Cheap Professional Indemnity Engineer Insurance
Professional Indemnity Insurance Engineer
Professional Indemnity Insurance is a specialist form of insurance that covers all aspects of construction, engineering, design and consultants of any of those professions. Quotezone can offer you a fast comparison option to help you locate and choose the best and cheapest form of PI insurance for your needs. Our huge countrywide database has hundreds of online and offline options for obtaining cheap quotes from UK brokers and insurers. By using our online quotes system you can have your perfect number within a few minutes. It is quick and simple and takes just a few moments to complete our online form.
Is Professional Indemnity insurance legally required for all engineers?
Any person or company who owns, operates or works as an engineer, designer, maintenance, construction or consultation within the engineering business is required by law to have PI insurance. The nature of the business is such that professional mistakes can happen. These mistakes can cost money to repair or replace and if you are held responsible owing to professional misconduct, negligence or other questionable content you can be sued by a client. Having the PI insurance means that either all or some of your legal costs can be covered, as well as compensation pay-outs and other costs involved.
Does the FCA regulate Quotezone?
Quotezone and its panel of members are all regulated under the Financial Conduct Authority and must comply with all rules and laws laid down for the protection of clients.