Browse Forums General Discussion 1 May 18, 2011 9:35 am We received copy of our builders warranty insurance when we signed our contract. The insurance date has an issue date of 28/10/10 We are only about to commence building and have an 8 month build time (double storey house) so probably won't be finished til next Feb-march taking christmas into consideration. When does the insurance expire - is it only a 1 year policy & if so, do the builders have to take out another policy or do we? Re: Home Warranty Insurance - exiring before build is finish 2May 18, 2011 12:59 pm The builder must have current insurance for any building works and if it lapses they will just buy more. I thought this would be a popular question but I haven't been able to find any similar posts. Perhaps I'm wording my searches wrong? When you have car insurance and the… 0 6553 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 2666 interesting situation what happened after builder issued final invoice? did you list as defect or not does the building surveyor have any responsibility? ie. issuing… 13 46800 |