Latent Defects Insurance
For Latent Defects Insurance Contact David Walton, Amanda Hemmings or Roy Walton directly on 01707 883377 or email us on info@bromwall.com
What does Latent Defects Insurance cover provide?
Available to both commercial and private property, Latent Defects Insurance cover is arranged, should a fault in the property arise that could not have been found by a thorough inspection prior to a sale.
We at Bromwall use major insurers to ensure you have the best latent defects insurance cover and premiums available with insurers who understand your needs.
A latent defects policy usually runs for 10 years and provides cover to building owners and occupiers should a defect be found in the actual structure of the premises. Insurers carry out an audit of the premises when cover is incepted.
Latent Defects Insurance – giving you peace of mind
As an owner of a new development you need to know that if a problem should occur and a structural defect be found, a latent defects insurance policy is in place to take care of and help prevent further financial loss. There is no need to prove negligence on a latent defects policy and the policy can be assigned to any party who has an insurable interest. The latent defects policy can also aid with a sale of a property with the knowledge and security that a policy is in place.
In the event the original contractors have gone out of business, there is no need to worry. A latent defects policy will still provide the protection required to rectify a situation.
We at Bromwall are happy to discuss with you your latent defects insurance requriements and help you each step of the way, around what is often a minefield for the inexperienced. We can advise on the best latent defects insurance policy with a view to obtaining the best premium and cover.
Latent defects insurance is not available online - it requires expertise and guidance. Call Bromwall today and we will be pleased to help you and answer any questions you may have.
