Professional Indemnity Insurance

Coverage: This insurance covers claims arising from professional negligence, errors, or omissions in the contractor’s services. It includes legal defence costs and any resulting damages awarded.

Typical Suppliers: Consultants, architects, engineers, and surveyors.

Key Items to Look For: Ensure the policy covers the full scope of the contractor’s services and has an adequate limit, often recommended to be at least £250,000, depending on the scope and scale of the work.

Importance: Protects against claims of professional negligence, which can be complex and costly.