- Menu
Latent Defects Insurance
Our dedicated team can arrange Latent Defects Insurance to cover repair costs for residential and commercial developments.
What is Latent Defects Insurance?
Latent Defects Insurance is a structural warranty that provides cover for a property against structural faults in a new home or commercial premises. Often not covered under the standard buildings insurance policy, latent defects can help cover the cost of repairing structural issues and pays for rebuilding a structure if it becomes uninhabitable or is deemed unfit for its intended purpose.
Latent defects policies can include additional cover for demolition and debris removal, mechanical or electrical faults, alternative accommodation for residents, building control services, and contamination cover.
These policies typically remain valid for 10 to 12 years after a building’s completion and can be transferred to new owners if the property is sold. Whether work on a property is about to start, is partially constructed, or has been completed, then our specialist team can help you find the right warranty insurance solution to meet your requirements.
Need Latent Defects Insurance?
For comprehensive Latent Defects Insurance
What does Latent Defects Insurance cover?
Latent Defects Insurance can provide cover for:
- Structural defects.
- Ingress of water.
- Threat of collapse requiring remedial works to prevent damage caused by a defect in design, materials or workmanship.
- The costs of demolition to allow for potential rebuilding.
- The cost of providing alternative accommodation during the time of repair.
- Loss of rent, gross profit, or revenue.
- The increased cost of working from alternative premises.
- Mechanical or component failure.
- Damage to mechanical or electrical services.
Why use Jensten
Dedicated
A dedicated team supporting construction business
Trusted
We are the trusted broker to construction and contracting trades
Flexibility
Tailored insurance to the needs of your business
Talk to the experts
Our team of UK-based insurance experts are here to help, Monday – Friday, 9am – 5pm.
- Call our team
- 0808 239 2989
Online
Contact us on our website whenever suits you
What our clients say...
Council of Mortgage Lenders
One area to be aware of when purchasing Latent Defects Insurance is to look at insurers who are on the Council of Mortgage Lenders.
Insurers must go through a stringent process to be placed on the list. The importance is when a warranty is taken out on a development; if that warranty isn’t accepted by the lender, then any future buyers wanting a mortgage can run into issues.
Jensten Insurance Brokers can advise you on which insurers are on the Council of Mortgage Lenders when arranging your policy. Get in touch with our specialist team to find out more.
Who needs Latent Defects Insurance?
Latent defects are suitable for a number of different developments, including new builds, extensions, and conversions of commercial buildings to residential use.
This type of policy can apply to anyone building or selling commercial or residential new builds, including:
- Architects
- Self-builders
- Property developers
- Social housing
- Registered social landlords
- Conveyancing solicitors
- Property owners
- Construction firms
- Contractors
- Mortgage lenders
For some tailored insurance help, please contact the Jensten Motor Trade team today or call them on 0208 298 2100.
Need Latent Defects Insurance?
For comprehensive Latent Defects Insurance
Latent Defects Insurance
This can be a complex area of cover, so to help you get the protection you need, here are our frequently asked questions about Latent Defects Insurance. We hope they will help, but if you’d like some independent advice, please call us on 0808 239 2989, and we’ll be on hand to help.
What is the latent defect warranty period?
Latent defect policies vary in their length, cover can start from the date of a buildings completion and typically run for a period of 10 -12 years. It can be transferred to new owners if the property is sold.
Why arrange latent defects insurance through a broker?
As a specialist insurance broker, we have access to a range of insurers and can compare policies on your behalf to find cover that meets your specific needs. Get in touch today with one of our specialists to find out how they can help you and your business.
