Owner Builder Home Indemnity or Warranty Insurance is required in several states of Australia including Western Australia & Victoria. It is required when you as an owner builder sells your property within the Statutory Indemnity period as specified under the Building Act in your state or territory.
In the case of the death, disappearance or insolvency of the Owner Builder the policy will cover all new purchasers of the home for structural defects as per the Building Act until the Statutory Indemnity period ends.
Should you require this cover please complete the attached quick quote request or otherwise please do not hesitate to contact Competitive Insurance Solutions to discuss it further.
Please refer to the Policy Disclosure Statement to ensure the cover is right for you before making the decision to proceed with the Insurance.