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Latent Defect Insurance (structural Warranty)
Latent Defect Insurance
Latent Defect Insurance (also known as a structural warranty) is a specialist policy designed to protect large commercial buildings against structural defects for a typical period of 10 to 12 years following completion.
Establised in 1993.
Over 100 years' experience.
10 dedicated team members.
Thousands of Irish customers served.
Structural warranties
Latent Defect Insurance
This cover provides long-term protection against the financial impact of latent defects arising from design flaws, poor workmanship, defective materials, or site conditions that were not apparent at the time of construction. It offers peace of mind and risk mitigation for developers, funders, and asset owners alike.
Comprehensive Protection for Commercial Properties
Latent Defect Insurance ensures that, in the event of a structural failure, your business is protected against potentially significant repair or rebuilding costs. It may also cover the consequences of negligence by contractors, architects, or surveyors involved in the project.
For many lenders and institutional investors, LDI is a mandatory requirement before financing or acquiring large commercial assets—helping to secure funding, facilitate future disposal, or streamline refinancing.
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To get a quote, simply fill out our contact form, email us at sales@ermfinancialservices.ie or call us now on 01 845 4361.
Make An Enquiry
ERM Financial Services has been providing latent defect insurance for almost 30 years, and have developed a reputation you know you can rely on. Get in touch for a quote today.
Structural Warranty
Who Needs Latent Defect Insurance?
Latent Defect Insurance is essential for organisations involved in the development, sale, or long-term ownership of large commercial buildings. This includes office developments, logistics hubs, retail units, industrial premises, hotels, data centres, apartment blocks and mixed-use commercial assets.
It is particularly relevant if your project involves:
- New-build commercial developments
- Major structural renovations or repurposing of existing commercial buildings
- Commercial conversions or refurbishments
- Permitted commercial developments and change-of-use schemes
- Forward sale or lease agreements with funding partners
With multiple providers in the market offering varying levels of protection, we can help you navigate the options and arrange the most suitable structural warranty solution for your specific commercial risk profile.