Frequently Asked Questions
We have provided answers here to those frequently asked questions that pop up regularly. If there is a question you have that we have not answered below then we would love to hear from you.
What is a Protek Structural Warranty?
A Protek Structural Warranty is an insurance policy that pays for the cost of rectifying defects in the design, workmanship, materials and components that are covered by the policy. It is often classed as a building defects or latent defects policy.
What is a Defect?
A defect is a a failure of the design, workmanship, materials or components to comply with the requirements of the technical manual.
Do you provide cover for insolvency?
Cover for insolvency may be available on some of our New Home Warranty products – please get in touch if you need this.
Is there a defect period?
Our New Home warranty includes a developer defect period. Other products are available that do not carry a defects period.
Why buy a structural warranty?
Fixing structural defects can be very costly, without a structural warranty policy in place you will invariably be responsible for fixing the problem or pursuing the entity that was negligent, which can be a tricky, expensive and time consuming exercise. A warranty adds saleability to a property for that reason.
Can I rely on an Architects Certificate or Professional Completion Certificate?
A fairly recent court case highlighted some of the problems associated with reliance on Architects Certificates. They are an extension of the Architects professional indemnity cover and as such you will need to be able to prove they were professionally negligent in not spotting the issue that lead to the defect arising. That can be a time consuming and expensive exercise. If the Architect is no longer in practise or fails to renew their cover it can often lead to no protection. For more information: https://www.thenbs.com/knowledge/court-of-appeal-provides-clarity-on-architects-certificates
Do I need to buy both a warranty and buildings insurance?
We think you should because they are both very different in what they provide. A buildings insurance policy provides cover in the event of fire, subsidence, lightning, explosion, storm damage etc., but specifically exclude damage caused by faulty or unsuitable materials, design or poor workmanship. That is why you should consider purchasing a structural warranty policy as well as buildings insurance.
How long does a structural warranty policy last?
Most structural warranty policies last for 10 years, although commercial and social housing policies are often longer.
Do you cover new builds, conversions, refurbishments and extensions?
Yes we provide cover on most types of development from single units to main stream apartment developments, Barn Conversions, office to residential regeneration, mixed use , commercial, self-build, custom build, extensions and renovations.
I’m planning a development using sectionalised timber frame is that OK?
Yes that’s fine. We will check the suitability of the design, workmanship, materials and components as part of the technical audit to ensure they meet our technical standards. We are also able to cover other modern methods of construction including modular, insulated concrete formwork, straw bale as well as traditional brick and block.
When do I need to get a warranty in place?
The ideal time to get the warranty in place is after you have got your building regulation drawings in hand and are considering who to do your building control with. The Protek warranty works with both a local authority building control solution or an Approved Inspector.
What information do you need to know?
We need some basic details regarding the project to be able to offer you a quotation like the size, build cost, location, design etc. and these questions form the basis of our quote process. You can apply for a quotation here. Once you decide to proceed, we need you to provide a copy of the working drawings, calculations and specification to our technical auditor, who will check the design meets with the technical standards.
How long does it take to get a quotation?
On average, it takes the sales team at Protek two days to turn a quotation request around.
How much does a Protek New Home Warranty cost?
A new home structural warranty policy is usually purchased by the builder or developer prior to construction works starting. They pay a one off premium covering the 10-year policy period. The structural warranty policy is issued at completion and provides cover for the homeowner and any successor in title (subsequent owner). For that reason while the current homeowner is always the beneficiary, someone else usually pays the premiums.
Can I take the policy with me when I move home?
No, due to the policy cover being for the housing unit it was issued upon. The person who buys the house from you becomes the new beneficiary.
What is Latent Defects Insurance?
Latent Defects Insurance (LDI) provides cover against the cost of repairing, replacing and/or strengthening an insured property following the discovery of defect in the design, workmanship or materials or components used in the structural works and envelope. The defect usually has to manifest itself during a 10 or 12 year period post completion. It must subsequently cause physical damage to the Premises; or the threat of imminent collapse to the premises, requiring immediate remedial measures for the prevention of an actual collapse. It is often referred to as a Structural Warranty
What is the sum insured?
The sum insured should always be the cost to professionally re-build the property; it has nothing to do with it’s value.
Why do you show the sales value on the certificate of insurance?
This is required by banks, building societies and conveyancers to ensure the certificate has been issued on the correct home.
Do you cover Self-Builds?
Yes we do!
The property was completed 5 years ago – do you do a retrospective warranty?
Yes, Protek provide retrospective warranties on part completed and completed properties. More information on the cover and process is available on our completed property page.
How do I go about getting a structural warranty?
Your already in the right place!
- Make an application here
- Receive a written quotation
- Pay the premium and fees as applicable
- Project technical audit process
- Policy issued on satisfactory completion
How long does the process take?
It really depends on the length of time the project is scheduled for. In terms of a retrospective warranty being issued on a completed property these can be fast tracked to provide policy documentation on an average 10 working day turnaround.
What happens if I need to sell the property part completed – can you transfer the warranty to the purchaser?
Under FCA regulation in relation to insurance related activities we have a duty to treat all customers fairly. Whatever the reason for the mid build sale, our team will work with you to make the process as cost effective and straightforward as possible for all parties.
Does my Building Control Completion Certificate provide any cover?
No, it is simply a certificate issued by the building control inspecting party to confirm that the property meets the requirements of the Building Regulations with regard to Health and Safety.
If you have a question that’s not covered here – contact us and we will do our best to answer it!