Professional Indemnity Insurance can cover certain claims arising from professional services provided by a Land Surveyor.

The policy can respond where a client or another party alleges that an error, omission or failure in the professional services caused them financial loss.

What types of allegations can arise? #

Examples can include allegations involving:

• Incorrect property boundaries.
• Measurement or calculation errors.
• Incorrect construction set-out.
• Errors in survey plans.
• Incorrect levels or coordinates.
• Failure to identify an encroachment.
• Easement-related errors.
• Incorrect subdivision information.
• Inaccurate reports or professional advice.

The exact cover depends on the policy wording and the activities disclosed to the insurer.

What costs can Professional Indemnity Insurance cover? #

Depending on the policy and circumstances, cover can include:

• Legal defence costs.
• Expert and investigation costs.
• Settlements.
• Court-awarded damages.
• Other insured costs associated with resolving a claim.

Defence costs may sit inside or outside the policy limit depending on the insurer and wording.

Does every surveying error result in a covered claim? #

No.

Professional Indemnity policies contain exclusions, conditions, limits and excesses.

It is also important that the insurer understands the full range of surveying services performed by the business.