Latent Defects Warranty and Insurance Claims

What Are Latent Defects?

Latent defects warranties and insurance policiesLatent defects could be described as a weakness, imperfection or a hidden flaw that usually effects a newly built property during a period of time after they have taken possession. Latent Defects are not usually identifiable in the first instance. In fact, sometimes it can take many years for problem to arise or the latent damage to appear.

If you own a property built within the last 10 years, you may have a warranty protecting you for the latent defects limitation period. These are generally put in place to protect the owner of the newly built property just in case there are signs of damage in the future that could not have been identified at the time of completion. The damage, within a fixed period of time and after you have taken possession, may be due to unforeseen circumstances such as a fault in the design.

Latent defects could also arise as a result of poor workmanship or even using substandard building materials. Regardless of the blame latent defects warranties are put in place to protect the new owner of the property.

How Can you protect yourself from latent defects?

Although many newly build properties will have a 10-year structural defects warranty in place, for those that do not it is recommended that you protect yourself. You can do this by taking out an insurance policy to protect you from any defects that may come to light in the future.

Most mortgage lenders will arrange latent defects insurance before they release any funds. A cash buyer isn’t required to take out latent defects insurance but it is always advisable to protect yourself.

What does your insurance policy cover?

Latent defects insurance policies can vary dramatically dependent on what you require to be covered and the amount of coverage you require. You will need to take into account any clauses or limitations within the policy to ensure you are fully covered for any damage that may occur within the 10-year period.

Something you may need to otherwise consider is if your property has a 10-year latent defects warranty rather than an insurance policy. What exactly does your warranty or insurance policy cover? Does it cover the full cost of repairs, replacements or the strengthening of your property once the any damage has been identified?

Aspects that may not be covered.

One of the main differences between a warranty and an insurance policy is that there will be a maximum cap on the amount insured. Warranties generally do not place caps on the amount of liability should you need to claim against it. Also, your latent defects insurance policy may only cover certain losses whereas your warranty should cover you against design faults or poor workmanship.

Help if you have a latent defect claim

Managing a latent defects claim can be complicated and time consuming. Luckily there are specialist claims management companies who specialise in property defects such as subsidence, heave, underground drain damage or damage to property caused by tree roots. Property Defects are a nationwide group of loss adjusters, surveyors, claims management specialists and building professionals.

Property Defects specialise in managing both warranty and insurance claims on behalf of owners of properties that are suffering from damage that have been built within the last 10 years. Working solely on behalf of their clients, they aim to ensure that you receive your full entitlement when managing a claim on their behalf.

If you would like to learn more about the services offered by Property Defects please feel free to visit their website.…

Loss Adjusters or Public Loss Adjusters?

loss adjustersPublic Loss Adjusters

Are you looking for professional loss adjusters to represent you? Public Loss Adjusters are here to represent you, day and night – with our 24-hour call line, we are always here whenever you need advice or just someone to speak to about the damage caused.

Unlike other loss adjusters, we work for the policy holder, not the insurance company – so you can be certain that we will not be biased towards the insurers. We will assess the building thoroughly so you get the final settlement fee that you deserve. If you are in need of a loss adjuster or have any question regarding what we can do for you, please visit our website at or call us on 0800 434 999.

About Public Loss Adjusters

Public Loss Adjusters have been a Loss Adjusting company since 1971 – they have vast experience in loss adjusting and claims management and have dealt with every case that this type of industry has thrown at them. We have two senior directors that work for Public Loss Adjusters who have over 65 years of combined experience between them.

We have close allies in this industry, which dramatically helps with the claims process and repair work. We also offer free loss adjusting when you choose our provided contractors. The contractors that we have a strong partnership with offer some of the best restoration work in the industry.

However, if you decide not to choose the contractor of our choice to see out your repairs, or just decide to take the settlement fee in a cash sum, we will take 10% + VAT of the final settlement fee for the loss adjusting we have provided.

We also directly speak to your insurer for you, to ensure that the entire claims process goes as smoothly as possible and is done as fast as possible. It is essential that we talk to your insurer directly – if we don’t they might try to make the claim process as slow as possible and might try to give you less than what your claim is actually worth.…

Loss Assessors To Help With Property Claims

Loss Assessors To Help With Property Claims

Have you recently suffered from a fire or flood and it has caused damage to your property? Public Loss Assessors are here to help YOU get back every penny you are eligible to.
Public Loss Assessors recognise that when a fire or flood causes destruction to your home or business, it can have an overwhelming effect on your life and repairing your property back to its previous condition is their number one importance.

Loss Assessors That Will Help You Receive a Full and Fair Settlement

Recently, Eleanor Olivier’s Urban Spa Retreat in Richmond went up in a blaze. Her insurance company delayed her claims for several months causing her to lose all but one of her employees and also stopping her from starting the rebuilding of her company. Olivier’s is not the first small business to be endangered by late-paying insurers. The issue of delays when dealing with an insurance claim is a threat to Britain’s enterprises. Reputable Loss Assessors who work for the public can stop situations like this from happening and will always put their client first.

After a fire has happened, your property may be in an inhabitable state and you may need temporary accommodation until maintenances on your home are complete. If your policy covers temporary accommodation, we can help organise someplace for you to stay. If you are not applicable for this, then we can look over the small print to find exactly what you are entitled to. Flood and water damage can destroy a whole property as well as its insides deeming your properties impracticable. It can be a massive shock to your system and a huge disorder to overcome. The order of events during a flood are traumatic and can harm the very fabric of your property, this most certainly will include a great scale clean-up process before any refurbishment work is even considered. During all of this, Public Loss Adjusters Ireland can assess the damage, and look over your contract with your insurer to see if there is any way to get more money for the destruction that was originally quoted; remember, Public Loss Adjusters Ireland work for YOU, and not the insurer.

Public Loss Assessors offer a free loss adjusting service provided to you. Rather than your insurers loss adjuster deciding the result of your settlement, wouldn’t you prefer the outcome to be assessed independently, ensuring your best interests are put first?

Call Public Loss Assessors free today on 0800 865 4999. There’s no harm in inquiring and you could be entitled to a larger settlement than your insurer may tell you.…