There is no single Professional Indemnity limit that is suitable for every Building Designer.

The appropriate limit can depend on several factors.

State registration or licensing requirements #

Some states and territories prescribe Professional Indemnity requirements for particular Building Designer registrations or licences.

You can review our state-based Building Designer insurance requirements for further information.

Client and contractual requirements #

Clients, principal contractors and government bodies may require you to hold a particular Professional Indemnity limit.

These requirements should be checked before entering into a contract.

Project type and value #

Consider the size and nature of the projects you undertake and the potential financial impact if an error or omission occurs.

A Building Designer working on larger or more complex projects may have a different exposure from someone undertaking smaller residential projects.

Professional services provided #

The services you provide can also affect your exposure. Design, contract administration, project management and other professional activities can create different types of liability.

Association requirements #

If you belong to a professional association, its membership or scheme requirements may specify a minimum level of Professional Indemnity Insurance.

Common limits available include:

• $1 million
• $2 million
• $5 million
• $10 million

Higher limits may also be available where required.

The minimum limit required by a regulator, association or contract should not necessarily be treated as the maximum amount of cover your business may need.

Contact our team if you would like help comparing different Professional Indemnity limits for your Building Design business.