Major Project Structural Warranty
Major projects need structural warranties to match, covering high-value building envelopes, structural complexities and multiple building uses.
Discover tailored major warranty terms for a range of projects from Build Secure.
- Cover available at any stage of the build.
- Fast turnaround times.
- 'A' rated insurers.
- Cover available for any type of build.
- Competitive pricing.
Complex structural warranties for major projects
Tailored coverage forhigh-value projects
Whether you’re the developer, buyer or investor in a major building construction or renovation project, you need a building warranty that ensures all bases are covered against latent defects.
At Build Secure, we can help you gain clarity over every aspect of your building’s safety and security, thanks to our team’s extensive expertise in dealing with complex, multi-use projects and our range of trusted insurer partners.
What isa major project structural warranty?
Major project warranties provide those responsible for building projects with insurance – typically against latent defects incurred during the project. Like a typical structural warranty, our major project warranties provide cover against design, workmanship or material defects that result in loss or damage.
There is no physical standard for what constitutes a ‘major project,’ though typically large-scale, high-value developments, or developments with complex design or construction requirements, fall into this category.
Structural warrantiesfor high-rise buildings
High-rise building projects, such as skyscrapers, typically fall into the category of a major project, thanks to the complexity of development, height, cost and risk factors associated with such ventures.
Our specialist underwriters and insurer partners have extensive experience delivering high-rise warranties for multi-million-pound developments like these, providing tailored warranty terms for you and your project.
Structural warranties for complexmixed-use buildings
Many mixed-use projects also constitute major properties, particularly large-scale urban developments that combine multiple functions. We can provide student accommodation warranties, warranties for business parks, social housing warranties and more.
We can provide structural warranties that deliver extended cover for large-scale, multi-purpose buildings – with coverage of up to 12 years available.
Major project structural warranty FAQs
How are major project warranties different from minor project structural warranties?
Mixed-use structural warranties differ from standard commercial or residential policies in their complexity. Due to the fact that multiple types of building must be covered, mixed-use structural warranties require tailored terms to cover a range of risk profiles.
Our range of mixed-use policies take varying tenures, shared mechanical or electrical services and more into account to provide the necessary coverage for your needs.
Be aware that insurer underwriting is typically very rigorous, because construction cannot be observed. Insurers are therefore typically more selective over these types of policies.
However, thanks to our wide range of insuring partners, we can help you find the ideal policy for you and your needs.
