Professional Indemnity Insurance For Property Valuers
The difficulty of arranging suitable and cost-effective Professional Indemnity Insurance has been a topic of much recent discussion amongst property valuers. The property downturn saw a large number of claims made against allegedly negligent valuers.
Every valuer is now aware of their vulnerability to claims of negligence, well-founded or otherwise. Having the right insurance cover enables you to deal with all kinds of claim.
We act on behalf of many clients within the sector and have built strong relationships and reputations with insurers. This enables us to secure the most suitable deal for our clients, irrespective of where we are in the insurance cycle.
Five great reasons to choose us...
Strong insurer relationships
Act for hundreds of surveying firms across UK
Surveyor industry specialists
Friendly professional service
30 years experience
Negligent survey reportResidential survey failed to identify cracking in ground floor wall adjacent to tree. Following purchase property required substantial underpinning £22,000Claim settled
Residential valuationThis claim was pursued by a lender against a surveyor following repossession and subsequent sale of property £55,000Claim settled
Commercial valuationA lender caught out in a mortgage fraud recouped £2,000,000from the valuer who had provided the valuation on a nursing home, despite not knowing the borrower and having no experience of commercial valuations