On January 3rd, news from the Qinghai Financial Regulatory Bureau indicates that the bureau is promoting a pilot program for insurance against potential defects in residential construction quality. They collaborated with the Qinghai Provincial Housing and Urban-Rural Development Department to issue a notice regarding the implementation of this pilot program in Xining City and Haidong City. The goal is to guide insurance companies to establish efficient and convenient claims processes that fully protect the rights of homeowners, actively participating in engineering quality risk prevention and management services, providing risk protection for residential construction projects that complete construction permit procedures, and for supporting buildings that ensure the functional use of residences within the same property management area. This initiative aims to enhance the quality of residential construction through social insurance mechanisms and effectively safeguard the legal rights of building owners.