Commercial Latent Defects Insurance

what we cover

We cover commercial latent defects insurance

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Advantage Construction Insurance is a trusted provider of commercial latent defects insurance, and we’re proud to provide insurance for a broad range of high-value commercial schemes throughout the UK.

Commercial latent defects insurance

About Commercial Schemes

WHY CHOOSE COMMERCIAL LATENT DEFECTS INSURANCE?

Clearly, all commercial developments – from offices to retail units to schools, to name but a few – require insurance. The Advantage team will help you find the right insurance product to cover you today and in the future. To make a claim through commercial latent defects insurance, you don’t need proof of negligence, you simply need proof of the defect causing the damage, simplifying the claims process. Also, as this type of insurance covers buildings, rather than a warranty on the work, it reduces exposure to warranty or PI claims. Plus, having the right cover in place will help to attract tenants, creating more leasable or saleable commercial properties.

WHAT DOES COMMERCIAL SCHEME INSURANCE COVER?
  • Building components
  • Mechanical and electrical (M&E) services, including building control systems and energy distribution
  • Commercial latent defects insurance also covers business interruption, covering rental income and relocation expenses

How It works

Compare Quotes and get your Insurance the Right Way

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Get A quote

Request your Commercial
Schemes insurance quote

Why Choose Advantage for Your Construction Insurance

As well as being leading providers of structural warranties, the friendly and professional team at Advantage also specialise in offering related insurance products – such as performance bonds – which you may also require, giving you the option to work with one dedicated relationship manager throughout your project.

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what we cover

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FREQUENTLY ASKED QUESTIONS

Most Popular FAQs

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How much does structural defects warranty cost?
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Is structural defect insurance transferrable?
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What is the difference between structural defects insurance & latent defects insurance?
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Is structural defects warranty compulsory?
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How long does the warranty period last?
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What is a structural defect?
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