Auctioneers and Valuers Professional Indemnity Insurance

Professional indemnity insurance indemnifies you from the legal liability and legal defence costs you may incur as a result of breaching a duty of care to your clients.

PRS will provide quotations to Auctioneers and Valuers in respect of their professional indemnity insurance, working with a panel of insurers who understand fully the disciplines and operations involved within the industry.

Please complete the form and submit for a quotation. Satisfactory completion will enable us to produce a quotation within 1 working hour. Certain risks may require further information.

Auctioneers Professional Indemnity Insurance
Title Of The Proposer
Proposer's First Name
Proposer's Surname
Company Name
Address First Line
Address
Town
County
Postcode
Telephone Number
Fax Number
Email Address
Date Cover Required from
What Type of Company
Trading From (Date)
Retroactive Date
Limit of Indemnity
Excess
Is the company domiciled outside the UK?		details if yes
Has there been any change in Business Activities in the last 12 months?		details if yes
Do you anticipate and changes in the Business Activities in the next 12 months?		details if yes
Do you generally obtain written instructions from clients in respect of work you are to undertake for them?		details if yes
Do all Directors/Partners have professional Qualifications or at least 5 years experience?
Number of Directors/Partners
Number of Professional Qualified Staff
Number of all other staff
Do you use Independent Consultants as sub-contractors?		details if yes
Do you obtain references when engaging new staff
Current Year Gross Income	£	Last Years Gross Income	£
Largest Fee	£	Estimated Gross Income	£
Financial Year End	DD/MM/YY
Category of Business		% of Fees
Estate/house/letting Agency
Auctioneering - Property
Auctioneering - Fine Art
Auctioneering-livestock/other
Structural Surveys/valuations
Architectural/project Management
Building Surveying
Quantity Surveying
Project Co-ordination
Broking/building Society
General Practice
Other Work
Other Factors
Largest Residential Valuation in the last 6 years.
Largest Commercial valuation in the last 6 years
Is all the work undertaken within a 50 mile radius?
Are you members of RISC/ISVA
During the last 10 years have you advised, arranged or transacted on any aspect of opt ins/outs of Occupational Pension Schemes?
Do you undertake work for clients domiciled outside the UK?		details if yes
Do cheques need to be signed by more than one person?		details if yes
Have you had and claims or are you aware of any incidents that may give rise to a claim?		details if yes
Have you ever had insurance refused or cancelled or any special terms imposed by underwriters		details if yes

Professional Indemnity Insurance for Auctioneers and Valuers

Auctioneers and Valuers Professional Indemnity Insurance