Why Owner Builder’s Latent Defects Insurance is vital!

If you used a builder to build your home and a structural defect arouse e.g. roof sags, you could be waiting for over 3 years for the builder to fix the problem. Luckily for you, you have owner built, so if a structural defect surfaces. E.g. · Waterproofing failure, causing floor and timber rot and warping · Roof, not adequately …

How to Effectively Resolve Building Disputes

A building disputes can be a stressful event for both the builder and homeowner. When it gets worse, it could be emotionally and financially draining for both parties. Solving your building disputes effectively will prevent your problem from escalating to a worst-case scenario. The sooner you get the solve your dispute, the faster it takes to resume construction or get …

Illegal building works can be costly!

One of the great fallacies of the building industry is that when you are doing ‘maintenance’ or adding on a deck or changing a window to a door etc (a) you don’t need a permit and (b) you are a renovator. Firstly, you need to check with a local Building Surveyor to see if you do need a building permit …

Public Liability Insurance

Is Owner Builder Insurance a grudge purchase? – Part 2

Following on from Part 1, outlined below are more questions you need to be comfortable with prior to purchasing a policy. If you are renovating… Thinking your Home and Contents insurer will cover you when renovating. Most home and contents policies limit or exclude cover when a homeowner undertakes a renovation. In all circumstances you must check with your home …

Public Liability Insurance

Don’t fear Owner Builder Public Liability Insurance – Part 1

Don’t fear Public Liability Insurance, just make sure you are prepared! As an Owner Builder about to commence your new home or renovation and concerned about costs and where in the building process you can save money. Do NOT save money on Public Liability Insurance. Owner Builder Insurance is to protect you and your family from an event that “It …

Fire

Fire into Bushfires…Be Prepared this season

Fire into Bushfires! In our series on Fire and the precautions required now that summer has arrived. This great article on Bushfire Preparedness by Zurich Insurance highlights. Don’t forget, if you are Owner Building, renovating, extending that you have Construction & Public Liability Insurance in place, make sure you are covered now – Click here Protect your Home & Investment! …

Home Renovation - cracks

Home Renovating Insurance – Don’t Chance It!

Home Renovation Insurance is becoming more and more popular. Now that home prices are coming down, people are more reluctant to sell so instead of moving they are more inclined to renovate, especially where the home may be over 30 years old, tired and need of a makeover. As the homeowner, you can get very excited in the redesign of …

Owner Builder Study Guide and Insurance

Owner Builders study guide to successful building

Owner Builder’s study guide to successful building! Certificate of Consent! Owner Building is the way to save money when building a new home or renovation. Be prepared, understand your responsibilities, invest the time and money and you will make it a success. The Certificate of Consent program is there to help Owner Builders to successfully navigate the building process. A …

owner builder insurance

Owner Builder Insurance Policy – Part 3

Part 3 Owner Builder Insurance Policy, this is the final part of our series explaining what you (Owner Builder) need to understand. Read carefully the Product Disclosure Statement (PDS) compare and assess policies based on the standard of cover that will protect you and your family in the event of a claim. Under Insurance, escalation and increased cost of working …

Owner Builder Study Guide and Insurance

Owner Builder Insurance Policy – Part 2

Part 2 explaining Owner Builder Insurance Policies. Our theme of Check, Check, Check before you buy, to make the wrong decision could cost you and your family hundreds of thousands of dollars in the event of a claim. Are sub-contractors covered? As an Owner Builder all you want to ensure is that if any of your sub-contractors is sued and …