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Professional indemnity insurance

Find a great deal on professional indemnity insurance and get cover today

  • Compare quotes with our partner Simply Business


Compare professional indemnity insurance from leading UK providers:

MoneySuperMarket does not offer professional indemnity insurance. Cover is provided by our preferred partner.

To get the best possible deal on insurance, it always pays to shop around. We’ve teamed up with Simply Business to bring you quotes on the market from the UK’s leading providers – try it now and see how much you could save:

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What is professional indemnity insurance?

Professional indemnity insurance protects you and your business for the costs of compensating a client if you make a mistake in a piece of work for a client that causes them financial or reputational loss.

When you’re looking for professional indemnity insurance, it’s not always easy to get the guidance you need to find a policy that’s right for you.

The good news is we’re here to help. And the better news is that we’ve partnered with Simply Business to help you compare quotes from the most trusted providers and get the right cover at the right price.


Why compare deals with MoneySuperMarket

At MoneySuperMarket, we’re dedicated to helping people find the best deals for their needs. That’s why we’ve teamed up with Simply Business, which has been one of the UK’s largest business insurance companies for nearly 20 years. That way, you can compare professional indemnity insurance from all corners, so you’ll never miss out on the perfect deal. 

  • Policies for consultants, contractors, and freelancers

    Whatever your line of work, we’ve got you covered

  • Find affordable cover in minutes

    Just answer a few simple questions and you’re on your way

  • It’s easy and totally free

    We’ll never charge you for our services – the deal you see is the deal you get

Do I need professional indemnity insurance?

Professional indemnity insurance isn’t a legal requirement, and not all businesses need this type of cover. It’s a popular choice for small businesses or self-employed people that provide professional services – so that could be a builder, an accountant, or a personal trainer.

  • Tick

    Are you offering a professional service?

    Businesses that provide services are most likely to need cover

  • Tick

    Do you give advice to clients?

    If the advice you give leads to a bad outcome, some clients might sue

  • Tick

    Do you handle a client’s data or copyrighted materials?

    There’s always the risk of losing or releasing confidential information

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    Might you damage a client’s property?

    Whether you’re fixing up a home or a website, accidents can happen

What does professional indemnity insurance cover?

  • 1

    Professional negligence

    If you give incorrect advice or make a mistake

  • 2


    If you produce or support libellous statements about your client

  • 3

    Breach of confidence

    If you share sensitive information without permission

  • 4

    Breach of copyright

    If you infringe on copyrights, trademarks or intellectual property

  • 5

    Lost or damaged documents

    If you lose or damage documents while they’re in your care

  • 6

    Employee cover

    If an employee causes a loss for your client

How much professional indemnity insurance do I need?

Professional indemnity insurance can cover you for anywhere from £50,000 to £5 million and above. That’s a huge range – so how much does your business actually need? If you’re unsure, here are a few ways to work out your requirements:

  • Crunch the numbers

    What’s the total value of the information or property you’ll be handling? If you’re an accountant advising multi-million pound businesses, or an architect working on an expensive development, you should be insured for enough to cover any losses you might cause

  • Check your contracts

    Many clients require a certain level of professional indemnity insurance for anyone they work with, which should be included your contract. If not, they might still have a preference – it’s always worth checking

  • Look at the industry standard

    It’s a good idea to see what other firms in your industry are doing, so you have a better idea of what the usual standards are. Alternately, trade bodies like the Royal Institute of British Architects or the Association of Chartered Certified Accountants often insist on a minimum level of cover for their members – that’s usually a good baseline

How much does professional indemnity insurance cost?

The cost of professional indemnity insurance depends on how much cover you need to take out and how risky your business might be.

The best way to get an idea of how much professional indemnity insurance might cost is to search for quotes. With MoneySuperMarket, it couldn’t be easier to find out how much you could save on cover – just tell us a little about your business, and we’ll show you a range of quotes precisely tailored to your needs.


How to compare professional indemnity insurance deals

  • Tell us about your business

    Let us know about your business, what it does, and how much cover you need

  • We browse the market

    We compare quotes from some of the UK’s leading insurers, so you have all the options you need

  • Choose the deal for you

    Once you've found a deal you like, just click through to the provider to finalise your purchase

If you work in certain professions, regulatory bodies might require that your business has professional indemnity insurance, however, it isn’t strictly a legal requirement.

Yes, as it can be classed as an ‘allowable expense’.

Public liability insurance: If any work carried out causes injury or property damage

Professional indemnity insurance: If a client decides your work or advice is inadequate

Professional indemnity insurance is not premise based so it doesn’t matter where you’re working, if you’re offering advice then you need PI.

You’ll also be able to add any of the following policies to your overall business insurance:

●        Public liability cover: Public liability insurance covers your business for the cost of any compensation claims you might face if someone becomes ill or injured, or has their property damaged as a result of the work you do

●        Employers’ liability cover: Employers’ liability insurance covers legal costs resulting from an employee becoming ill or injured, or having their property damaged as a result of your business

●        Product liability cover: Product liability insurance protects you against the cost of legal fees resulting from someone becoming ill or injured, or having their property damaged by a product you sell – which you may be liable for even if you didn’t manufacture it

●        Business interruption cover: Business interruption policies cover you for lost income if the running of your business is interrupted by an insured event such as a fire or flood

●        Business buildings cover: Also known as business property insurance, this covers you for the cost of any damage done to your premises resulting from an insured event

Any new business interruption policies sold won’t cover claims resulting from events that are already taking place – so business interruption claims related to COVID-19 are unlikely to be successful.

Comparing business insurance deals with MoneySuperMarket and Simply Business is the easiest way to find a cheaper quote for your company. Just give us a few details about your business and employees and we’ll show you a list of quotes tailored to your requirements.

You’ll be able to compare deals by their overall cost, the cover you’ll get and any extra policies you can add to your overall business insurance. Once you’ve found the provider and quote you want, just click through to the provider to finalise your purchase. 

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But you might have other questions. Do we provide access to all the companies operating in a given market? Do we have commercial relationships or ownership ties that might make us feature one company above another?

We commit to providing you with clear and informative answers on all points such as this, so we have gathered the relevant information on this page.