The Uninsured Handyman: A risky venture that’s not worth the gamble

If you turn on the telly these days, it’s plain to see that DIY home improvements are all the rage across Australia. But contrary to what reality shows would have you believe, not everyone is born with natural do-it-yourself abilities. In fact, some homeowners would just as soon attempt brain surgery before picking up a circular saw! Remember Frank Spencer? …

What is Construction Insurance & What Does it Cover?

Article by Insurance and Risk Construction insurance is a complex beast, capable of rocking the foundations of myriad projects, whether it’s run by an owner/builder, SME or multi-million dollar company. But with knowledge comes power – brokers who take the time to study the fine print will be well positioned to reap the rewards from this burgeoning segment. THE DEVIL’S …

Who owns the copyright to your plans? Know where you stand!

If you are owner building or using a builder please be aware of the following: Author: Jacqui Rigby-King If a person commissions an architect or a builder to draw architectural plans for them in accordance with their own “mud map” designs, and even if there is not much additional design input into the drawing of the architectural plans, the architect or …

3 Vital questions you MUST ask your builder before renovating!

Its great, you are about to start, the renovation is going to look great, BUT…….. Is your home insured? Sure, the builder has insurance & you have home and contents insurance BUT are you insured while the renovation is being built? These are the questions you must ask your builder – Have you insured the renovation? Have you insured my …

When cheap is expensive!

When buying Owner Builder Insurance Everyone wants the cheapest price but in assuming all Owner Builder policies are the same will cost the Owner Builder in the event of a claim. And why else do you buy insurance – so in the event of a claim you will be compensated? Underwriter statistics show that (50%) of all Owner Builder claims …

Leaks, water damage can be major cost for apartment owners

Property Observer – Robert Caulfield Water leaks and water damage have been highlighted as a common and major maintenance issue for apartment buyers and owners, which can cost thousands of dollars to repair. Faulty workmanship, poor design or poor quality materials and ageing are the major factors in apartments or high rise buildings developing water leaks. Water leaks are one …

Who is responsible for insurance for Pre-existing property during House Renovation and Extension Building works

Article by Reef Coast Construction Just whose responsibility is it, to arrange insurance cover for pre-existing buildings and their contents, during House Renovation and Extension Building works? This is a question regularly posed by both builders and property owners alike and the answer is really quite simple; It is the responsibility of the property owner to effect and maintain insurance …

Safety – The Don’ts!

Article by Brightside We’ve put together a selection of 24 photographs which show that there is a kind of resourcefulness that only men seem to display. Women shouldn’t be jealous of this, however, for as you can see, it’s often characterised by a complete absence of the instinct for self-preservation. What would we do without these guys?   So, this …

Protection of adjoining properties

Article: Victoria Building Authority What have we found? The VBA’s Proactive Inspections Program has identified sites where excavation work has been completed without the required protection measures in place to protect adjoining properties from the effects of unstable site cuts, such as retaining walls/site batters. In many instances, these situations are identified a few months into the building process. Remember, …

Cladding!

Article from Insurance and Risk Insurance brokers have been warned that non-compliant, highly flammable cladding appears to have been used in buildings around the country – not just Victoria. The Victorian Building Authority last week revealed that of the 170 buildings audited as part of the their investigation, which was prompted by the Docklands Lacrosse apartment fire of November 2014, 51% were found to …