Ten-year Foreign Company Insurance
If your company is registered in the European Economic Area, we have ten-year civil liability solutions to offer you for your activities on French territory. Activ'Assurances is now able to provide you with ten-year insurance which provides you with all the ten-year guarantees necessary for your activities in France, combining flexibility and economy.
Ten-year Civil Liability Insurance for Foreign Companies
The French public authorities wanted to provide the owner of a public or private work with a guarantee against damage which could appear after the construction and delivery of a construction site. This guarantee is issued for a period of ten years. On French territory, the civil liability of a foreign manufacturer or a foreign construction company is subject to the same obligations on French territory. The foreign company working on French soil must comply with the subscription of ten-year civil liability insurance governed by articles 1792 and 1792-2 of the Civil Code. Since January 4, 1978, the articles of the Spineta law have established the notion of “presumption of liability for an incompressible period of ten years” for builders and lessors of French structures.
Insurance solutions for all European companies
Thanks to the diversity of our Construction Insurance partners, Activ'Assurances can provide you with a viable solution for your construction sites in France. However, there are certain conditions to be able to benefit from these guarantees:
- Be a Company registered in the European Economic Area
- Be regularly insured in your country of origin for Civil Liability activities in France
- Ten-year Foreign Company liability insurance must be taken out before the start of work in France.
On this basis, we can offer you:
- A piecemeal and site-by-site contract for your activities in France
- An annual contract with tacit renewal if your activities in France become regular.
What will be the cost of Ten-Year Foreign Company Liability Insurance?
Pricing will depend on several parameters: Number of projects to be carried out in France?
Nature of the risk to be insured? Company turnover in France? Contact us for more information. When your activities become regular in France, it is then in the best interest of companies to choose annual insurance with automatic renewal instead of site-by-site insurance. On an economic level, the number of construction sites carried out will automatically have an upward influence on the cost of construction site insurance per site. The greater the number of projects, the greater the attractiveness of an annual contract.