Professional indemnity insurance for engineer reqd by lender?

you should reread thread.

Let me clarify then - what are you worried about in relation to your Velux window ?

I need a cert of compliance from an engineer/architect to say that I am complying with planning and building regulations etc -for the lenders. I already had this done a few weeks ago by another fellow but it turned out he had no indemnity insurance so it wasn't worth the paper it was written on. I am hoping that this new fellow will give me the cert even though I have no official planning for the velux-just a verbal go ahead from the planner. Some engineers are more lenient than others. I'm looking for some posts that have experience with these situations, not pointless, off the point opinions,that are neither here nor there.

Pointless = having no point. Off the point means having a point that is not relevant. Mutually exclusive things.

I can see that my comment seems to have annoyed you and for that I apologise. Like I wrote when I posted it was nothing personal - more of an observation on the culture of persons who build / install not to the planning permission granted and then hope to get a retention. In fact the county manager is as culpable as everyone else if he is actively telling people to go ahead and apply for permission later.

Either way since this is your thread and you don't want a discussion on your action here we shall leave the thread to the insurance issue originally posted. Apologies again for annoying you.

I think that would be a very good idea.Glad to see that you know how to use a dictionary.

The only way around the indemnity insurance is to use a homebond builder. The homebond guarantee protects you from structural damage in the same way as the indemnity insurance.

I have homebond but they also want the compliance cert.

I would question you lender on that. The man reason that an architect or engineer wouldn't have indemnity insurance is due to the fact their firm would have the insurance not them individually and if they aren't working on behalf of the firm they aren't covered, this however shouldn't stop them issueing a cert of compliance with planing permission - the home bond cert covers off the insurance and he is just saying that it was completed in accordance with planning & building regulations 2 very seperate issues. By asking for the architect to have PII they are asking that you be double insured - you pay enough over the odds for a homebond builder without having to pay for the architects insurance aswell.

Go back to the, full sure of where you stand and question why they require this, other wise move your business else where.

That is interesting alright.Ill talk to the broker about that.They have asked for way too much information as it stands.Don't think they will change their minds though.

bambino said:

The only way around the indemnity insurance is to use a homebond builder. The homebond guarantee protects you from structural damage in the same way as the indemnity insurance.

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Are you sure about that? Homebond is useless from what I've heard and from my limited direct experience. I certainly would not depend on it as an alternative to professional indemnity and certainly not home/buildings insurance.

Clubman the homebond is the same as imdemnity insurance, guarantees against structural defects for 10yrs....wouldn't want to try claiming on either to be honest. don't know waht you mean to use it as an alternative to Home insurance...completely seperate thing to structural guarantee.

can anyone recommend a engineer/surveyor with full insurance in south Dublin?

Pedro

I have been using the same architects company for 5 years , they specialise in residentail, and they have certified everything and there have been no problems I will pm you contact details.They have PI insurance.

Just on the original post I think Homebond and Certification are totally speerat items. Homebond covers the property for structura; defects for ten years. It does not cover PI for an architect / engineer certifying.

The Architect / Engineer needs PI because the bank relies on thsi. The bank is lending money on the basis that an engineer is certifying that works are done and in compliance. If the engineer is wrongfully certifying stuff and there are problems the bank will pursue.

VT