On a construction site it's the builder who is always liable for damage to any uninvolved persons. It's irrelevant whether a tradesman caused the damage or if guilt is attached to anyone.
If your company has building insurance with AXA, only construction amounts from CHF 100,000 need be insured. Your building insurance already covers you up to this amount. Check for which building and up to which construction amount your personal liability insurance will compensate you for damage in connection with your construction project.
As you have taken out builder's liability insurance from AXA, you automatically benefit from passive legal protection. This means that AXA checks all claims on your behalf and rejects claims that are unsubstantiated or excessive.
Yes, in the role of builder, your company is liable for various types of damage that no other party is responsible for: e.g. damage to your neighbor's property for which no specific party can be held responsible. Or when the building contractor cannot be held liable. In these often high-cost situations, builder's liability insurance protects you.
As a rule, yes. Most companies take out just a general commercial liability insurance. However, this doesn’t cover all construction accidents, or it first requires clarification and only pays compensation in cases of guilt and only after a certain period. Here, builder's risk insurance covers construction accidents regardless of their cause. It also grants advance payment in liability cases – regardless of how long they take to clarify. Your company can therefore complete the construction project on time.
Normally not, as the construction work has already been completed. However, for building construction up to a maximum price of CHF 5 million, AXA includes full-value building property insurance for free. This covers any such damage that arises up to six months following the planned date of building completion.
If you have taken out supplementary insurance "legal protection for builders," you are covered. You receive competent legal assistance in disputes concerning defects, and the costs of legal proceedings are paid for.