There is no single Professional Indemnity limit that is suitable for every Landscape Architect.

The appropriate limit should be considered against the practice’s actual exposures.

What can influence the limit? #

Factors can include:

• Contractual requirements
• Professional or registration requirements
• Project size and value
• Type of projects
• Services provided
• Potential severity of a claim
• Involvement in contract administration or construction
• Number and size of clients
• Policy structure
• Defence costs

A contract can specify a minimum limit, but that does not necessarily mean the contractual minimum is appropriate for every exposure.

Other policy features also matter #

The headline limit is only one part of the policy.

Consideration should also be given to:

• Whether defence costs erode the limit
• Reinstatements
• Aggregate limits
• Sub-limits
• Excesses
• Retroactive cover
• Run-off requirements
• Contract-specific conditions

Webber Insurance has a specialist facility available for Landscape Designers and Landscape Architects.

Contact our team if you would like help reviewing the Professional Indemnity limit for your practice.