Compare Professional Indemnity Insurance, In Just One Search

Here at QuoteGrab, we want to see your business succeed, all the while helping you save those all-important pennies and find a few extra minutes in the day. Sounds good to me! So, when you’re on the search for Professional Indemnity Insurance, we can help you find it.

And all we request of you is a filled out form.

Takes less than 2 minutes

Takes 2 minutes

We don’t just aim to find the Professional Indemnity Insurance tailored to your business; we ensure that we find it fast. Our forms take a record 2 minutes.

Saves you money

Save Money

If you thought finding a solution to your business needs fast was good, wait ‘til you hear about the second QuoteGrab guarantee: saving you some serious money!

Find a great provider

Get Great Professional Indemnity Insurance

Our 9-to-5 doesn’t end with a low-cost, super-quick quote. It ends when we know that we have found you the seriously-amazing solution to your Professional Indemnity Insurance needs.

Find The Professional Indemnity Insurance For You

It’s a proven fact that staying within your budget and beating the clock are just a few of the aims of business owners. Fact is, time is money. That’s why we seek to save you both! So, how can you ensure that your business does great, and continues to do so even when legal action crops up? Well, you don’t have to worry about that anymore; that’s our job!

We take pride in finding the solution to your Professional Indemnity Insurance needs. This is key to ensuring your business stays up and running, and doesn’t have to fork out for any expensive errors or costly complaints. Once you’ve clicked for a quote and sent over the form, we are already running the numbers behind the scenes - we are calculating the costs, previewing the policies, and reviewing the insurers’ ratings. Once we’ve found an insurer tailored to your business, we lay out the all-important information crystal-clear.

So, if you want to get up to speed with Professional Indemnity Insurance, you can get clued up. Or, you can skip this, and head straight for the solution. Easy, right?

Why Compare Professional Indemnity Insurance Prices?

In case you can’t tell, saving you time money is pretty important, here at QuoteGrab. But we know it’s the ‘money’ part that really matters to business owners. Saving it, spending it, and losing control of it can send your business to success, or leave it to fall apart. It’s your choice (and it’s also your choice to fill out a form and get a quote for a low-cost solution to your insurance needs). Here at QuoteGrab, we want you to find that high-quality, low-cost solution for your business.

Benefits of Comparing Prices

Find lower-cost, higher-quality Professional Indemnity Insurance

Discover a wide range of Professional Indemnity Insurance to choose from

Get a package to suit your business’ current and future needs

Protecting your business from legal action is key to keeping the business running smoothly. This is especially true given the surprise costs that come hand-in-hand with claims made by previous clients. This is why we think every business that deals in advice and support needs Professional Indemnity Insurance. And how can you find it?

With us. Just grab a quote!

It is estimated that 43% of small businesses are underinsured in the UK alone. How many businesses around the world could be lacking in insurance?
According to pjenkins - October 2019[†]
How To Get Professional Indemnity Insurance Cheaper

We don’t just love bagging a bargain for our clients - we can’t turn down a good deal, ourselves! And because of this, we’ve gathered an arsenal of money-saving tips. So, it’s about time we passed some of them down to you…

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Compare The Costs

There’s only one way to find cheap Professional Indemnity Insurance - and that’s by comparing the insurers on offer. Compile a list of insurers, and assess them based on their experience, services, and - of course - cost. Or, you could skip that time-consuming process and hand it over to us! Fill out a form, and grab that quote.

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It’s Time To Reflect

Reflecting on your business’ needs is our top tip anytime you consider a decision regarding your business. But it is also an effective way to cut the extra costs you don’t need. Consider the legal costs that might end up on your final bill, and ensure that the coverage can cover the check. Cut back if you can, and save that money!

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Consider Your Clients

Cutting costs doesn’t stop with reflecting on your business; your clients should also enter into consideration. If you tend to deal with big clients, any legal costs will come with a hiked-up fee to match the compensation they expect. To lower the coverage you need and avoid any surprise costs going beyond that, either cut these costly clients, or make sure errors are avoided.

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High-quality Means Low-cost

Professional Indemnity Insurance protects your business from the costs of legal claims against you, such as being sued by a client for advice that as incorrect. So, to reduce the coverage you pay for, ensuring that only high-quality advice and support is passed to clients is key. Investing in this should help your business save on insurance in the future.

What Exactly Can Professional Indemnity Insurance Do?

Professional Indemnity Insurance helps businesses cover the cost of any compensation claims and legal action brought forward by clients. And this typically arises if there is a mistake in the service that you provide. This applies to the businesses and professionals that provide advice and services to clients because this work can be challenged. So, if your client claims they’ve lost money as a result of your advice or service, the insurance will cover the compensation.

What Are The Benefits Of Outsourcing Professional Indemnity Insurance?

Aside from the peace of mind provided by the coverage, it can provide financial protection against sudden spends that can throw your business into turmoil. It also serves to increase your credibility: indemnity insurance reassures your clients of your trustworthiness, demonstrating that you’re prepared for any legal issues should they arise. Plus, it’ll boost the likelihood of winning contracts as many contractors only opt for those with the insurance.

Tips To Get Your Professional Indemnity Insurance Prices Cheaper

Even if it's a price you're willing to pay, there’s always a way to keep those costs down. Here are some Quotegrab suggestions for cutting down on your website design costs:

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The Best For Your Business
One of the factors that determine the price tag attached to your Professional Indemnity Insurance is the business that you run. Thus, determining your exact business type will help you find the tailored insurance that will give you your money’s worth by suiting your business the best.

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Know What You Need
Similar to considering your business type is considering its needs. By determining the coverage your business will need given its clients and the services it provides, as well as the likelihood of legal action, you can assess the coverage your business will need to run smoothly. This will prevent you from forking out for any extra costs.

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Prepare And Plan
You run a business, right? Whilst your dreaming of the best-case-scenario, you’re also probably preparing for the worst. So, by considering the possibilities of the legal action that might be taken, you can use the possible scenarios to determine the coverage needed. That means no more paying for more than you need. Being prepared never hurt a budget!

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Compare The Insurers
If you’re looking for Professional Indemnity Insurance, it’s time to do just that! Compare the insurers based on their experience, policies and prices to find the cheap and worthy option for your business. Question is - how do you do that? Well, you won’t have to. Just grab a quote!

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Cut Costs, Cut Coverage
The main cost adding to the price-tag of your premium is the coverage you require. So, reduce your costs by reducing your coverage! But if you’re not willing to ditch your bigger clients, ensuring that the coverage meets your needs ensures you aren’t paying more than you should. And meeting your money’s worth should help pocket some pennies, too!

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Invest In Your Advice
Fancy preventing legal action so you can slash your coverage? Easy. Just don’t make any mistakes! Whilst that isn’t an easy feat, investing in greater checks on the quality of your work is a worthy price to pay if it reduces your coverage and thus your premium in the future.

Frequently Asked Questions

We get emailed, tweeted and asked the same questions every day. So, to combat those queries, we’ve decided to answer the most common ones here.

+ Who Needs Professional Indemnity Insurance?

You should consider Professional Indemnity Insurance if: your business provides advice, designs or service to clients; your client requires you to have Professional Indemnity Insurance; your industry body requires you to have the cover in order to operate.

The occupations that should consider Professional Indemnity Insurance include: business and management consultants; IT consultants and contractors; technical and engineering contractors and architects; creative and marketing professionals; teachers and trainers; accountants and surveyors.

+ What Does Professional Indemnity Insurance Cover Against?

Professional Indemnity Insurance covers a wide range of risks. This can include professional negligence, unintentional breaches of confidentiality or copyright, and the loss of documents or data.

+ Is Professional Indemnity Insurance The Same As Employers’ Liability Insurance?

No - they cover different types of risk. Public liability covers your legal liability to pay compensation for injury or damage to property caused to a third party that was in connection with your business. This could include a customer tripping whilst on the premises of your business. Professional indemnity, on the other hand, covers the risks associated with providing advice to clients.

+ How Much Does Professional Indemnity Insurance Cost?

This will obviously depend on your business, your clients, and the coverage you need. However, it can be as low-cost as £6 a month! Or, if you’re looking for a more direct answer regarding your business, simply fill out the form and grab a quote!