HomeBond Insurance is a structural and defect insurance with deposit and stage payment cover for new homes. Once the Certificate of Insurance is issued, HomeBond Insurance provides financial cover* for relevant structural and relevant defects, should they arise. The Policy covers*:
Structural Defects
Cover for 10 years in respect of the repair of major structural defects.
Smoke Penetration / Water Ingress
Cover for 5 years in respect of remedial work in the event of water ingress / smoke penetration caused by major structural defects.
Deposits & Stage Payments
Cover for Home Buyers for the loss of money deposited for the construction or purchase of a new home.
More information available at: http://www.homebond.ie/home_buyers/