Our auctioneers insurance offers specialist cover for a range of auctioneering professions, including property auctioneers (RICS and non-RICS), fine art auctioneers, antique auctioneers and members of the National Association of Valuers and Auctioneers (NAVA).
Misrepresenting a 'lot' during an auction, accidentally causing damage at an auction house or a fire at your offices could be financially disastrous for your business. Our auctioneers insurance can be tailored to cover your business against these risks and many more.
You can tailor your auctioneers insurance to your individual needs and buy online in minutes. Our simple quote system asks about your business activities and offers you covers that may be of interest. You can choose to buy all or just some of the covers quoted, so you will only ever pay for the insurance you need.
Tailor your auctioneers insurance in minutes with these specialist covers
Professional indemnity insurance
covers the cost of defending your business against allegations of professional negligence (such as giving your client incorrect or wrongful advice) and if unsuccessful, the cost of damages awarded against you. This cover is vital for auctioneers of all types, and insurance is available with limits ranging from £50,000 to £5m.
Public and product liability insurance
covers the cost of defending your business (including damages awarded against you if unsuccessful) if someone is injured, or their property damaged, which arises from you going about your business or supplying products. The legal fees alone could cost your business thousands of pounds. If you regularly come into contact with members of the public, you may need this cover. Limits range from £1m to £5m.
Employer’s liability insurance is a legal requirement if your business has employees. It covers your business against claims for injury or illness suffered by employees arising from their employment. Cover for £10m.
Directors and officers insurance covers the costs of defending you as a director or officer of your company against allegations of wrongful acts and any damages subsequently awarded against you. Cover is also provided in respect of the legal costs and expenses of defending actions for disqualification as a director, investigations and extradition proceedings. Limits range from £100,000 to £5m.
Office insurance covers your office buildings, office contents and computer equipment against accidental damage (including theft) whilst on your business premises. You can also choose to cover your business equipment (such as laptops and mobile phones) on a worldwide basis, and insure your business against loss of income and/or additional trading expenses following events such as damage to your property.
We offer specialist insurance for auctioneers working from home
Auctioneers operating from their home can be vulnerable to expensive claims without the right insurance cover. In addition to our standard office based insurance, we also offer a specialist homeworkers insurance policy that has been designed to cover a whole host of risks facing home based businesses. Home insurance policies do not tend to include cover for mistakes you make in your work, so to ensure your business is properly insured, it is vital you arrange specialist cover.
Our auctioneers insurance for homeworkers can be tailored to your preference, with a range of liability covers available and varying limits suitable for all types and sizes of auction business. We can also insure your business equipment.
Tailored cover starts at just £5/month over 10 interest free instalments.