The numbers add up here
Accuracy is essential for land surveyors. When mistakes are made and property lines are crossed, your client will probably take you to court.
Your client trusts you as a professional to accurately mark off their property lines. In a case where a neighbor disputes your client and it is determined that you have in fact encroached on their property, you will need to prepare your defense. Moving parts of a house, a swimming pool or even fencing can cost thousands of dollars. And guess who's liable for the cost? Let's just say it's not your former client.
When you are covered by errors and omissions insurance, all defense costs are taken care of. In addition, any income lost from your time away from work may also be paid. If you aren't covered, the damages could easily bankrupt you.
As far as we can see, it’s a measurable difference.