Build Age Warranty For Free

It's essentially a legally robust insurance policy that begins at the exchange of contracts for a new build home and lasts up to 10 years after the initial completion date.

Most builder warranties cover material and workmanship on a new home for one to two years, with coverage that lasts as long as 10 years on major structural elements.

Overall, 2-10 Home Buyers Warranty is a reliable home warranty company. It doesn't offer the cheapest coverage and, like other home warranty companies, it has received plenty of complaints through the BBB. However, the company offers fast service, high coverage limits, and has received glowing reviews from customers.

Understanding the Builder's Warranty By enrolling a home with a full 2-10 warranty, the builder/seller is telling the buyer the home will be free from defects in the applicable workmanship and materials for one year, free from defects in applicable Systems for two years, and free from Structural defects for ten years.

Ten years is the standard period for most warranty policies, with the first two years being defects warranty and the remaining term being structural cover. Although backed by the warranty, builders are initially responsible for putting right defects affecting new homes.

A home builders warranty covers the major structural elements of a new home from physical damage that may occur. A builder warranty also provides coverage on workmanship and materials such as windows, tile and drywall as well as distribution systems like electrical and plumbing.

Builders warranty insurance lasts for up to six years after the build's completion or termination of the building contract. If the contract doesn't state when the work is complete or there is no contract, the build's completion occurs on practical completion.