Spring is busy for builders looking to make their mark. One of the most important things builders can do to make their mark is protect their work against unexpected defects. And there’s no better time to enroll in industry-leading structural warranty coverage administered by 2-10 Home Buyers Warranty (2-10 HBW) than now, during the Start Fresh Event. Here’s why.
Protect your profit on every build, including Build to Rent
The average structural defect costs between $75,000 and $125,000 per claim. A 2-10 HBW Structural Warranty can help your protect your profit on every build.
With an industry-leading 2-10 HBW Structural Warranty, you can transfer the financial risks of covered defects away from your company. This can greatly reduce your financial responsibilities.
Even the best builders are vulnerable to structural defects, since 80% of structural defects are caused by soil movement. Likewise, even the best builders can face disputes from home buyers. These risks may seem out of your control.
But by joining 2-10 HBW’s warranty program as a Builder Member, you can more effectively address them.
Plus, 2-10 HBW offers Build to Rent coverage and expertise to help you capitalize even more on the market.
Promote your quality
Buyers want third-party validation that a builder does quality work. Third-party validation can show your clients that you keep promises, commit to quality, and are trustworthy.
With a 2-10 HBW Structural Warranty, you provide even more proof to buyers about how dedicated you are to quality.
Buyers value two things when it comes to new construction.
- Clear expectations
- Solutions to major problems when it comes to owning a home
A 2-10 HBW Structural Warranty provides easy-to-understand performance standards that set expectations, along with a solution to major problems. Because if something goes wrong with a covered aspect in the structure of a home you build, the industry leader has your back and can make things right.
Plan for the future by controlling what’s behind you
Building houses comes with long-tail risks, thanks in part to Statutes of Repose. Whether you’re a volume builder, specialty builder, or otherwise, you’re responsible for addressing structural defects for a certain period of time in your state.
The high costs of structural defects coupled with these Statutes of Repose mean that each house you build carries financial risks for the future.
Thankfully, with a 2-10 HBW Structural Warranty, you can move into the future with fewer financial worries about the past. That’s because 2-10 HBW’s Structural Warranty can offer coverage for the appropriate time frame for your state’s Statute of Repose.
Additionally, 2-10 HBW can help builders personalize and enhance coverage. So, if you need help with Warranty Administration, you can get it. If you need a shorter coverage time frame, you can get it. And if you want to provide even more protection for your buyers, such as protection for their home’s systems and appliances, you can get it at 2-10 HBW.
Start fresh with 2-10 HBW
Our Builder Members take solace and pride in the exceptional protection 2-10 HBW provides to them and their buyers. It’s why so many enroll all of their homes in 2-10 HBW’s incredible warranty program.
With demand high and your ambitions awakening, a 2-10 HBW Structural Warranty is the perfect way to start fresh and get a head-start on protecting your profit, promoting your quality, and planning for the future by controlling what’s behind you.
Learn how you can protect your business and add valuable selling points to your new builds with a 2-10 HBW Structural Warranty.