I was trying to purchase a property that the owner only partially repaired using about half of cash settled funds. The main problem was the repairs were self managed. No invoices were kept, there were no code compliance certificates so when I was applying for a certificate of cover from an insurance complany they only gave me partial cover.
I submitted scope of works and claim doucments which were all excluded from the cover because the vendors could not prove specific elements in the scope were actually repaired due to lack of evidence and this was made worse because builders report revealed eq related damages. The insurance company decided to just granted partial cover excluding every single damage appearing in the scope of works and new ones in the builder's report.
I submitted scope of works and claim doucments which were all excluded from the cover because the vendors could not prove specific elements in the scope were actually repaired due to lack of evidence and this was made worse because builders report revealed eq related damages. The insurance company decided to just granted partial cover excluding every single damage appearing in the scope of works and new ones in the builder's report.
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