How much does Professional Indemnity Insurance cost?
There is no single market rate for PI insurance. Pricing is set by underwriters based on your specific risk profile — we won't publish a number that doesn't reflect your business.
What determines your premium
- Profession
- Revenue / fees
- Type of work
- Claims history
- Contract values
- Territory
- Limit of indemnity
- Excess
- Retroactive exposure
Two businesses in the same profession can have materially different premiums once claims history, contract values and territory are taken into account. That's why BackedSure asks profession-specific questions rather than quoting from a flat rate card.
Estimate your PI requirements
This tool provides an eligibility indication only, not a quotation. Learn what affects PI pricing.