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Loss Assessing Insurance

Protecting loss assessors from under £55* per year

Not on comparison sites — save money by coming direct to us

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Excellent 4.7 out of 5

Professional Saver Loss Assessing Insurance


Our standard cover is:

  • £1 million cover for public and products liability (with an option to increase to £2 million, £5 million or £10 million)
  • £10,000 cover for any financial loss (£50K cover optional)
  • Worldwide liability cover for temporary work abroad for up to 14 days (excluding the USA and Canada)

At Professional Saver, we offer insurance policies to protect loss assessors. Our policies cover the key risks that claims specialists face, with public liability insurance starting from just less than £55* per year.

Our standard cover includes:

  • Up to £5 million in public liability cover (£1 million as standard with the option to increase)
  • £250,000 legal expenses insurance
  • Worldwide cover for temporary work abroad (excluding USA/Canada)
  • Accidental death cover and other benefits

We understand that as a loss assessor, you provide a vital service helping policyholders accurately quantify and claim for insured losses. However, your assessments directly impact pay-outs, so if an inaccurate property or injury evaluation leads to financial loss, you could face allegations of professional negligence. Our insurance helps defend and cover you in such scenarios.

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Why choose Professional Saver loss assessing insurance?

Save £££ on your insurance Save on your insurance

Customers are always telling us how much they saved by switching

Trusted for over 40 years Trusted for over 40 years

We’ve been providing insurance to businesses since 1984

Financial Strength Financial Strength

Insurance provided by a Standard & Poor’s ‘AA- Stable’ rated insurer

Defaqto 5 Star rated

Our Professional Saver Insurance (Covea) has been independently rated 5 Stars by Defaqto – the highest possible rating, awarded to excellent products with a comprehensive range of features and benefits.

Learn more about our Optional Covers

* Due to the specialist nature of your profession, we’ll arrange a separate policy for your professional indemnity cover to complement your Professional Saver policy. Please get a quote online for the other covers you need and contact us to discuss your personalised professional indemnity quotation.

How our loss assessing insurance works

1 Apply online

Complete our simple quote form with basic details about your business.

2 Get a quote

Get an instant quote & choose any optional covers you may need.

3 You’re insured!

Instantly activate your Professional Saver policy and view your certificates online.

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What Is Loss Assessing Insurance?

Loss assessing insurance protects specialists who evaluate the financial value of insured losses on behalf of policyholders. It covers claims assessors against negligence allegations and lawsuits if their calculated loss valuations are inaccurate.

Typical services covered include:

  • Property damage assessments – for example, calculating rebuild costs after fires or floods
  • Business interruption loss reports – such as evaluating income lost due to property damage
  • Injury claim assessments – for instance, calculating personal injury compensation packages

This insurance covers the liability of loss assessors for:

  • Under-valuation of complex insured losses leading to client financial loss
  • Injury or illness caused to clients during loss assessment activities

Coverage is vital because inaccurate loss reports can mean substantial loss pay-outs for policyholders or inflated claims costs for insurers. This insurance protects assessors from such negligence claims.

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What Does Our Loss Assessing Insurance Cover?

Our policies can protect against:

  • Public Liability – Up to £5 million cover for injury or property damage caused while assessing losses on-site.
  • Legal Expenses – Provides specialist legal advice and covers representation costs if negligence allegations are made against you.
  • Professional Indemnity (optional) – This standalone cover protects against financial loss claims if inaccurate valuations disadvantage policyholders or insurers.
  • Contents & Business Equipment (optional): Insures against damage/theft of vital equipment like computers and printers.

You will be taken through all available options as part of the online quote process.

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What Services Can Professional Saver’s Insurance Cover?

Our loss assessor’s insurance policies protect specialists carrying out services like:

  • On-site evaluation of property damage, such as fire or flood damage
  • Assessment of business interruption losses and extra expenses
  • Investigation of subsidence damage claims
  • Quantification of stock and contents losses
  • Machinery breakdown assessments
  • Agricultural and livestock loss reports
  • Personal injury compensation package calculations

Our Public Liability and Professional Indemnity covers cater to all loss assessors, from self-employed contractors to specialist assessment firms. Simply provide details of your services for a quick quote.

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Why Choose Professional Saver for Loss Assessing Insurance?

With over 35 years of experience and hundreds of clients protected, you can trust Professional Saver to fully safeguard your loss-assessing livelihood. Our key benefits include:

  • Direct Specialists – We are a specialist business insurer, not a comparison website. Clients work directly with advisors who understand your sector.
  • 24/7 Legal Helpline – Whenever you need expert legal guidance on claim matters, we’re here to help.
  • Monthly Instalments – You can pay your premiums annually or in monthly instalments if your policy exceeds £125.

Get your quick loss assessing insurance quote online today and let Professional Saver protect your business.

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Chosen by over 5000 businesses and counting*

Chosen by over 18761 businesses and counting

Online & Anywhere

We like to keep things simple. Your quote, purchase and documents are all available online, anytime.

Monthly Instalments

Cashflow is important to every business. Spread the cost by paying in easy monthly instalments.

Instant Cover

No need to wait for your documents. Our professional cover starts from the date you select.

Added Protection

Public liability, products liability, financial loss, legal expenses and accidental death cover as standard.

* Total number of live policies as of 31/10/2025

FAQs

Loss Assessing Insurance FAQs

As loss reports directly influence claim settlement amounts, inaccurate calculations can disadvantage policyholders or inflate insurer pay-outs. If valuation errors occur, allegations of negligence could lead to substantial professional indemnity pay-outs without insurance. Policies cover the resulting financial loss.

We cover all typical services like:

  • Fire, flood, and storm damage calculations
  • Machinery breakdown assessments
  • Business interruption loss reports
  • Agricultural and livestock loss assessments
  • Personal injury compensation packages

Yes – our loss assessor policies provide UK nationwide coverage, so you can take on contracts across the country knowing you are protected in case of claims. We also include worldwide cover, excluding the USA and Canada, for temporary international loss assessment work.

Yes, absolutely. We cater for sole traders up to nationwide loss adjuster companies. Simply provide details on the adjustment services you need to cover, and we can arrange a quote.

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What our customers say

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