Buildmark
Buildmark is our product for newly built or newly converted homes for private sale.
What is Buildmark?
Buildmark is designed for NHBC registered builders and the owners of newly built, newly converted or one off high-value homes constructed by NHBC registered builders. Buildmark provides pre-completion deposit protection, a two year builder warranty period backed by the NHBC resolution service and guarantee and then an eight year insurance policy for physical damage to the home caused by a failure to build to the NHBC requirements.
Policy features
Our policies are subject to terms and conditions and exclusions. Please see the full policy documents for more information.
- Cover for builder insolvency before completion (cover for first owner only). This is typically 10% of the original purchase price, up to a maximum of £100,000.
- New build warranty and insurance cover up to £1m and up to £500,000 for conversions. Higher limits may be available on referral.
- Warranty and insurance cover for new build continuous structures up to £25m and up to £5m for conversions.
- Cover for alternative accommodation and storage costs.
- A minimum claim value (MCV) - if the cost of a claim exceeds the MCV, we will do the work or pay the cost in full and the homeowner will not have to make any contribution.
- Cover against contaminated land.