construction insurance key facts

Construction Insurance Owner Builder

It can be very confusing when seeking out which insurance should I buy to protect my Owner builder project? A lot of noise out there to confuse you, from underhanded claims of experience to fudging what is actually covered. So, after 30 years’ experience in helping Owner Builders to successfully build their projects, we have compiled these KEY FACTS questions. …

Home renovations home and contents

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 …

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 …

BuildSafe Top 3 Tips Building During the Session

Here are BuildSafe’s three tips to give you peace of mind before the holiday period: Bushfires: If you are planning to start on your project over the Christmas holidays – ARE YOU INSURED?Insurer have generally a 7-14 day cooling off period when issuing a policy in fire season – that means you have NO cover for the first 7-14 days …

Construction and public liability insurance

Pick the right provider – Construction Insurance!

Selecting a company to supply you owner builder construction and public liability 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 …

why owner build

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 …

insurance contracts

Building Contracts Important Things to Watch For!

A lesson for homeowners & owner builders 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 …

Owner Builder Study Guide and Insurance

Defective Imported Building Products

What to watch for when building your home, read on! The increasing prevalence of leaky, toxic and downright dangerous buildings has put defective building products in the spotlight in Australia and New Zealand recently. Below-standard plasterboard, inflammable exterior cladding material, and problems with structural steel prone to failure are all creating liability concerns across the region. In Australia’s regions of …

Owner Builder Study Guide and Insurance

Dodgy Building Materials

Owner Builders need to be aware when purchasing building products that non conforming products brings new responsibilities, especially if they import the product directly. The expectation that this legislation will extend to all states soon. Participants involved in the supply chain and installation of building products will soon face increased accountability and disciplinary action for the use of unsafe or …

What is Underinsurance and how could it effect you as an Owner Builder?

Owner Building is a fabulous way to improve family finances, by investing in your home without paying the 30+% Builders margin, it will set you up for future financial independence. This is not to say building your own home is easy, but depending on how you go about it, if you have experience or you use a project manager will …