The Federation of Master Builders

Peace of mind cover during construction and beyond

Published date: 06 January 2020

How our Domestic & Commercial Warranties can help you.

Peace of mind cover from the start of your build to the years beyond.

Are you building a house from scratch or undertaking an extension or loft conversion? Or perhaps you’re making some internal alterations or working on a smaller project such as a new porch?

An FMB Insurance Domestic and Commercial Warranty offers cover for a wide range of projects during the construction phase and if needed, for several years beyond, giving you complete peace of mind.

All of FMB Insurance’s Domestic and Commercial Warranties offer cover during the construction phase, as well as cover for the deposit paid, up to 10% of the insured value. Each of the policies (excluding Value), protects against liquidation, faulty workmanship and structural damage to varying degrees, depending on which policy you choose. Each warranty can be tailored to meet your own specific requirements:

Value – an entry level product for those on a limited budget requiring cover for loss of deposit and/or liquidation during the entire construction process.

2-year – Suitable for smaller developments or those requiring a cost effective, short term warranty solution. Cover includes the construction process as well as cover for structural defects and faulty workmanship for 6 months after completion and for structural damage and water ingress for up to 18 months after.

6-year – The mid-range warranty, suitable for all types of development. Cover includes the construction process as well as cover for structural defects and faulty workmanship for 2 years after completion and for structural damage and water ingress for up to 4 years after.

10-year – The flagship warranty, providing cover to your development at similar standards to a new housing policy. Cover includes the construction process as well as cover for structural defects and faulty workmanship for 2 years after completion and for structural damage and water ingress for up to 8 years after.

All our warranties are flexible, insurance-backed guarantees, underwritten by market-leading insurers. If you’re unsure which warranty you require for the project you’re working on, simply get in touch with us and we will be happy to talk it through with you.

 

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