Title IV: Construction insurance

Any insurance undertaking which continues to refuse to underwrite a risk for which the premium has been set by the Bureau Central de Tarification shall be deemed no longer to be operating in accordance with the regulations in force and shall be liable to the withdrawal of the administrative authorisation provided for in Article L. 321-1 of this Code.

The provisions of article L. 113-16 and of the second paragraph of article L. 121-10 of this Code do not apply to the compulsory insurance provided for in this Title. Victims of loss or damage covered by law no. 78-12 of 4 January 1978 may take direct action against the insurer of the person responsible for such loss or damage if the latter is in receivership or liquidation.

Any insurance contract taken out by a person subject to compulsory insurance under this Title shall, notwithstanding any clause to the contrary, be deemed to include cover at least equivalent to that set out in the standard clauses provided for in Article L. 310-7 of this Code.

Insurance contracts taken out by persons subject to compulsory liability or damage insurance under this Title may, for building work intended for use other than as a dwelling, include ceilings on cover. A decree issued by the Conseil d’Etat sets the conditions under which the guarantee amounts may be capped, depending in particular on the value of the works, their nature or purpose, the status of the client and builder…