Architects PI Insurance Quote
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Insurance for Architects
Insurance for Architects Up to $10M Professional Indemnity cover Compare quotes instantly from some of Australia's leading insurers Policies available to meet recommendations of various Registration Boards Compare quotes ...
read moreInsurance for architects- the blueprint to success
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read moreDo I need Professional Indemnity insurance?
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... happen! What is the average monthly cost of Professional Indemnity insurance by level of cover? Coverage level Number of customers with this level of cover Average Professional Indemnity premium (Monthly) $250,000 640 ...
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read moreProfessional Indemnity Insurance
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read moreBusiness Insurance Guide for the Self-Employed – Part 2
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read more7 Things Accountants Needs to Consider When Applying For Professional Indemnity Insurance
... Chartered Accountants ANZ you are required to provide information on your professional indemnity insurance. CA ANZ requires that professional indemnity covers each principal for at least $1 million value. CPA Australia ...
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read moreA Guide to PI Insurance
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read moreMisconceptions Around Professional Indemnity Insurance
A common misconception is that the claims professional indemnity insurance covers are only the experiences of the business that does inadequate work for clients. This is not true, in this day and age anyone can sue ...
read moreWhat does Public Liability Insurance cover?
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... you own your own commercial property: Building Cover What is Building Cover? Building Insurance provides protection for material damage to your premises, it can cover the cost of repairing or rebuilding your premises as ...
read moreHow much does Combined Liability Insurance Cost for Allied Health Professionals?
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read more5 Questions to ask yourself before buying Insurance for your Small Business
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read moreThe Remaining Risk: What Isn’t Covered and Why it Matters
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read moreInsurance for Yoga Teachers
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read moreManagement Liability Insurance
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read moreUnderstanding Insurance for Mortgage Brokers
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read moreHow much does Public Liability Insurance Cost?
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read morePublic Liability Insurance Explained
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read moreBusiness Insurance Guide for the Self-Employed – Part 4
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read moreInsurance for Bookkeepers & BAS Agents
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read moreReviews related to Architects PI Insurance Quote
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Great communication and prompt quote.
Justin D
Architect and Architectural Consulting Service (Except Construction Project Management) -
So much easier than the last time I looked into cover with one of your competitors took forever to fill out forms and even longer to get a quote. This was simple and super quick.
Amos S
Architectural Drafting Service -
I compliment your company on such an easy and effortless way to acquire insurance with good information when comparing Insurer options.
Tim M Mesic
Architecture & Surveying -
easy process.
Dany K
Architect and Architectural Consulting Service (Except Construction Project Management) -
Thanks~!
Mark B
Architect and Architectural Consulting Service (Except Construction Project Management) -
Very helpful - thank you.
Allan P
Architect and Architectural Consulting Service (Except Construction Project Management) -
Easy & intuitive website for generating multiple professional indemnity quotes. Good personal follow-up by friendly brokers.
Malindi M
Management Consulting Service -
Was easy enough to change levels of cover, compare conditions and then contract the insurance cover I wanted.
Soner B
Information Technology Services (IT)
Why do Architects need it?
Don’t let a potential mistake that falls through the cracks become a permanent problem. Instead, let BizCover ease your worries with insurance for architects. With just a few clicks or a single phone call you can get covered instantly, so the only thing that needs to stand the test of time is your grand design.
As Frank Loyd Wright once said “You can use an eraser on the drafting table or a sledge hammer on the construction site”…. or you can use BizCover!
Did you Know?
The architecture professionin Australia is regulated by each of the States and Territories, with each having separate Acts, Regulations and Registration Boards.
For information regarding the requirements for each jurisdiction check on the Architects Accreditation Council of Australia website.
Insurance for Architects
Professional Indemnity*
As an architect or draftsperson, you understand the challenges of designing and delivering complex projects. Your work has the potential to cause serious issues if things do not go according to plan. A simple error or omission could lead to a costly Professional Indemnity claim.
Thankfully, Professional Indemnity insurance is designed to provide your business with a solid plan. It helps protect businesses and individuals that provide specialist services or professional advice from losses caused by actual or alleged negligence in the advice or service provided. For Professional Indemnity claims indemnified under your policy, it will cover the compensation payable to a third party together with defence costs (which can include legal fees, investigation costs and expert fees).
Did you know that PI insurance is known as ‘claims made’ cover, which means you need PI insurance to be in place when the claim is made against you. So, even if you have shut up shop, retired or decided you’d rather be sipping cocktails on a tropical beach, you should consider run-off insurance which continues to provide important Professional Indemnity insurance for your business for any claims arising from work you do before finishing up but which are notified to you after the doors have closed.
Public Liability Insurance*
Do you need Public Liability insurance? The short answer is probably yes. Chances are you’ll have regular contact with clients, contractors and the general public. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.
Business Insurance*
Your clients bring in your income, but where would you be without your business assets? Without insurance cover, you could be hit with a few unwanted challenges that could leave you reaching deep into your pockets.
Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks.
Management Liability*
If you’re a company director or senior manager, we’re sure you don’t want any unwanted surprises that may leave you personally liable. Management liability insurance protects directors and officers and the insured company itself from the many exposures relating to the management of a company. Owners and those responsible for the management of a company have specific responsibilities which can result in personal liability for alleged or actual wrong–doing.
Could this happen to your business?
An architect prepared a town planning application for a self-storage facility using computer-assisted design. While preparing the drawings there was an error inputting data into the system which would (and did) result in the development being built three metres shorter than planned. The property was then subsequently sold to a development company.
During construction of the self-storage facility, it was discovered that only 198 self-storage units would be constructed and not the 235 as contained in the original design. The property developer claimed from the architect over $500,000 in damages due to loss of income that would be incurred by having fewer storage units and for the decrease in value of the business. Luckily, the architect’s professional indemnity insurer was there to pick up the bill!
| *As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy document. The information contained on this webpage is general only and should not be relied upon as advice. |