As noted elsewhere, professional indemnity (PI) insurance does not provide (and is not intended to provide) complete protection against professional risks. Even when a claim is covered by PI insurance, the architect still bears some costs, such as:
- the policy excess (likely to be several thousand dollars or more)
- any amount the successful claim is over and above the policy 'limit of indemnity'
- liability under some kinds of contract clauses (such as warranties and indemnities) that is excluded from cover
- any liability for types of claims excluded under other common, or unique, exclusions.