
Loss adjusters and expert witnesses directly influence compensation amounts and fault assessments through their reports. A wrong finding, an incomplete inspection or an overlooked document can cause financial loss to the insured, the insurer or the parties to a case, and turn into a claim against you.
Professional liability insurance covers, within the policy terms, your legal liability for losses caused to third parties by errors, negligence or omissions in your professional work. We set the limits with you based on the lines you handle and your workload.
What is covered?
- Financial loss caused to third parties by professional errors, negligence or omissions in loss adjusting work
- Compensation claims arising from incorrect loss assessment or reporting
- Claims arising from professional errors in expert witness assignments
- Professional errors of employees and assistants named in the policy (subject to policy terms)
- Defence costs, court costs and legal fees (subject to policy terms)
What you should know
This is a Quick Sigorta product, available through our agency.
The policy wording sets which date a claim is assessed against and any retroactive cover. Intentional acts and work outside the professional activity are excluded; limit and deductible options vary by insurer.
Frequently asked questions
The adjusting firm and its adjusters can be named together as insureds. We define the insured correctly based on how you work.
That depends on whether the policy is claims-made or occurrence-based and on its retroactive date. We explain these clauses separately at the quotation stage.
The information on this page is for general guidance and does not replace policy wording. Scope of cover, limits, deductibles and exclusions are determined by the general and special conditions of the insurer you choose.