Because we all make mistakes in life, including in our business operations as a driving instructor.
However, if you make a mistake in running your driving school, the consequences can be very serious. You could, for instance, be sued for vast sums of money. Professional Indemnity will provide you with protection in case someone decides to take action against you even when you haven’t done anything wrong.
The Waveney Professional Indemnity insurance, provides the valuable protection you need as a driving instructor offering professional advice to the public, to prevent this happening. It covers you when, as a result of negligence, you are sued for losses or damages by a third party. In short, it gives you peace of mind: if a claim is brought against your business, you won’t have to worry about the financial implications of a lawsuit. The Waveney policy provides £5 Million cover for each and every member, ensuring you have sufficient cover. The policy also has a low policy excess of £500 for each and every claim.
The cost of negligence will depend on the size of the risk. Professional people – from lawyers and doctors through to web designers are especially advised to have the appropriate cover in place, as they provide professional advice and services.
Driving instructors also provide professional advice to their pupils, advising on such matters as road safety and coaching them to pass their DVSA driving test.
A couple of examples will give you some idea of the day-to-day risks you can run, and the ways in which Professional Indemnity insurance can help:
Your driving school is exposed daily to a large number of ‘danger zones’ which can be protected against.
Here are some of the more common ones:
Waveney Group Schemes, the UK’s largest provider of driving instructor insurances and part of the Towergate Group.
There is no substitute for seeking professional advice on Professional Indemnity cover. With over 100 UK offices, Towergate is the largest provider of insurance products and services to the SME market.