What Insurance Does a Property Owner Need in Thurgau?

What insurance does a property owner need in Thurgau? Learn which construction insurance policies are important for new builds, renovations, and refurbishments – from builder’s liability insurance to construction all-risk insurance.

Introduction

Anyone planning a construction project in the canton of Thurgau – whether a new build, renovation, or refurbishment – should arrange the right insurance coverage at an early stage. Construction sites can quickly lead to unexpected damage: accidents involving pedestrians, damage to neighbouring properties, or weather-related issues during the structural phase.

The right construction insurance protects property owners from major financial risks and is sometimes even legally required or requested by banks. In this article, you will learn which insurance policies are truly important when building or renovating a house in Thurgau.

1. Builder’s Liability Insurance – Essential for Every Construction Site

Builder’s liability insurance is one of the most important insurance policies for property owners in Thurgau. In many municipalities, it is already required as part of the building permit process.

This insurance protects the property owner against compensation claims if third parties are harmed by the construction site, for example:

Especially in densely built residential areas, a single incident can quickly lead to substantial costs.

In conclusion

Builder’s liability insurance should always be arranged before construction work begins.

2. Construction All-Risk Insurance – Protection for New Builds and Renovations

Die Bauwesenversicherung – auch Bauleistungsversicherung genannt – deckt unvorhergesehene Schäden am Bauwerk während der Bauzeit.

Typical covered risks include:

For larger construction projects, banks often require this insurance as a condition for financing.

In conclusion

Highly recommended for new buildings, renovations, and major refurbishments projects.

3. Building Insurance in Thurgau (KGT)

In Thurgau, the cantonal building insurance authority is responsible for fire and natural hazard coverage.

Insured events include:

As soon as a building reaches an insurable stage – for example after completion of the shell structure – it is registered with the cantonal building insurance.

In conclusion

Building insurance against fire and natural hazards is mandatory in Thurgau.

4. Accident Insurance for Employed Workers

If a property owner employs workers or temporary helpers directly, accident insurance in accordance with Swiss UVG regulations is mandatory.

This insurance covers:

Without appropriate insurance coverage, the property owner may be held personally liable.

In conclusion

Mandatory when employing workers or construction helpers directly.

5. Construction Helper Accident Insurance for Friends and Family

Many property owners receive support from friends, relatives, or acquaintances during construction work. However, these helpers are not automatically insured on the construction site.

Construction helper accident insurance protects voluntary helpers in cases of:

This type of insurance is especially useful for DIY work and personal contributions.

In conclusion

Strongly recommended when family members or friends actively help on the construction site.

6. Legal Protection Insurance for Property Owners

Construction projects can involve disputes with contractors, neighbours, or authorities.

Legal protection insurance for property owners typically covers:

Typical disputes include:

In conclusion

A valuable addition, particularly for larger or more complex construction projects.

7. Insurance Coverage for Club Activities and Volunteer Helpers

During renovation or refurbishment projects, clubs or volunteer groups sometimes assist with demolition, dismantling, or renovation work.

Important to know:

Additional recommended coverage includes:

In conclusion

Volunteer helpers should always have adequate insurance coverage, especially for physically demanding or hazardous work.

8. Insurance Coverage for Construction Delays and Loss of Rental Income

Construction delays can lead to significant additional costs, including:

Important: Pure scheduling delays without insured damage are generally not insurable.

Coverage only applies if the delay results from an insured event, such as:

Possible additional coverages include:

Rental Loss Insurance

Covers loss of rental income following insured damage.

Construction All-Risk Insurance with Additional Coverage

Covers extra costs caused by delays resulting from insured events.

Contractual Protection

For organisational problems, only clear construction contracts, deadlines, and penalty clauses will help.

In conclusion

Standard construction insurance does not cover ordinary project delays. Extra costs incurred are only reimbursed when the delay is caused by an insured loss.

Conclusion: Which Insurance Policies Are Most Important for Property Owners in Thurgau?

Anyone building or renovating in Thurgau should organise the appropriate insurance coverage at an early stage. The most important policies include:

Well-structured insurance coverage not only protects against financial risks but also provides greater peace of mind throughout the entire construction process.

Summary of Required Construction Insurance

InsuranceMandatory in ThurgauPurpose
Builder’s Liability InsuranceProtection against third-party damage
construction all-risk insuranceProtection against damage to the building
Cantonal Building Insurance - KGT Fire & Natural Hazard InsuranceProtection against fire and natural events
Accident Insurance (UVG)
if employing staff
Protection for employees
Construction Helper Accident InsuranceProtection for voluntary helpers
Legal Protection Insurance for Property OwnersProtection in legal disputes
Association Accident Insurance (for volunteer club work)Protection for volunteer club members
Construction Delay / Loss of Income Add-OnCoverage for financial losses after insured damage