Owner Builder Warranty Insurance NSW >>>

Owner Builder Warranty Insurance NSW

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Owner Builder Home Warranty Insurance is available in NSW when an Owner Builder sells their home.


Residential Owner Builders Home Warranty Insurance protects the home purchaser and subsequent home purchaser from prescribed defective workmanship in the event that the owner builder dies, disappears or becomes insolvent during the Home Warranty period.

What’s included in the Policy:

  • Owner Builder Warranty covers the purchaser, or any subsequent purchaser, of the property for the balance
    of the 6 year period after the final or occupancy certificate was issued if the owner builder dies, disappears or becomes insolvent, however defects, incomplete works or second hand materials noted in the Defects Inspection Report are exempt.

Why Choose BuildSafe?

  • Best price for your home
  • Avoid discounting your sale price because there is no warranty insurance
  • You or your clients will benefit from the most comprehensive & exclusive policy on the market today
  • Quick turnaround. Paperwork is processed quickly and efficiently as our service includes urgent response facilities, i.e – we are able to issue the insurance policy by email.
  • Expert Knowledge. Providing particular help for those with complex cases
  • Less stress and Hassle. Our underwriting and service support package provides you with peace of mind, easy policy completion and follow up support and advice.
  • Our experience. BuildSafe and our sister company Australian Owner Builders have been helping owner builders for the past 30 years. We have the proven track record and know all the pitfalls and their solutions
Remember…

Before we can issue you with a policy we require the following:

  • Identification e.g drivers licence
  • Inspection/defects report – from an approved inspector with P.I insurance
  • Completed and signed proposal form
  • Development Approval or Building Permit
  • Copy of the Certificate of Occupancy or Final Notice of Completion
  • Payment: Money Order, Bank Cheque or Credit Card Details

Please ask about our Turnaround time options available to you:

  • Standard Turnaround– 24 hours
  • Express Service– 4 hours
  • Super Express Service – 1 hour (subject to satisfactory receipt of Application and supporting documents)

Let BuildSafe Insurance Brokers arrange Home Warranty, while you stay focussed on selling your home for the very best price!

FAQs

Got a Question about Owner Builder Home Warranty Insurance? We’ve got the Answer!


To maximize the price you will receive when selling your property, builders offer warranty on the homes they build, now you can give comfort to your purchaser, that they have warranty insurance when buying your property.
To protect purchasers from any work done by the owner builder that is defective.

  • A warranty that the work will be performed in a proper and workmanlike manner and in accordance with the plans and specifications set out in the contract.
  • A warranty that all materials supplied by the holder or person will be good and suitable for the purpose for which they are used and that, unless otherwise stated in the contract, those materials will be new.
  • A warranty that the work will be done in accordance with, and will comply with,the building regulations.
  • A warranty that, if the work consists of the construction of a dwelling, the making of alterations or additions to a dwelling or the repairing or renovation, the work will result, to the extent of the work conducted, in a dwelling that is reasonably fit for occupation as a dwelling.
Owner Builder Warranty covers the purchaser, or any subsequent purchaser, of the property for the balance of the 6 year period after the final or occupancy certificate was issued if the owner builder dies, disappears or becomes insolvent, however defects, incomplete works or second hand materials noted in the Defects Inspection Report are exempt.

  • Owner builders require a defects inspection report prior to the sale of their home on which owner builder works have taken place.
  • The report must be from a qualified expert such as a building consultant/inspector, building surveyor, architect or engineer who must have a valid professional indemnity policy in place at the time of signing the report and who authorises the report being made available to third parties.
  • All defects, incomplete works, inaccessible areas and second hand materials should be described covering the dwelling/s as well as outbuilding, pergolas, landscaping, pool etc.
This includes any new home, renovation/ alteration/ extension, improvements and repairs to the home, garages, carports, sheds and pools.
Practical completion is either the date of the Occupancy Permit or 18 months after the issue of the owner builder permit.

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