How much professional indemnity insurance should an estate agent have?

Name: Professional Indemnity Insurance for Estate Agents
Brand: Alan Boswell Group
Rating: 4.8 (11210 reviews)

The recommended amount of cover (often referred to as a “limit of indemnity”) varies according to the professional body that you’re a member of. You can usually find out the minimum amounts required by calling them. We can also advise on your individual business, because you may need more.

Professional Indemnity Insurance for Estate Agents & More

Professional Indemnity Insurance for Estate Agents

Professional indemnity insurance for estate agents covers errors, omissions, or misrepresentation in property transactions.

Flexible limits from £50,000

RICS compliant cover available

Professional indemnity insurance for estate agents and property professionals is vital. Not only are minimum levels of cover needed to operate in the sector, but everyone makes mistakes now and then.

Whether it’s incorrect property details, inaccurate measurements, or mistaken advice, you could find yourself facing legal proceedings. PI can cover these costs and any compensation awarded.

The Alan Boswell Group Difference

Having arranged commercial insurance for more than 40 years, our brokers are specialists in arranging a variety of different policies. As such, we know the wide range of risks you face as an estate agent, including the demands made by professional bodies. That’s why we’re ideally placed to provide professional indemnity insurance and independent, expert advice at a great-value price.

Professional Indemnity Insurance for Estate Agents from Alan Boswell Group

How our customers rate us

I have purchased my professional indemnity insurance from Alan Boswell Group since I started my company. The service provided has always been excellent, with good advice supplied when I required it. I wholeheartedly recommend them.

Rene - Professional Indemnity Insurance

4.8/5 11210 reviews

Professional indemnity insurance in detail

Estate agents’ professional indemnity insurance provides cover for legal costs and compensation claims from third parties. These may arise as a consequence of providing negligent advice or services that result in financial loss.

Our specialist PI policies provide cover for a wide range of property professionals, including estate agents, letting agents, property managers, surveyors, and quantity surveyors. It includes:

Estate agency and safety legislation costs

Cover for 80% of estate agents and safety legislation costs, where a matter could result in a later claim covered by the policy.

Civil liability

If a client suffers financial loss because of any advice, information, or designs you provided, PI will cover the cost of legal defence and any compensation awarded.

Breach of confidentiality

If your business has been entrusted with personal information or confidential details and these are shared without your client’s permission, you may be required to pay compensation.