All Construction and Public Liability insurance policies are NOT the same because the owner builder market is small, most insurers issue a builders policy covering under ground works,piling,maintenance etc, which you cannot claim, but which you pay for, because it is too costly to have a specific owner builder policy–ours is for the owner builder! You!
Here’s what makes us different.
$5,000 tools cover
Whether it’s hired equipment, or your own personal tools insurance you need to keep building,we can cover hand tools, power tools and plant equipment against loss, damage or theft.
$50,000 materials stored off site
We will cover you for insured damage to procured materials that are intended for use in the construction works that are stored off site but within the Territorial Limits for a period of 90 days. E.g. Tiles, stove, solar panels etc
Sub-contractors are not excluded
You should always check that your sub-contractors are properly licenced and hold up-to-date public liability cover, but in the event you have legal action taken against you, as the result of the sub-contractors actions, our policy would protect the Owner Builder.
You pay excess on all claims that you make. There are various types of excesses that may apply. Major perils, Minor perils, Existing structure excess and even burglary/theft excess. See our key facts for more information
Worker to worker liability cover
Protects you, the Owner Builder where contractors or tradespersons are injured onsite.Normally this would be claimed under their work cover. But in the case where they take legal action against the Owner Builder for being in breach of their duty of care, this protects you and the insurer can then recover a portion of the compensation from those that are found at fault.
Contents cover – if renovating
We will give you the option to cover yourself for up to $100,000 of existing structure contents,if you’re living on the site while renovating.
Policy extendable up to 24 months
Often projects run over time and as this can be quite a stressful time, we offer peace of mind. In 3 month or 6 month increments, you can extend your policy to keep you covered while you finish your home and/or renovations.
Plus: We cover FLOOD and COMMENCED WORKS
Weakening or removal of support. In the event that you cause damage to your neighbour’s property. Our policy covers you for third party property damage.
Not just any riverine flood but any water escaping from a lake, river, creek, natural watercourse (Even old creeks that may be a road, gutter, or reserve now) canal, dam, reservoir and we cover All Queensland.
Where the works have already started, and you have forgotten to take out the policy, we classify commence works to be past subfloor or after slab stage. We can help you.