Construction performance insurance with high groundwater level

  • Erstellt am 2018-05-07 22:13:14

Katiw

2018-05-07 22:13:14
  • #1
Hello to all home builders,
I hope I am in the right department here. We are building on a plot of land that possibly carries a risk of a high groundwater level. Has anyone had general or maybe even specific experience with [Gothaer] or [Zuricher] insurance? ..or are there possibly other recommendable construction insurance providers?

Best regards
Kati
 

HilfeHilfe

2018-05-08 06:54:40
  • #2
Insurance companies will exclude that with 99.99999% certainty. Would you buy a car with an obvious defect?
 

Katiw

2018-05-08 08:39:28
  • #3
Hello,
so I have indicated it in the inquiries and with Allianz (excluded due to high fees) & Zurich, the clause "located in a high risk area of (ground)water" (paraphrased) is listed as a special risk - I am still missing the policy from Gothaer. However, it is probably not excluded there either, the representative communicated. But how it looks in the event of a claim, I do not know, hence the inquiry.

Best regards
 

HilfeHilfe

2018-05-09 07:42:25
  • #4
Well, that's the dilemma... here I would request very precise records that you informed them
 
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