Your shell structure is safe from fire
Secure your construction project optimally with the shell fire insurance from nextsure. Comprehensive protection against fire, lightning strikes, and explosions throughout the entire construction phase. Get informed and complete it digitally now!
Protection before construction begins
Covers fire damage
Digitally lockable
Why structural fire insurance is indispensable for builders
Financial Security in Case of Total Loss
Protection from Unforeseeable Fire Risks
Often a prerequisite for construction loans
Peace of mind guaranteed in construction progress
Core benefits of structural fire insurance: What is covered?
A shell fire insurance provides essential protection for your construction project against specific risks. Essentially, it covers damage caused by fire, direct lightning strikes, as well as explosions or implosions to the shell structure. This includes the building under construction itself, firmly attached components, and potentially building materials stored on-site intended for construction. Pay attention to the precise coverage of your policy, especially regarding consequential damage such as water used for firefighting, smoke, and soot. nextsure ensures transparent conditions so that you know exactly what protection is in place for your shell structure, allowing you to focus on what really matters: realising your dream home.
Comprehensive protection for builders
Overview of Structural Fire Insurance Benefits
Fire protection
Coverage for damages caused by fire, arson, and controlled fires.
Lightning strike
Protection against direct lightning strikes and surge damage to the shell structure.
Explosion
Coverage for damage caused by explosions and implosions.
Fire water damage
Coverage for consequential damages due to necessary firefighting operations.
Clearing costs
Reimbursement of costs for demolition, cleanup work, and debris removal.
Building materials
Insurance coverage for building materials stored on the construction site.
Digital Policy
Quick online completion and digital contract management at nextsure.
Instant Protection
Insurance coverage from the start of construction or by individual arrangement.
Transitional protection
Seamless transition to the residential building insurance possible after completion.
Discover how nextsure secures your construction project.
Optimal protection for the shell structure?
Calculate your rate now!
Cost factors: How much does a shell fire insurance cost?
The cost of a shell construction fire insurance is variable and depends on several factors. Primarily, the insurance sum is determined, which usually aligns with the pure construction costs. Additional price-forming aspects include the type of construction (solid construction or wood construction), the location of the construction project (risk zone), the planned construction period, and the chosen scope of services, including any deductibles. The type of building materials can also play a role. At nextsure, you benefit from transparent contribution structuring and the option to calculate your rate digitally and adjust it to your individual needs, to achieve an optimal price-performance ratio for your shell construction insurance.
The right time: When to take out shell fire insurance?
The ideal time to take out structural fire insurance is before the official start of construction – that is, before the first spade hits the ground or the foundation work begins. As soon as building materials are stored on the site or initial construction activities commence, a risk already exists. Many financial institutions also require proof of such insurance as a condition for the disbursement of a construction loan. By securing this insurance early, you ensure that your construction project is protected from the outset and that you meet the requirements of your construction financing. With nextsure, you can easily and quickly take out your structural fire insurance online, ensuring you are well prepared.
Difference: Shell Fire Insurance vs. Home Building Insurance
The builder's fire insurance and the residential building insurance protect your property, albeit at different times and with slightly different focuses. The builder's fire insurance is a temporary policy specifically designed for the construction phase, primarily covering damage caused by fire, lightning, and explosion to the unfinished building. Once the house is ready for occupancy, its coverage ends. At this point, the residential building insurance takes over, providing permanent protection for the finished building against a wider range of risks such as fire, water leaks, storms, and hail. Often, the builder's fire insurance can seamlessly transition into a full residential building insurance policy upon completion and acceptance of construction, sometimes even free of charge for the remaining term.
Claim in shell construction: The most important steps for settlement
If a covered damage occurs to your shell construction, quick and correct action is crucial for smooth processing. Report the damage immediately to your insurer – with nextsure, this can be done easily digitally. Document the damage comprehensively with photos or videos and create a list of the damaged parts and estimated costs. Take measures to mitigate the damage, provided this can be done without endangering yourself (e.g., covering damaged areas). Wait with repair work until you receive approval from the insurer or an expert, except for emergency repairs to prevent further damage. Transparent communication and complete documentation significantly accelerate the process.
Clients-
Liability Insurance
Construction performance-
Insurance
Residential building-
Insurance
Additional components: Meaningful additions to the structural fire insurance
Although the structural fire insurance provides basic protection, further risks can arise during the construction phase. Therefore, adding liability insurance for building owners and construction all risk insurance is often sensible. The liability insurance for building owners protects you against legal liability claims from third parties if they suffer harm on your construction site. The construction all risk insurance (also known as construction insurance) covers unforeseen damage to the structure itself, such as damage caused by vandalism, theft of fixed parts, construction or material defects, unusual weather conditions (excluding fire), or negligence by construction workers. A combination of these insurances offers comprehensive protection for your construction project.
Selection Criteria: How to Find the Best Shell Construction Fire Insurance
When choosing the right structural fire insurance, you should consider several criteria to ensure optimal protection. Carefully examine the scope of coverage: Are all relevant hazards (fire, lightning, explosion) included? Is the sum insured adequate and does it correspond to the actual building costs? Pay attention to the amount of any possible deductible and whether it is acceptable to you. Compare the terms regarding consequential damage or cleaning up costs. The provider's service, especially accessibility and digital processing in the event of a claim, is also an important aspect. nextsure offers you transparent tariffs and a modern, digital service for your structural insurance.
The role of shell construction fire insurance in construction financing
The structural fire insurance plays a crucial role in construction financing. For most banks and credit institutions, proof of such insurance is a mandatory requirement for the disbursement of the construction loan. The reason for this is straightforward: the house under construction serves the bank as collateral for the granted loan. Serious damage, for example from a fire, could significantly reduce or even nullify the value of this collateral. The structural fire insurance thus protects not only you as a builder from financial ruin but also the bank from the loss of its loan security. Therefore, ensure you arrange this important protection at an early stage.
Is a structural fire insurance legally required?
As your digital-first insurance portal, nextsure offers you a modern and straightforward shell fire insurance. We understand the needs of digitally savvy builders and families who seek tailored and easy-to-understand solutions. Benefit from our fully digitalised completion process, transparent rates, and the ability to manage your insurance conveniently online. Our SEO-optimised content and expert advice ensure you receive all the necessary information to make the right decision for protecting your construction project. Trust nextsure for your shell fire insurance – secure, fast, and digital.
