As premiums rise, surveyors need to shop around
It always pays to shop around. Particularly if you’re a surveyor looking to renew your professional indemnity insurance.
One of the effects of the financial crisis has been an increase in the number of legal actions brought by mortgage lenders against surveyors on the grounds that a property was improperly valued. And that, in turn, has led to a number of insurance companies raising their professional indemnity insurance premiums for surveyors. (Indeed, some smaller firms have even gone into administration as a result.)
So before you simply settle for a huge increase from your current insurer, or despair altogether, why not call us at 01480 470220.