Estate Agents Professional Indemnity Insurance

Estate Agents Professional Indemnity Insurance

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Vital for any business offering professional advice or services in the property sector, including Estate Agents, Letting Agents, Property Management Companies and Surveyors. Professional and regulatory bodies require members to take out PI Insurance and will usually stipulate the minimum levels of cover required. 

Estate Agents Policy Highlights

Estate Agent Handing Keys Over

Policy Highlights Vital Protection

Client demands place greater responsibilities on Professionals than ever before, leaving Professionals more vulnerable to being sued. Professional Indemnity Insurance is an essential part of protecting both your business and your professional reputation.

Scope of Estate Agents Cover

Full civil liability cover for claims arising from professional services carried out by you. 

Loss of money or property (other than that of employees) as a result of an employees dishonesty.

Costs incurred replacing or restoring documents.

Defence costs – for example, incurred in dealing with investigaton and defence of proceedings brought under the Health and Safety at Work Act, The Estate Agents Act and The Construction (Design & Management) Regulations 1994. 

Cover for awards made by the Ombudsman for Estate Agents Scheme, the Surveyors and Arbitration Scheme and adjudications made under the Housing Grants Construction and Regeneration Act 1996.

Compensation for court attendance in connection with a claim and cover for costs incurred for representation at tribunals and hearings.

Policy wordings can differ

Professional indemnity policy wordings can differ between insurers. We recommend that you refer to us for advice regarding any aspect of policy cover, or alternatively read your policy schedule and policy wording to ascertain the full level of cover provided and any significant exclusions. If in doubt, refer to us for guidance.

Estate Agents Professional Indemnity Proposal Form

We understand that your requirements may not be as simple as the questions asked on our online quote and buy system, therefore we ask that we complete our proposal form and send a completed copy to [email protected]. A member of our team will be in touch with you shortly.