Leo compares the UK market and shows you PI policies side by side for engineers. £2M cover, instant activation.
Professional indemnity insurance protects you and your business against the costs of claims made by clients who have suffered loss due to your professional advice or work. For engineers, this is particularly important as a single mistake or oversight can result in significant financial liability.
The main risks engineers face include: design errors, project delays, safety oversights
Regulatory requirement: Engineering Council strongly recommends all practising engineers to hold professional indemnity insurance.
The amount of professional indemnity insurance cover you need depends on the size of your business, the types of clients you work with, and the potential value of claims. Most engineers opt for cover between £500,000 and £2 million.
The right level of cover depends on the size of your projects, your annual revenue, and any contractual requirements from your clients. Leo's comparison tool can help you explore different cover levels and see how they affect your premium.
The cost of professional indemnity insurance for engineers varies depending on:
As a guide, engineers typically pay from £20 per month for professional indemnity insurance.
Compare PI insurance in 60 secondsYour engineering design or calculations contain a material error that isn't discovered until after equipment or structure is built, requiring expensive remediation.
You fail to identify site conditions, resource constraints, or feasibility issues that make your design impractical or unsafe to implement.
Your specifications for materials or components prove inadequate for the intended application, resulting in premature failure or safety issues.
A design oversight causes non-compliance with relevant engineering standards or building regulations, requiring costly redesign and remediation.
Professional indemnity insurance for Engineer typically covers:
Engineers require professional indemnity insurance, with cover levels depending on the scale and criticality of projects. Cover typically ranges from £500K-£2M for general engineering to £5M+ for major infrastructure or structural work. Your professional body registration (IMechE, IET, ICE) will have specific requirements. Ensure your policy covers all engineering disciplines you practise and reflects the maximum value of any single project. Engineers working on public buildings, critical infrastructure, or high-risk applications should consider enhanced cover.
The average PI claim against UK engineers is valued at £150,000. Approximately 35% of engineering practices have experienced a professional indemnity claim. Design errors account for 42% of claims, whilst specification failures represent 28% of claims. Safety compliance oversights account for 18% of claims.