Building indemnity insurance

Building indemnity insurance is a type of coverage that protects homeowners and builders if a building project encounters issues such as financial failure, legal disputes, or defects. It ensures that if the builder cannot complete the project or if structural problems arise after completion, the insurer will cover the costs to fix or finish the building. This insurance provides financial security, giving confidence to clients and contractors that they are protected against unforeseen risks related to the construction or renovation of a property.