The Platinum Seal Warranty Scheme is the only ‘Insured’ Residential Park Home Manufacturers Structural Warranty Scheme for the Park Home Industry. Platinum Seal cover provides a similar form of cover that is more commonly associated to a conventional bricks and mortar home.
All homes covered by Platinum Seal are insured for a wide range of structural defects that could occur during the first 10 years from the date of manufacture. This means structural faults that occur during this period will be taken care of with the minimum of fuss providing purchasers of new Residential Park Homes with total peace of mind in the quality and durability of Residential Park Homes. Platinum Seal cover is only available from selected Platinum Seal ‘Approved’ Manufacturers. In addition, should your manufacturer not be around to help in the future, the insurers of Platinum Seal could (subject to cover provided) fulfil the obligations of your manufacturer.
Why do clients need a warranty?
Although important, it’s not just to do with making sure your clients homes are protected against structural defects, as a structural defect can be expensive to repair, and without this cover it is likely that your manufacturer is only responsible for such defects for the first 24 months of you owning the home. But also, what happens after that first two-years, or worse still, what happens if that manufacturer is no-longer trading? In addition, if your client decides to sell their home or lodge before your warranty expires, a Platinum Seal Warranty will make their property more attractive to buyers who can also have the benefit of the balance of warranty still available. It is important to stress that what is covered by the Platinum Seal Warranty is not covered by a standard Buildings and contents policy, the covers are very different.