PI for valuers is arranged by a broker because lender work is underwritten carefully.
Source: https://piinsurance.com.au/valuers/, fetched from the preview https://pi-react-4ee768.pages.dev/valuers/ on 10 Nov 2026; site dated 3 Nov 2026. Preview wording, not yet broker-reviewed. General information, not advice.
Site label: Licence or professional body rules may apply.
Why you need it: licensing and professional bodies
Valuers are licensed in some states and professional bodies set insurance standards. Check with your licensing body.
Typical limits
$2m to $5m.
Insurers look closely at this work, so a broker arranges it with you directly. That usually means a better fit, not a harder time.
What can go wrong
Illustrative scenarios, not real claims.
A valuation the lender relied on
A lender relies on your valuation, the borrower defaults and the sale falls short.
A missed flood overlay
A valuation misses a flood overlay that cuts the property's value.
Common exclusions to watch
- Market movements
- Work before the retroactive date
Wording differs between policies. Read the policy wording, or ask us to point out what it says.
Common questions
Do valuers need professional indemnity insurance?
Valuers are licensed in some states and professional bodies set insurance standards. Check with your licensing body.
How much PI cover do valuers need?
$2m to $5m.