A commercial warranty (also referred to as Latent Defects Insurance) protects property owners or developers from the potential of costly defects. Using our commercial building warranty, which is a first party insurance policy, replaces the need for a collateral warranty.
View the latest Insurance Distribution Directive (IDD) update
Flexible cover period of 10 or 12 years’ cover
Financial Limits Up to £10m
Full risk transfer from year one of cover* (The first 12 months of cover is excluded in respect of claims relating to the waterproof envelope, roads and/or car parks)
Includes protection for external car parks and associated drainage
Additional costs, Removal of debris and Professional fees
Additional cover available for seepage, business interruption and loss of rent payable or receivable
As well as cover against structural defects you will also receive:
Your local and experienced Risk Management Surveyor will guide you through the build process offering onsite technical advice.
Ensuring you meet building standards at each key construction phase reducing the risk of possible structural defects.
For RIBA or CIAT members
If using Premier Guarantee as an AI, we will cover claims that do not comply with building regulations
Discuss your project with our dedicated Account Managers and receive a bespoke quotation based on the complexity of your build.
Our team of specialists will review your designs and provide reports with constructive advice for meeting build requirements creating a bespoke technical inspection plan for your build.
Your Risk Management Surveyor will undertake onsite inspections in line with the construction of your development.
On final inspection your Risk Management Surveyor will be able to approve your project so you can receive your Certificate of Insurance
Rest knowing your development is covered from day one, with full risk transfer after the Defects Insurance Period.
Cover for Refurbishments and Conversions are available under our Commercial Warranty. Before placing an order, we can undertake a pre quote refurbishment assessment to ensure you can meet our standard risk requirements, avoiding any potential site delays.
Download our Refurbishment and Conversion checklist for information on the technical requirements.Download Checklist
Gain Warranty approval for new and innovative construction methods through Premier Guarantee Product ApprovalLearn More
You must be registered with us to get access to our comprehensive range of Structural Warranties and Building Control.Learn More