Professional Indemnity - Valuers

Professional Indemnity insurance provides essential financial protection for Valuers against potential losses arising out of acts, errors and omissions from professional services provided including undertaking valuations for a wide variety of purposes and valuation-related services.

Key Exposures:

  • Unfavourable economic conditions inducing claims
  • Unclear instructions / communications
  • Poor Investigation / analysis of subject property
  • Inappropriate valuation methodology / calculation
  • Conflicts of interest – disclosed or otherwise
  • Breach of contract retainer
  • Failure to adequately inspect / investigate property
  • Failure to adequately assess comparable sales
  • Failure to make adequate enquiries about property
  • Undertaking higher risk valuations

Newline Australia provides a tailored Valuers Professional Indemnity insurance policy based on a broad civil liability wording.

Downloads

Fact Sheet 

Proposal