Latest developments in latent defects insurance

Considers the effects of latent building defects and the contractual rights that exist when a defect is found, depending on the age of the building. Examines the various insurance options available– commercial property insurance, public liability insurance, and legal liability policies – as well as the latest developments in latent defect insurance and how this can be arranged. Concludes that building defects will continue to arise and that already available latent defects insurance may become a legislated necessity.