Browse Forums General Discussion Re: builders home warranty insurance 11Jan 10, 2008 1:54 pm DeeElle Our builders insurance is about 240,000 less than the contract price. I think you should make sure that the builder gets the policy amended. If anything was to go wrong during the build, my understanding is, you would be responsibile for the difference. Cheers Hi Suku18 In NSW the statutory required insurances are: 1. HBCF ( Home Building Compensation Fund) - This is if the builder dies or goes broke. But this only covers 20%… 1 2712 Hi there, long-time lurker but first time posting. I've bought a house 2 and a bit years ago and last year we had some major water damage on a converted pergola area… 0 7932 I apologise for any confusion, but your understanding is correct. We approached our situation differently based on advice from… 11 53222 |