Professional Indemnity and Public Liability Insurance Scheme for Members of the Institute of Domestic Energy Assessors (IDEA) providing Home Information Packs
IDEA Members Home Information Pack Providers
Insurance Scheme
Scope of Cover: £2,000,000 Professional Indemnity Insurance and £2,000,000 Public Liability Insurance

Premium for up to 100 HIPs

Premium for 101 – 200 HIPs

Premium for 201 – 300 HIPs

£150.00 + IPT @ 5% + £7.50 Broker Fee = £165.00 £300.00 + IPT @ 5% + £7.50 Broker Fee = £322.50 £450.00 + IPT @ 5% + £7.50 Broker Fee = £480.00

Premiums for 301+ HIPS Please refer
Quotations to include Employers’ Liability insurance available on request.

IDEA logo
If this scheme does not appear to be suitable for your business activities and/or the size of your company please call 0800 055 60 83 or CLICK HERE.

N.B. The above rates apply to risks with the following features/activities:

  • Home Information Pack Providers who are members of the Institute of Domestic Energy Assessors

All risks with the following features or fees derived from the following activities should be referred to underwriters:

  • Where the third party providing constituent parts of the HIP does not carry their own professional indemnity insurance
  • Where the proposer provides any constituent part of the HIP other than a domestic energy assessment which is separately insured, index and sale statements, drainage & water search reports provided by the water authority and Official Copy Register and Title Plans provided by HM Land Registry.
  • Where subrogation rights are not intact against all third party providers other than Total Property Searches Limited
  • Where the proposer sources information from Total Property Searches Ltd and the proposer’s terms of business for the provision of home information packs do not exclude liability for consequential loss.

Professional Indemnity and Public Liability Scheme
Terms & Conditions:

* All risks must have all of the following features:

  • No claims or circumstances in last 6 years
  • The majority of principals must have relevant qualifications or a minimum of 3 years relevant experience
  • Proposer has not at any time been refused similar insurance, or had any policy cancelled or voided at any time
  • All fees derived from UK clients and work carried out in the UK
  • No work carried out offshore
  • No manual work carried out
  • Proposer’s activities have not changed materially during the past 6 years, or for as long as they have been trading if less than 6 years

If you do not comply with all of the above please contact our office on 0800 055 60 83 as we may be able to quote terms with other insurers.

* Retroactive Date: Inception (if you have previously held professional indemnity insurance cover please advise us of the retroactive date so that we can refer to insurers for the retroactive date to be carried forward)

* Territorial Limits: Worldwide

* Jurisdiction: Worldwide excluding USA/Canada

* Where the proposer is providing their own domestic energy assessments the following endorsement will apply:

It is hereby and agreed that the Insurer shall not have any liability under this policy for, or directly or indirectly arising out of, or in any way involving domestic energy assessments produced by the Insured. All other terms, conditions, exclusions and limitations in this policy remain unaltered.

* Policy period – 12 months renewable annually

* Premium payment – the initial premium is to be paid in full at inception prior to cover being issued.

* Number of HIPs -The Insured shall keep an accurate record of all home information packs produced including details of the address and post code to which the home information pack relates. If the estimated number of HIPs is exceeded during the course of the policy the Insured must notify Insurance2day immediately for the policy cover to be upgraded.

* The professional indemnity limit of indemnity is for Any One Claim, excluding costs and expenses.

* The public liability limit of indemnity is for Any One Claim, including costs and expenses.

* £1,000 professional indemnity excess each and every claim, not applicable to defence costs.

* £100 third party property damage excess each and every claim, not applicable to defence costs.

* Satisfactorily completed proposal form and payment of premium

* Standard policy wordings and warrantees