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<\/figure>\n<\/div>\n\n\nFor surveyors, one size doesn\u2019t fit all. And while accurate measurements, detailed plans, complex costings and nailed-on valuations are all part and parcel of the job, there\u2019s a big variation in what you survey, where you do it and who you do it for. <\/p>\n\n\n\n
Just as well, then, that surveyors\u2019 insurance isn\u2019t anything like as complicated. It can cover you pretty much whatever your surveying speciality. And that applies whether your work involves buildings, land, construction projects, industrial plants, or something else entirely. <\/p>\n\n\n\n
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Numbers nightmare<\/h3>\n\n\n\n
One certainty for surveyors is that getting the numbers right matters. That\u2019s because imprecise measurements and wonky angles can throw a project into crisis. Wide-of-the-mark valuations and vague costings can have a similarly disastrous effect. <\/p>\n\n\n\n
It doesn\u2019t matter why the figures are wrong, either. It could simply be that you messed up. Perhaps the pressure of deadlines on a project got to you, and you cut corners. Or you hadn\u2019t checked your equipment, and it gave faulty readings. <\/p>\n\n\n\n
There are countless reasons why mistakes creep in. And potential errors aren\u2019t restricted just to the numbers, either. It can be equally easy to miss a crucial detail when comparing historical plans and maps. Or to fail to take into account easements. <\/p>\n\n\n\n
And that\u2019s where things can start getting expensive because, unfortunately, mistakes = money. Surveying errors have the potential to do \u00a3thousands worth of damage and that\u2019s something your clients are going to want compensating for. <\/p>\n\n\n\n
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Surveyors\u2019 professional indemnity insurance<\/strong><\/h2>\n\n\n\nEnter surveyors\u2019 insurance, stage right \u2013 specifically, surveyors\u2019 professional indemnity (PI) insurance<\/a>. It\u2019s specially designed to deal with errors and has all the potential to be the hero of the piece. It pays your dues and helps to keep your business running. <\/p>\n\n\n\nBecause whether or not you think a claim is justified, you\u2019ll have to take time out to deal with it. That means not only spending hours poring over documents, but also having the know-how to plot a path through the legal landscape. And all while you should be focusing on your business.<\/p>\n\n\n\n
Where surveyors\u2019 professional indemnity insurance helps is by paying for a legal expert to represent you and by covering all the associated costs, including any compensation awarded. It also does a pretty good job of helping to keep your professional reputation intact.<\/p>\n\n\n\n
Chartered surveyors will know all about the high value the Royal Institution of Chartered Surveyors (RICS) places on PI insurance. That\u2019s why it makes it obligatory for its surveyors to have it. You can read more about what RICS has to say about PI, including specific requirements, here<\/a>. <\/p>\n\n\n\n<\/p>\n\n\n\n
Surveyors\u2019 public liability insurance<\/strong><\/h2>\n\n\n\nBut professional indemnity isn\u2019t all the insurance you need. That\u2019s because there\u2019s also a whole world of mishaps out there with the potential to generate third-party claims against you. So, it makes sense to be prepared.<\/p>\n\n\n\n
Think about your working day: sometimes you\u2019re out on site, sometimes you\u2019re in the office. Or maybe you work from home. The thing is, wherever you are, trips, slips, spills and damage to other people or to their property are always a possibility. And they can cost you.<\/p>\n\n\n\n
Accidents happen, as the saying goes, and if someone thinks you were responsible for theirs, they\u2019re likely to come after you with a clam. The same applies if they say you damaged their property \u2013 maybe you accidentally damaged a building or something in it during the course of your work. <\/p>\n\n\n\n
That\u2019s when you need public liability (PL) insurance<\/a>. In the same way that professional indemnity takes care of mistakes, PL deals with the fall-out from mishaps. It pays for your legal representation and costs, saves you from having to get involved in the detail, and covers compensation too. <\/p>\n\n\n\n So, if someone trips over your tripod on site, or you manage to trash a client\u2019s laptop by spilling coffee over it, you\u2019re covered. <\/p>\n\n\n\n
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What other surveyors\u2019 insurance do you need?<\/strong><\/h2>\n\n\n\nRemember all that expensive equipment you rely on? Bet it would be pretty costly to replace if it got lost, damaged or stolen. Especially if it all disappeared in one go. Plus, it would stop you doing your job.<\/p>\n\n\n\n
Absent-mindedness, unexpected events and other people\u2019s light-fingeredness are three good reasons why you need equipment insurance<\/a>. That means contents insurance for your fixed kit, like PCs and office equipment, and portable equipment insurance for all the stuff you take around with you.<\/p>\n\n\n\nThat way, if your kit goes missing or gets accidentally damaged, repairs and replacements are all taken care of. Plus, you\u2019ll be able to keep on working in the meantime, because it also pays for you to hire stand-in equipment in the meantime if you need it. So you won\u2019t have to let down any clients.<\/p>\n\n\n\n
<\/p>\n\n\n\n
Our survey says\u2026<\/strong><\/h3>\n\n\n\nWhen you\u2019re surveying, getting the numbers right is important \u2013 whether those numbers define distance, degrees, quantities or \u00a3sterling. It\u2019s about being precise, making the correct calculations and seeing the whole picture. <\/p>\n\n\n\n
Looking at the whole, weighing the figures and making calculated decisions is also what running a business is about. And when it comes to insurance, that means calculating degrees of risk and making sure you\u2019re prepared should things go wrong.<\/p>\n\n\n\n
Professional insurance<\/a> is your back up if a finger of blame is pointed in your direction. And considering the large sums of money at stake in many projects, that\u2019s a good thing. It\u2019s an essential part of your surveyors\u2019 toolkit and one you should ensure is kept in good working order.<\/p>\n\n\n\nYou can read up some more on surveyors’ insurance<\/a>, or if you’d like to have a chat with us call 0345 222 5391<\/strong>.<\/p>\n\n\n\nImage used under license from Shutterstock.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"For surveyors, one size doesn\u2019t fit all. And while accurate measurements, detailed plans, complex costings and nailed-on valuations are all part and parcel of the job, there\u2019s a big variation in what you survey, where you do it and who … Continue reading
Because whether or not you think a claim is justified, you\u2019ll have to take time out to deal with it. That means not only spending hours poring over documents, but also having the know-how to plot a path through the legal landscape. And all while you should be focusing on your business.<\/p>\n\n\n\n
Where surveyors\u2019 professional indemnity insurance helps is by paying for a legal expert to represent you and by covering all the associated costs, including any compensation awarded. It also does a pretty good job of helping to keep your professional reputation intact.<\/p>\n\n\n\n
Chartered surveyors will know all about the high value the Royal Institution of Chartered Surveyors (RICS) places on PI insurance. That\u2019s why it makes it obligatory for its surveyors to have it. You can read more about what RICS has to say about PI, including specific requirements, here<\/a>. <\/p>\n\n\n\n <\/p>\n\n\n\n But professional indemnity isn\u2019t all the insurance you need. That\u2019s because there\u2019s also a whole world of mishaps out there with the potential to generate third-party claims against you. So, it makes sense to be prepared.<\/p>\n\n\n\n Think about your working day: sometimes you\u2019re out on site, sometimes you\u2019re in the office. Or maybe you work from home. The thing is, wherever you are, trips, slips, spills and damage to other people or to their property are always a possibility. And they can cost you.<\/p>\n\n\n\n Accidents happen, as the saying goes, and if someone thinks you were responsible for theirs, they\u2019re likely to come after you with a clam. The same applies if they say you damaged their property \u2013 maybe you accidentally damaged a building or something in it during the course of your work. <\/p>\n\n\n\n That\u2019s when you need public liability (PL) insurance<\/a>. In the same way that professional indemnity takes care of mistakes, PL deals with the fall-out from mishaps. It pays for your legal representation and costs, saves you from having to get involved in the detail, and covers compensation too. <\/p>\n\n\n\n So, if someone trips over your tripod on site, or you manage to trash a client\u2019s laptop by spilling coffee over it, you\u2019re covered. <\/p>\n\n\n\n <\/p>\n\n\n\n Remember all that expensive equipment you rely on? Bet it would be pretty costly to replace if it got lost, damaged or stolen. Especially if it all disappeared in one go. Plus, it would stop you doing your job.<\/p>\n\n\n\n Absent-mindedness, unexpected events and other people\u2019s light-fingeredness are three good reasons why you need equipment insurance<\/a>. That means contents insurance for your fixed kit, like PCs and office equipment, and portable equipment insurance for all the stuff you take around with you.<\/p>\n\n\n\n That way, if your kit goes missing or gets accidentally damaged, repairs and replacements are all taken care of. Plus, you\u2019ll be able to keep on working in the meantime, because it also pays for you to hire stand-in equipment in the meantime if you need it. So you won\u2019t have to let down any clients.<\/p>\n\n\n\n <\/p>\n\n\n\n When you\u2019re surveying, getting the numbers right is important \u2013 whether those numbers define distance, degrees, quantities or \u00a3sterling. It\u2019s about being precise, making the correct calculations and seeing the whole picture. <\/p>\n\n\n\n Looking at the whole, weighing the figures and making calculated decisions is also what running a business is about. And when it comes to insurance, that means calculating degrees of risk and making sure you\u2019re prepared should things go wrong.<\/p>\n\n\n\n Professional insurance<\/a> is your back up if a finger of blame is pointed in your direction. And considering the large sums of money at stake in many projects, that\u2019s a good thing. It\u2019s an essential part of your surveyors\u2019 toolkit and one you should ensure is kept in good working order.<\/p>\n\n\n\n You can read up some more on surveyors’ insurance<\/a>, or if you’d like to have a chat with us call 0345 222 5391<\/strong>.<\/p>\n\n\n\n Image used under license from Shutterstock.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" For surveyors, one size doesn\u2019t fit all. And while accurate measurements, detailed plans, complex costings and nailed-on valuations are all part and parcel of the job, there\u2019s a big variation in what you survey, where you do it and who … Continue reading Surveyors\u2019 public liability insurance<\/strong><\/h2>\n\n\n\n
What other surveyors\u2019 insurance do you need?<\/strong><\/h2>\n\n\n\n
Our survey says\u2026<\/strong><\/h3>\n\n\n\n