Latent Defects Insurance

At last, lower prices for Latent Defects Insurance..

Latent Defects Insurance or sometimes also known as Inherent Defects Insurance is usually required by Property Developers, Finance Providers or New Build Contractors, amongst others, for both Commercial and Residential Properties.

In principle, an Insured can be anyone who has an interest in the Property.

The policy covers faulty design, workmanship or material problems or defects for up to a period of 12 years of practical completion by repairing, replacing or strengthening the property. Usually cover is is arranged prior to commencement of the project but we can also provide cover to existing or finished projects.

Some advantages of Latent Defects Insurance:

• Allows an easier sale of the property to third parties
• No negligence needs to be proved – just the discovery of defect at the premises
• Cover can be fully assigned thereby providing security to future owners/leaseholders
• We make the whole process of setting up your policy as quick and easy for you as we’ve been involved in Latent Defects and Construction Insurance for nearly 25 years.

For any help or advice call one of our Construction Team on 0207 731 3700 or email us at info@titan-insurance.com