Estate & Letting Agents Insurance Quote Online | Agent Liability Insurance

SME Letting & Estate Agents Insurance

Our products include this estate and letting agent insurance scheme which is a bespoke package tailored specifically for estate and letting agent businesses. This insurance package can combine the following:

  • Buildings
  • Contents
  • Employers liability
  • Public liability
  • Products liability
  • Legal expenses
  • Professional indemnity
  • Glass, blinds and signs
  • Goods in transit
  • Loss of money
  • Personal accident and assault
  • Business interruption

Insured perils for buildings & contents

All risks‚ cover is provided for your buildings (if applicable) and your contents & stock for the sums insured selected by you:-

  • Fire, explosion, lightning or earthquake
  • Storm or flood
  • Escape of water
  • Riot & civil commotion
  • Malicious damage
  • Impact
  • Leakage of oil from heating systems
  • Theft by forcible and violent entry/exit
  • Accidental damage

Significant features and benefits

Standard benefits

Cover automatically includes the following extensions and most of the limits shown can be increased on request .The minimum cover can automatically increase depending on the size of your office or surgery:-

Standard benefit Minimum cover

Damage to fixed glass, premises fronts and sanitary fittings (Inner limits apply) £3,000

Damage to external blinds and signs £1,000

Loss or damage to goods in transit £3,000

Theft of keys including replacement of locks £1,000

Loss of money:-

  • in transit or night safe £3,000
  • during business hours £3,000
  • outside business hours in a locked safe £3,000
  • from the residence of a principal/employee £500
  • from gaming or vending machines £500
  • outside business hours not in a locked safe £500
  • crossed cheques and non negotiable money £250,000

Personal accident and assault following a robbery or hold up:-

  • Benefit for death, loss of any limbs or eyes £10,000
  • Benefit per week up to 2 years £100
  • Damage to cash carrying devices or personal effects £500

Rent/lease payments as tenant if the office or surgery is untenantable from damage by a peril insured 25% of contents

Temporary removal of documents £1,000

Damage to property insured at exhibitions £2,000

Loss of metered water £2,500

Damage to landscaped gardens £1,000

Business interruption cover following a claim £500,000 

This cover helps to keep you in business
following a claim.

Automatic extensions of cover under business interruption include:-

  • professional accounts charges
  • notifiable disease
  • vermin pests and defective sanitation
  • murder or suicide
  • denial of access
  • damage to suppliers premises up to £25,000
  • damage to documents
  • failure of public supply.

Loss of accounts receivable £10,000

Cover for money that is owed by customers which cannot be collected because records have been lost or damaged by a peril insured.

Employers liability £10,000,000

Cover for damages, legal costs and expenses for which you are liable as a result of injury to your employees including unsatisfied court judgements.

Public & Products liability £2,000,000

Cover against sums you become legally liable to pay as damages together with your legal costs and expenses relating to an injury to any person or accidental loss or damage to their material property happening in the course of the business.

Automatic extensions of cover under public & products liability include:-

  • cross liabilities
  • tenants liability
  • defective premises act
  • contingent motor liability
  • overseas personal liability
  • additional persons insured
  • compensation for court attendance

Legal expenses including:

  • Cover up to £100,000 per insured incident (inner limit of £2,000 for aspect enquiries and tax intervention enquiries).
  • Cover for contract disputes
  • Cover for health & safety prosecutions
  • Cover for data protection
  • Cover for employment disputes & compensation awards
  • Cover for criminal prosecution
  • Cover for bodily injury
  • Cover for property protection
  • Cover for tax protection
  • Cover for statutory licence protection
  • Cover for tenancy disputes
  • Free access to on-line business law service
  • Free legal advice, tax advice and unfunded business assistance help lines
  • Free counselling helpline for employees.

Optional extensions

The following optional extensions of cover are available at an additional cost:-

Buildings cover including:-

  • damage to cables and underground pipes
  • trace and access cover up to £5,000 any one loss 

Subsidence cover to your buildings and contents

Cover for subsidence or ground heave of the site on which the office or surgery stands or landslip.

theft by employees

Cover against fraud or dishonesty by employees involving theft of money or contents. There are various limits of indemnity to choose from.

Specified all risks

Cover for items which you specify individually under the policy.
This extension will cover specified items away from the premises anywhere in the U.K and for up to 30 consecutive days elsewhere in the world.

Computer breakdown

Cover for loss or damage caused by computer breakdown or failure up to a value specified by you.

Cover also extends to include:-

  • Additional expenditure up to £10,000
  • Incompatibility of computer records up to £5,000
  • Additional rental up to £5,000

Terrorism Cover

Cover for terrorism under the buildings, contents and loss of income sections of the policy.

Professional Indemnity

The indemnity limit will be on any one claim‚ basis and this extension complies with the PI requirements of the National Association of Estate Agents.

Cover for claims made against you arising from:-

  • Breach of professional duty
  • Dishonesty of employees
  • Libel or slander
  • Unintentional breach of confidentiality
  • Unintentional infringement of intellectual property rights (many policies limit this cover to copyright only)
  • Loss of or damage to documents
  • Any other civil liability.

Other cover includes:

  • The legal costs of prosecuting claims for infringement of intellectual property rights (limit of £25,000 in the aggregate)
  • All legal costs for representation of any enquiry which has a direct relevance to any claim or circumstance 
  • Defence costs in addition to the indemnity limit 
  • Ombudsmen of Estate Agents/The National Approved Letting Scheme awards 
  • Property Misdescription Act defence costs.

Public & Products Liability up to £10,000,000

Significant features
Automatic index linking at renewal to buildings, contents, specified all risks and computer breakdown.
Third party interests can be noted provided we are informed

Definition of buildings

Wide definition including landlords fixtures and fittings therein and thereon, walls, gates and fences, yards, car parks and pavements, piping, ducting, cables, wires and associated control gear and accessories at the office or surgery and extending to the public mains but only to the extent of your responsibility.

Definition of contents

Wide definition including:-

- computer and electronic office equipment, for which you are responsible, including laser printers, fax machines and photocopiers, but excluding stock in trade.

- landlords fixtures and fittings, interior decorations, tenants improvements, and premises fronts for which you are responsible.

- all other contents for which you are responsible including:-

(i) the cost of research, stationery, clerical labour and computer time in the reproduction of plans, deeds, briefs, manuscripts, books, documents and office records, limit any one document £1,000
(ii) the cost of research, clerical labour and computer time in the reproduction of computer disks, tapes, transparencies and artwork, limit any one item £1,000
(iii) personal effects, limit any one person £500
(iv) wines and spirits, cigarettes and tobacco held for entertainment purposes.