This insurance enables you to pay for the cost of repairing material damage to a building, without prior investigation into liability, for a period of up to 10 years from the date of delivery of the property.
10-year Warranty Liability Cover protects you against all damage affecting the stability or strength of the essential construction works:
- The main structure (the foundations, structural works, and load-bearing components);
- The fixed components ensuring the enclosure and covering of the construction;
- The waterproofing of roofs, terraces and coverings;
- The smaller works and movable parts of the enclosed or covered area will be insured for two years;
- Equipment.
Classic ten-year cover is subject to a report from the inspection office, which entails site visits and a rather cumbersome process for the smaller works. Bauheem makes it possible to simplify application of its insurance policy by replacing onsite inspection with a risk analysis designed to verify that all parts of the construction process comply with fixed standards.
All the information is entered by you, your project manager or your architect in an on-line platform which gives a provisional overall cost for the associated risk.
Risk analysis carried out by our partner, ‘Trustbuild by Seco’, enables five levels of risk to be established (from very low to very high), to which five levels of excess apply.
Risk analysis is 100% digital, and is simplified by use of the ‘Truistbuild by Seco’ platform. A three-step process is used to calculate the provisional overall cost.
Trustbuild’s engineers then make recommendations for implementation of the works and finally provide you and Baloise with a full report detailing the excess applied to your property.