Real estate warranty
Benefits at a glance
- Protection for sellers and buyers of used real estate
- Protection from financial consequences of hidden damages or premature defects
- For two years Zurich will assume the repair costs for defective components or their replacement at replacement value
- Low deductible of only just CHF 500
- Choice of three package variations with different sums insured (CHF 20,000, CHF 30,000 or CHF 150,000)
Good to know
You’re buying or selling a used property of real estate? As a buyer or seller the Real Estate Warranty from Zurich offers you many advantages, extensive protection and security. It insures the functionality of all relevant components in and on the building – and this over the course of two years after the change of ownership.
Advantages for buyers
- Protection from the financial consequences of hidden damages or premature defects
- Two-year warranty on your new home
- Zurich assumes the repair costs or a replacement at replacement value
- Low deductible of just CHF 500
Advantages for sellers
- A Real Estate Warranty for two years increases the chances of a sale of your real estate
- Protection from arguments with the buyer after the sale
- Unique selling point
These components are insured
| Component insured |
Details |
Maximum age ot the components upon time of application: |
| Heating | Components for heating such as oil heaters and heat pumps are covered.
|
25 years |
| Building installation / building technology |
Heavy current installations, plumbing installations, heating installations and ventilation systems are covered. |
40 years |
| Ventilation systems | Heavy current installations, plumbing installations, heating installations and ventilation systems are covered. | 30 years |
| Water softeners / waste water pumps | Heavy current installations, plumbing installations, heating installations and ventilation systems are covered. |
20 years |
| Jacuzzi | Heavy current installations, plumbing installations, heating installations and ventilation systems are covered. |
10 years |
| Roofs | All roofs are covered, however, plastic sheet roofs only up to 20 years. |
40 years |
| Plastic sheet roofs | All roofs are covered, however plastic sheet roofs only up to 20 years. | 20 years |
| Frontage, windows, doors, sun protection |
Façade systems, sun protection (shutters), façade surfaces and façade openings are covered by the warranty. |
30 years |
| Conservatories |
In the case of conservatories, the building envelope is covered. |
20 years |
| Built-in household appliances |
Washing machine, dryer, stoves and dishwashers are likewise covered. |
10 years |
Attractive solution for condominium owners
- For condominium ownership we offer a separate package variation with a sum insured of CHF 20,000 for a premium of CHF 1,950.
- The warranty completely covers components that belong solely to the insured. For jointly owned components, the coverage is proportionate to the value ratio of the insured owner.
- The warranty also applies when there is sufficient money in the renovation fund.
Good to know
- Start of insurance is the date of the change of ownership
- For single-family houses, the silver or the gold package is available with a sum insured of CHF 30,000 and CHF 150,000 with a premium of CHF 2,500 or CHF 5,000.
- The respective insurance premium is the total premium for two years.
- You can also conclude the Real Estate Warranty when individual components are older than the maximum age. However, only those components that have not yet exceeded the respective maximum age are covered then.
- The Real Estate Warranty is an ideal complement to buildings insurance.
