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Property Developer Insurance: Liability & Site - Hazelton Mountford

Property Developer Insurance

Our expertise dealing with the complex insurance requirements of property developers enables us to provide competitive, high quality insurance services to the property and construction sector.

The complex insurance requirements of new construction projects are often left in the hands of non-specialists or outsourced to the contractors. Hazelton Mountford’s expert team are there to advise you the developer on how best to protect your investment.

BESPOKE PROPERTY DEVELOPER LIABILITY & SITE INSURANCE SOLUTIONS

We understand that all developers are as different as the developments themselves. With different types of developments, equipment, locations and contractors, your risks and liabilities change and your insurance cover should reflect this.

Together we have the experience to help you make the right decisions about the specific insurance needs of your property development and ensure the right levels of protection for your business. This may include:

  • Property in Course of Construction Insurance (Contract Works)
    Cover for the development in the course of construction – Arranging this yourself as a developer gives you control in the event of a major loss and avoids complications in the event of contractor failure. There can also be the requirement for cover on any existing structures that may form part of the development.
  • Delay Protection
    Protection against your losses/additional costs in the event of a delay in completion due to insured damage
  • Latent Defects/Building Warranty Insurance
    Enhance the value of the property with A rated insurer backed Latent Defects/Building Warranties
  • Residential Buildings Warranties
    Mortgage Lender approved Residential Buildings Warranties
  • Performance Bonds
    Protection in the event of Contractor Failure
  • Legal Indemnities
    Cover taken out during conveyancing where there is some sort of legal defect (a missing title, lack of planning permission or building regulations approval, a lack of a right of way etc.) which is unlikely to be an issue but does have the potential to cause a significant loss or legal action in the future.
  • Property Owners Liability & Vacant Building Insurance
    Cover for vacant buildings awaiting development or Property Owners Liability on the land
  • Property Owners Insurance
    This is cover to for the completed structure

PROPERTY DEVELOPER CLAIMS SERVICE

A major benefit of the developer arranging their own insurance is control in the event of a large loss. Often time is of the essence and our property claims team are there to ensure the quickest possible turnaround.

Our clients benefit from a dedicated, in-house Claims Manager who will ensure any claim is handled as a priority in an efficient, cost effective manner. As well as the clients facing role, we will liaise on your behalf with:

  • Insurers
  • Loss Adjusters
  • Accountants and Surveyors
  • Third Parties or any other necessary party

Testimonials


"We have been a client of Hazelton Mountford for the past two years and have always found the team to be extremely helpful, knowledgeable and trustworthy. Gordon and his team of account handlers deal with our queries quickly and professionally keeping our best interests always at the forefront. Thank you to all at HM. We look forward to continuing our relationship with you in the future."

Jo Middleton

Artisan REI Limited

Professional Broking Service

Our team have years of experience in handling the various insurance requirements for the property sector. We are a Chartered Insurance Broker which demonstrates our commitment to deliver the highest level of insurance expertise and training.

Our service is tailored to suit your individual needs as a developer. We will be as ‘Hands-on’ as our clients require, liaising with Architects, Project Managers, Contractors & Lawyers and other professionals involved as needed to ensure each party is satisfied that your development is adequately covered.

WHY USE A PROPERTY DEVELOPER INSURANCE BROKER?

Our team have years of experience in handling the various insurance requirements for the property sector. We are a Chartered Insurance Broker, surprisingly only around 5% of UK insurance brokers can meet the necessary standards required to achieve this status which demonstrates our commitment to deliver the highest level of insurance expertise and training.

Our service is tailored to suit your individual needs as a developer. We will be as ‘Hands-on’ as our clients require, liaising with:

  • Architects
  • Project Managers
  • Contractors & Lawyers
  • Other professionals involved as needed to ensure each party is satisfied that your development is adequately covered

 

 

 

Our Experts

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