Rights of Light insurance policies have evolved a great deal in the last few years and it’s now possible to take a more strategic approach where insurance is concerned. We have considerable expertise in this area and will work with the insurance market to find the best policy to meet your requirements, and more importantly enable to you to get your development completed.
Once you have a completed Rights of Light report we will work closely with you to formulate an appropriate strategy and propose a suitable insurance solution. In order to start this process we require you to provide us with the relevant information and documentation as detailed in the Shopping List. For further information please read the guidance note or the FAQ’s below.
Can insurance work in conjunction with a surveyors suggested negotiation strategy?
The latest Rights of Light polices can be adapted to dovetail with the strategy that you wish to employ for each injured property. Whether you to choose to negotiate with your neighbours or not, ultimately we can shape an insurance policy to fit with your overall strategy for dealing with Rights of Light.
What is good neighbourly conduct?
Due to recent case law, good neighbourly conduct should be reviewed when considering any Rights of Light risk to avoid the likelihood of an injunction; we are happy to take you through this in more detail if required.
How do I put a policy in place?
You will need to send us written (email confirmation) in order to place a policy on risk. You will then receive an invoice from Light & Legal Indemnity Solutions requesting payment within 14 days.
What are the implications of not having a Rights of Light insurance policy in place before work starts on site?
If you have undertaken a Rights of Light Report and have negotiated and obtained Deeds of Release with all affected parties there should be no real need for insurance. Should you be required to start work on site but have not yet either initiated or completed negotiations it would be recommended that you support your strategy with an insurance policy which allows for this. In addition if you reach a point where you cannot negotiate with the injured party because they choose to seek an injunction, insurance may be able to help you to mitigate your losses.
Why do insurers require neighbourly matters information?
In order for an underwriter to assess a risk on behalf of the insurer, they need to understand as to where neighbours will need to be contacted to gain access or to initiate licence agreements such as crane over-sail or Party Wall Awards, these processes would alert neighbours and could induce a Rights of Light claim