The 1 year home builder warranty is a workmanship warranty provides surety coverage from the day of closing. It clearly defined construction standards for defects in material and workmanship for the first year.
The 10 year insurance-backed structural warranty provides 10 full years of coverage for qualified structural defects form the day of closing. It protects designated load-bearing elements of the home caused by failure that affects their load-bearing function to the extent that the home becomes unsafe, unsanitary or otherwise unlivable.
What Load-Bearing Components Are Covered?
Structural supports for floor systems, including joists and bridging.
Please refer to the New Home Warranty for specific structural coverage and exclusions.