What Insurance do I need when Renovating?

The T.V Shows on renovating gives the impression that anyone can do it successfully, but the one thing that is NOT mentioned is Insurance. A recent article by Allianz Australia highlights the fact that if you DIY, owner build or use a Registered Builder you need to have the correct Insurance in place to protect your biggest investment – Your …

Adjoining Property Protection

Adjoining Property Protection. As everyone is becoming more risk adverse, building surveyors are requiring owner builders to provide an insurance policy verifying protection of neighbour’s property. If building work is close to, or adjacent to adjoining property boundaries, then an owner may be required to carry out protection work in respect of that adjoining property. This is to ensure that …

Home and Contents policy cover when renovating/extending!

Home and Contents Insurance is designed to cover an existing home against damage, loss or burglary. It is not designed as construction insurance. Home and contents insurance policies will, usually, cover the homeowner for a limited amount of renovation work. If the value of the work is over $20,000 (what a builder would estimate the job value) then you won’t …

Owner Builder Protection Works

Do I need Adjoining Property protection? Is that the same as vibration removal and weakening of support? No! Let us explain- Adjoining Property Protection. As everyone is becoming more risk adverse, building surveyors are requiring owner builders to provide an insurance policy verifying protection of neighbour’s property. If building work is close to, or adjacent to adjoining property boundaries, then …

Best Owner Builder Insurance

What does that mean? If you are buying Owner Builder Construction & Public Liability Insurance. By 30 year Industry expert Phil Graf. Well, it can mean a number of things, cheapest price, best value for money, more benefits than any other policy. So the answer to the question, what is the ‘best owner Builder policy’ will depend on what you …

Choose the right provider for Owner Builder Construction Insurance!

Selecting a company to supply you owner builder insurance is an important decision with heavy costs in time and money if you make the wrong choice. Before you select a company and insurer, make sure they can answer YES to these critical questions. Are your sub-contractors not excluded? Is the policy extendable up to 24 months? Do they have $20,000 in …

Why wouldn’t you Owner Build?

After reading this article about the ‘tricks’ builders are getting to why wouldn’t you owner build. Appoint a Project Manager and save the builders margin. Dodgy building materials Owner Builders need to be aware when purchasing building products in Qld that non confirming products brings new responsibilities, especially if they import the product directly. The expectations that this legislation will …

Building Contracts Important Things to Watch For!

A lesson for homeowners & ownerbuilders to check all contracts & sign off on variations.Plus check to see if the builder has Renovaters Home & Contents insurance to protect your existing home,renovation ,contents & public liability. If you are about to enter into, or have already entered into, a building contract in relation to a residential building, there are some …