The importance of choosing an A-Rated backed insurer for your new home warranty

As the cost of living crisis bites, every financial decision that you make should be researched more than ever to ensure you are spending wisely and future-proofing any investments. The same applies to insurance and new home warranties. At Build-Zone, we only use A-Rated Insurers, which provides reassurance that you are buying a product with the long-term, financial security you require.

Why is your choice of insurer so important? Several unrated Insurers have gone into liquidation in the last few years, leaving their policyholders without cover. As a result, many homeowners have been left without a valid Warranty and, in turn, breach their mortgage terms. Build-Zone only uses financially secure A-Rated Insurers, giving you that extra security that your property has the best protection.

The Build-Zone New Home Warranty is approved by the majority of Lenders in the UK and recognised industry-wide. Buying a property can be a stressful process but rest assured, with our structural warranty, your new home has the best protection possible leaving you free to start unpacking all those boxes!

If your house builder or developer purchased a Build-Zone Structural Warranty to protect your new home, you will have been provided with the following:

1. Your Certificate and Policy Wording

2. Insurance Product Information Document (IPID)

3. The Build-Zone Consumer Code for Home Builders

When you complete on your house purchase, the new owner the Warranty is automatically transferred to you.

Build-Zone offers a range of Structural Warranty options

Generally, each Warranty is effective for 10 or 12 Years from the Date of Practical Completion. Please be aware that general snagging issues are not covered under the Warranty. Please see your Policy Wording for full details of your cover.

What is covered under a New Home Warranty?

Your policy covers the property described in the Certificate of Insurance, which includes:

• the Structure (which is deemed to be part of any new, conversion, refurbishment, renovation or extension Work to the Housing Unit); all non-load bearing elements and fixtures and fittings for which the Insured is responsible;

• any Common Parts retaining or boundary walls forming part of or providing support to the Structure;

• any path or roadway providing access for the disabled; the below-ground drainage system within the perimeter of such property for which the Insured is responsible; any integral or attached conservatory or garage to the main Structure which was designed and included as part of the original plans and built at the same time as the main Structure;

• any detached garage(s), outbuildings and conservatories which was/were designed and included as part of the original plans, built at the same time as the main Structure, and noted on the Certificate of Insurance.

Garages and outbuildings may not be covered under your Warranty, please read your Policy documents carefully to understand any Exclusions that may apply.

YOU CAN DOWNLOAD THE FULL GUIDE TO YOUR NEW HOME WARRANTY HERE.