Browse Forums Building A New House 1 Apr 20, 2009 8:00 pm Hi All, With all the builders going bust I was wondering if anyone knows of insurance you can take out while you house is getting built to protect us if our builder goes under? I have had a look on AAMI and NRMA and they don't have anything. I was wondering if anyone knows of companies who do this? Thanks Re: Building Insurance 2Apr 20, 2009 8:31 pm Our builder (porter davis) provides insurance to their clients through a third party. I got the policy details in the mail before our build started. I can dig it out later of you'd like more details? Blog: http://bluemistkids.blogspot.com "Never be afraid to try something new. Remember, amateurs built the ark, and professionals built the Titanic." Re: Building Insurance 3Apr 20, 2009 9:44 pm Hels Our builder (porter davis) provides insurance to their clients through a third party. I got the policy details in the mail before our build started. I can dig it out later of you'd like more details? Hi Hels, Yes that would be great if i get the details off you. Thanks 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 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 7889 I apologise for any confusion, but your understanding is correct. We approached our situation differently based on advice from… 11 53101 |