The collapse of Alpha in May meant structural warranty policies with the company ended immediately. Advantage offers advice on how to ensure vital cover is maintained
Thousands of new homeowners have been left without vital structural defects insurance after insurance carrier Alpha went bust.
Many homeowners who require the 10-year structural defects insurance will still be unaware that they have been left without cover.
Alpha, which supplies the insurance new homes require to protect against structural defects, was declared insolvent in Denmark in May, meaning peoples cover has come to an immediate end.
Policyholders are slowly receiving the news that their homes are no longer insured and at this stage, no plans have been a…
Read the full article at: https://www.pbctoday.co.uk/news/building-control-news/collapse-of-insurance-firm-alpha/43949/