Architect Essentials: Why you should employ an architect with Professional Indemnity Insurance.
Ensuring your residential project is in safe and capable hands is crucial when choosing an architectural firm. One significant factor to consider is whether the firm holds Professional Indemnity Insurance (PII).
Professional Indemnity Insurance serves as a safeguard against unforeseen circumstances, errors, or negligence that may occur during the course of a project. It offers protection and financial security to clients in the event of any professional oversight, design flaws, or other issues that may arise.
The Architects Registration Board (ARB) regulations stipulate that architects must maintain a minimum of £250,000 in Professional Indemnity Insurance. This requirement, outlined in Regulation 9 of the ARB's Architects Code: Standards of Conduct and Practice (2017), ensures that architects carry adequate insurance to protect their clients and the public against potential professional liabilities.
Clients entrusting their projects to architectural firms should proactively inquire about the firm's Professional Indemnity Insurance coverage. It is essential to ask for details regarding the level of liability coverage before instructing architects. This demonstrates due diligence and ensures that clients are protected should any unforeseen issues arise throughout the project.
At RS Studio we go above and beyond the minimum requirement by maintaining Professional Indemnity Insurance cover of £2 million. This elevated level of insurance coverage reflects our commitment to providing our clients with added assurance and protection throughout the entirety of their residential projects.
We understand the significance of this insurance in safeguarding both our clients' interests and our professional integrity. By holding comprehensive Professional Indemnity Insurance, we aim to foster trust, transparency, and reliability in our services, offering our clients peace of mind as their projects come to life.
When choosing an architectural firm for your residential project, ensuring the presence of adequate Professional Indemnity Insurance is a critical aspect to consider. Be sure to enquire – after all it’s a simple question – but one that can have potentially serious ramifications.
