Construction insurances

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.