifying applicants must operate their businesses out of their residences. General Liability coverage is only available to insureds of the Certain Underwriters at Lloyd's of London Professional Liability Insurance Plan.
About This Program Information
This is merely a brief summary of how claims-made coverage works. The actual policies will determine coverage. We advise that you read and understand the policy language for the plan options you receive. The policy terms and conditions will govern coverage at the time a claim is made. Please read the policy carefully. All terms are subject to underwriting.
The ASME Professional Liability Insurance Program Choice Platform is available to members residing in the United States. Please note, coverage options may vary or may not be available in all states.
Please call 1-800-640-7637 if you would like more information on how plan options/availability may vary by state.
Do I really need Professional Liability Insurance?
Professional Liability Insurance is recommended for technology professionals who are part of a small firm or large firm, a solo business owner or design and/or consult, even if only temporarily. A lawsuit brings with it significant losses, not only in time and money, but also in one of the most valuable commodities a professional possesses—self-confidence. Fortunately, when you are insured through the Professional Liability Insurance Program for ASME Members, you can count on the vast experience that stands behind it.
I am not a licensed engineer. Do I qualify for the program?
Yes, in most cases. However, proof of license may be needed depending on what services you perform or the state they being performed in.
Does the program offered provide coverage for technology-related exposures?
Yes, the program provides a broad definition of computer systems and information technology-related professional services such as:
For details and additional coverage options please speak to a representative at 1-800-640-7637.
Technology and computer systems coverage will vary by insurer/plan. Please speak with a representative for more details at 1-800-640-7637.
What are the Limits and Deductibles available to me?
The ASME Professional Liability Insurance Program offers a wide range of limits and deductible options. Please contact a representative at 1-800-640-7637 for more information and learn about what options would be best for you.
Are flexible premium payment options available?
When purchasing your professional liability coverage through the Professional Liability Insurance Program for ASME Members, you can pay for your premium in one of the following ways:
Does the program provide Prior Acts coverage?
Yes, Prior Acts coverage is available if you currently have professional liability coverage. A retroactive date will be placed on your policy, and acts that occurred after that date are considered for coverage.
We're here to help! Please contact us in whatever manner is most convenient for you.
ASME Insurance Program Administrator
12421 Meredith Drive
Urbandale , IA 50398
M-F 7:30am-6pm, Sat 8am-1pm CT
Application Mailing Address
Administrator, ASME Insurance Program
P.O. Box 14438
Des Moines , IA 50306-4438
Payment Mailing Address
Administrator, ASME Insurance Program
P.O. Box 14438
Des Moines , IA 50306-4438