Have you decided to build a house or carry out major renovations such as raising a house? Note that book damage insurance is compulsory.
Anyone who has a structure built or carries out a major renovation must take out damage insurance. This obligation concerns both natural and legal persons. Explanations.
Home heightening: what is the structural damage insurance for?
Established in January 1978 by the Spinetta law, property damage insurance must be taken out by individual project owners when they deal directly with the builder. The purpose of this contract is to intervene in the pre-financing of damages of a ten-year nature by making it possible to obtain their rapid reimbursement and repair, without waiting for the courts to rule on the liability of each of the parties.
Therefore, when an individual calls on a professional to carry out house extension work, in order to expand his current home, he must imperatively take out damage insurance. Although no penalty is applicable in the absence of this insurance, the client has every interest in subscribing to it if he does not want to be forced to wait months to obtain compensation in the event of a claim.
What does the structural damage insurance cover?
All ten-year claims are covered by the building damage insurance for raising the house. These are those affecting the solidity of the structure or its inseparable equipment items, or those making it unsuitable for the use for which it was intended.
For example, the following are covered by this insurance: major cracks in the walls, subsidence of the floor, collapse of the roof, thermal insulation defects of the walls, etc.
On the other hand, it is not possible to claim the work damage insurance to obtain compensation for claims occurring during the work and which fall under the contractor’s professional insurance, nor for the non-completion of the work in the agreed deadlines.
When does this insurance take effect?
The work damage insurance takes effect after the expiry of the guarantee period of perfect completion and expires at the same time as the ten-year guarantee, ie 10 years after the date of receipt of the work.
Payment for repairs can nonetheless be obtained thanks to the work damage insurance before acceptance of the work after a formal notice remained unsuccessful, and after receipt within a period of one year.
Tips for Finding the Best Home Raising Damage Insurance
The amount of the structural damage insurance premium is calculated by applying a rate proportional to the total cost of the planned work. It also varies according to the type of work concerned, the nature of the work to be carried out and the destination of the building (personal use, rental, sale).
Few insurers offer this type of contract on the market. It is therefore difficult to negotiate prices. To put the odds on your side, you can try to get quotes from several companies using an online comparator. Concretely, you just need to fill out a quick form to get personalized proposals.
If the prices offered seem exorbitant to you, if an insurer refuses to take charge of you or does not answer you, you can contact the Central Pricing Office (BCT). This organization may force an insurance company to make you a market price offer. The processing time for cases generally varies from one week to one month.
It is important to anticipate the subscription to the damage insurance work for raising of the house. In fact, it is not recommended to start work without this guarantee.