Quantity Surveyors

Full List of Cost & Financial Services

Quantity Surveyors (QS) act as the financial "engineers" of a project, managing everything from initial take-offs to final accounts. Because they are responsible for the precise measurement and valuation of construction work, their insurance is tailored to protect against mathematical errors and contractual disputes that could drain a project's budget, subject to the terms, conditions, exclusions, and limitations of the policy issued.

This is the cornerstone of a QS firm's protection._It covers claims arising from _Measurem

1. Professional Liability (Errors & Omissions)

This is the cornerstone of a QS firm's protection.
It covers claims arising from "Measurement Errors"—such as underestimating the amount of concrete or steel required—which can lead to massive unbudgeted costs for the owner.
The policy also addresses negligence in preparing Bill of Quantities (BoQ) or failing to properly assess contractor progress claims before certifying payment.

Quantity Surveyors often act as advisors during contract negotiations and the settlement o

2. Contractual Liability & Dispute Resolution

Quantity Surveyors often act as advisors during contract negotiations and the settlement of claims.
If a QS provides flawed advice regarding a contractor’s claim for "extras" or "variations," and the owner suffers a financial loss as a result, this coverage handles the legal defense and settlement costs.

QS professionals spend significant time on-site conducting physical _re-measurements_ and

3. General Liability

QS professionals spend significant time on-site conducting physical "re-measurements" and progress inspections.
General Liability protects the firm if the surveyor is held liable for third-party bodily injury or property damage while navigating an active construction site.

A Quantity Surveyor’s work involves managing high volumes of tender documents, contracts,

4. Valuable Papers & Records Coverage

A Quantity Surveyor’s work involves managing high volumes of tender documents, contracts, and measurement sheets.
This coverage pays for the significant expense of researching and reproducing these essential records if they are lost, stolen, or damaged (e.g., by fire or water) while in the surveyor's care.