Frequently Asked Questions

What is Structural Defects insurance?

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/