AN INDEPENDENT 10 YEAR WARRANTY FOR CBS CO-OP MEMBERS

Building a new home or making a significant alteration is probably the biggest investment homeowners will ever make, and if anything goes wrong it could be the most costly too.  That’s why it makes sense to have an independently-insured warranty in place, just in case something does go wrong.

CBS Co-Op members and their customers now have direct access to New Zealand’s only independent 10 year building warranty.

10 YEAR BUILDING WARRANTY – HOMEOWNER BENEFITS

BEFORE & DURING CONSTRUCTION

Refund lost deposit

Pay additional costs to complete

Up to 15% of the contract price, to a maximum of $200,000

DEFECTS PERIOD

Covers all defects for the first 2 years and major structural defects for a further 8 years, including weathertightness claims

Defects include: defective design or specification, failure of products and materials, defective workmanship

ADDITIONAL BENEFITS

Homeowners claim directly with the insurer – instead of going through the builder

Transferrable to a new owner – added value when seeking a buyer

Claims managed by an independent third party

Cover is inflation adjusted every year

SECURITY

Underwritten by Certain Underwriters at Lloyds of London – rated A+ by Standard & Poor’s

Members, Apply For Accreditation Today

Share This