What is Hidden Defects Insurance?
When you purchase a property more often than not a survey is carried out. The surveyor can only report on defects that are visible to them at the time of inspection however defects may still exist only that they are hidden:
- under carpets
- behind wardrobes
- In inaccessible areas
- under floors
Hidden Defects Insurance will protect the purchaser of a property for 12 months from the date of entry and is renewable on an annual basis*. It gives protection to many areas including:
- Chimney Stacks
- Roof
- Wall structures
- Floor structures
- Damp Infestation
- Beetle Infestation
Structural repairs by their very nature are costly to put right and will appear when you least expect them leaving a financial burden. The low cost insurance premium gives protection up to £50,000 to put things right.
Home Reports Direct offer this product to successful purchasers of a property whose home report was prepared by Home Reports Direct Ltd. **
Can you afford not to have it?
* The Hidden Defects Insurance can be renewed annually for 4 years after which a new Insurance Condition Report is required and cover is based on the new report.
** A fee and Insurance Condition Report is required at redemption of the voucher to activate this cover.
