Builders > Why Offer a Structural Warranty?

 

Every builder believes that structural defects will never happen to them, but even solidly built homes can have problems.  In fact, statistics show that major structural problems occur about as frequently as major fire damage.  Most homeowners wouldn't live in their home without fire insurance, yet many new homes are unwarranted for structural issues.

The main benefits of a structural home warranty from StrucSure are two-fold:

  • Protecting builders from expensive claims, liabilities, and lawsuits.

  • Providing reassurance to buyers about the structural integrity of their home.

StrucSure provides insurance-backed, 10-year warranties on new homes.  This coverage starts on the day of closing and lasts for 10 years. Our 2-10 home warranties also back builders on workmanship in year one and the delivery portion of systems through the second year (click here to learn more).

In addition to being FHA Approved and HUD Accepted, here are some other great benefits to warranting your homes with StrucSure:

  • Structural coverage from day one of closing.

  • If a structural  issue with the load bearing part of the home causes a non-load bearing part to experience a failure or incur damages, we cover those direct damages (unlike many other warranty companies).

  • Warranties provide a competitive advantage when marketing to conscientious buyers, and we provide you with free marketing materials to communicate that advantage to them.

  • Our membership process is simple.  When a builder applies for membership, we don't require them to provide certified financial statements, long reference lists, a signed personal guaranty, or a bond.  Many of our competitors do.

  • Working with StrucSure means less paperwork. Our home enrollment form is only one page (and can be submitted online), we charge no start-up fees, and faxed inspections are acceptable.

  • Our warranty includes a provision for third-party arbitration should a disagreement about coverage occur between you and the homeowner.  This arbitration process benefits both the builder and the buyer by providing a solution to the problem without the time, effort, and expense of litigation.

  • We have stellar, responsive customer service. Phones are typically answered in person and calls are returned in a timely manner.

  • StrucSure sets aside a higher percentage of every dollar received than the industry average for the purpose of covering claims (rest assured that we'll be there in the case of a structural defect down the road).

  • Our goal is to meet your pricing needs, so we offer both per-thousand and flat-rate pricing.

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Don't take a chance on good fortune.  The least expensive piece of insurance could be the piece that saves you the most!
 

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Do you have any projects coming up where a structural warranty make senses? Complete our online Request for Information form or call us at 1.877.806.8777 for more information on rates and coverage.

 

SPECIAL READING:

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