Why do professional indemnity insurance quotes vary so much?

2011-03-09 36

There are many factors which can affect the price of professional indemnity quotes. One reason may be that insurers base their pricing largely on their experience of each type of insurance policy - how many claims they have had and how much this has cost. This experience can differ from one insurer to another which can mean the premiums charged are quite different. Using an experienced broker - whether online or by speaking to them - can help you find the right policy for you and your budget.