Cost Estimation Errors
An underestimate that blows the budget can trigger a claim for the client's loss.
A costing error, a measurement mistake or a contract dispute can leave a client claiming real losses. We arrange Professional Indemnity cover for quantity surveyors and cost consultants. So one estimate never puts your practice at risk.

Clients build budgets and contracts on your numbers. When a cost is wrong, the overrun can land on you. So can the claim.
An underestimate that blows the budget can trigger a claim for the client's loss.
Errors in quantities or take-offs can flow through to costly downstream problems.
Mistakes in valuations, variations or final accounts can lead to disputes and claims.
An error in certifying payment can expose you to a claim from either party.
Clients who overrun their budget may attribute it to your advice.
Even unfounded disputes need defending. Your cover funds it.
These aren't rare. A single cost claim can outweigh a project's whole fee.
Cover limits from RM 250,000 to RM 1,000,000+, sized to your work and turnover.
Get a Free QuoteMost quantity surveyors are covered the same day. Get a free, no-obligation quote and practise without fear.
The questions quantity surveyors ask us most about Professional Indemnity cover.