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New home insurance: Mind the cap
Michael Craik outlines a case relating to the interpretation of a new home ten-year insurance policy ‘While the outcome of this case was dependent on the wording of the Zurich policy, such ten-year insurance-backed warranties are common (if not a requirement) in new-build developments.’ Manchikalapati v Zurich Insurance plc (t/a Zurich Building Guarantee and Zurich …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Impact Funding Solutions Ltd v AIG Europe Insurance Ltd [2016] UKSC 57
- Manchikalapati & ors v Zurich Insurance plc (t/a Zurich Building Guarantee and Zurich Municipal) & ors [2019] EWCA Civ 2163
- Sugarman & ors v CJS Investments LLP & ors [2014] EWCA Civ 1239