Structural Warranties

Find Out More

Latent Defect insurance for Commercial and mixed use property developments.

Latent defect insurance provides cover for damage as a result of defective design, workmanship or materials, not discovered before the cover commences and after practical completion.

The policy period can be issued for up to 12 years, and coverage can also be extended to include; Loss of Rent, Cost of Alternative Accommodation and Mechanical & Electrical damage.

It provides cover for the owner of a new building, should their investment suffer from damage caused by a defect in design, workmanship or materials they have in place a first party insurance to remedy that defect.

The cover can be instigated by the developer, contractor, owner / funder, landlord or tenant and may be assigned to any future owners, funders or tenants;

Benefits of cover

1st party
No delays over remedial works or establishing blame
No doubt over liability
No doubt over the ability to pay (insured by A rated underwriters)
Avoid delays in settlement
Tenant/Owner requirements under full repairing lease/contract
To meet funder requirements
Free up capital
Contractor insolvency

We are specialist risk Insurance Brokers who will find you the best cover for your project at the most competitive rates. Our expertise lies in Latent defects, developer insolvency and loss of deposit cover for the UK Property sector.

  • General Information

  • The Premises to be Insured

  • Interested parties

  • Expected duration of works

  • Contract details

  • Contact Value

  • Please upload the following if they are available

  • Drop files here or
  • Drop files here or
  • Drop files here or
  • Drop files here or
  • Description of structure

    Please confirm details of the following:
  • Sums Insured