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Bonded Builders serves the
building industry and the nation's homeowners. They
offer a wide range of home warranties, property insurance
and employee service products throughout the nation.
Bonded Builders Warranty Group
offers builders’ warranties on new site and systems built
homes and condominiums, modular, panelized, log and concrete
formed homes, remodeling warranties, appliance warranties
and warranties covering mold and water intrusion.
Bonded Builders Limited Warranty
Workmanship, Materials and System
Defects
During the warranty period on your new home, the builder
assures, and we (Bonded Builders) warrant,
that the home will be free from: Defects in the materials or
workmanship as defined in the Construction Performance
Standards. This does not include defects in appliances,
fixtures and equipment, which are not covered in this
warranty. Defects in the electrical, plumbing and mechanical
systems as defined in the Construction Performance
Standards, including wiring, piping and ductwork of those
systems. If defects in any of these systems result from
failure of an appliance, fixture or equipment that is
covered by a manufacturer’s warranty, those defects are not
covered by this warranty. Refer to the warranty for coverage
exclusions.
Major Structural Defects
The warranty provides coverage for “major structural
defects” that occur during the term of the warranty. A
“major structural defect” is defined as actual physical
damage to load-bearing portions of the home. This damage
must affect the load-bearing function to the extent that the
home becomes unsafe, unsanitary or otherwise unlivable. The
repair will include only the steps necessary to ensure that
the home is restored to its approximate condition just prior
to the defect, not “like new” condition. Repair to the
load-bearing portions of the home to restore load-bearing
ability. Subject to the limits provided in the warranty, we
will a) repair or replace a covered major structural defect
or b) pay the homeowner the reasonable actual cost of repair
or replacement. Repair of the major structural defect is
limited to: Repair to the load-bearing portions that make
the home unsafe, unsanitary or otherwise unlivable.
Bonded Builders is responsible to you, the
homeowner, for total liability of all major structural
defects arising during the term of the warranty. Liability
is limited to the amount of coverage provided under the
warranty and will not exceed the original purchase price of
the home. Repair and/or replacement do not affect the term
of the warranty. Refer to the warranty for coverage
exclusions.
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