Structural Damage Insurer Guarantees Full Payment for Repairs Throughout 10-Year Period

The works damages insurer guarantees payment of the entirety of the repair work for damages likely to affect the construction or the elements of equipment throughout the ten-year period. When you report a claim, it must take care of all the work necessary for the repair. The structural damage insurer must pre-finance rapid, effective and long-term repair of the declared damage, making it possible to put a definitive end to the problems, thus preventing any further development.

The service due by the insurer consists of the payment of a sum of money to enable the effective repair of the work or its reconstruction. Compensation is limited to the amount of expenses strictly necessary for the repair. Demolition, clearance, removal or dismantling work is covered.

2023-12-24 09:10:29
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