Browse Forums Building A New House Re: Insurance Certificate for new house in victoria 2May 28, 2010 9:34 pm I believe the bank requires you to have organised the insurance for the house, and they need a certificate for this. Not the building insurance that the builder originally organised. They want to make sure that if anything were to happen to your house eg fire, that you are covered by insurance. contract signed: Nov 09 Released to Construction: 23 Jul 10 Slab poured: 9 Aug 10 Frame completed: 30 Aug 10 Windows & Gutters: 7 Sep 10 Bricks: 15 - 23 Sep 10 Roof: 24 Sep 10 Gyprock: 20 Oct 10 Lockup: 25 Oct 10 Kitchen: 27 Oct 10 Tiling: 6 - 9 Nov 10 Painting: 17 Nov 10 Carpet: 30 Nov 10 PCI: 15 Dec 10 Handover: 17 Dec 10 https://forum.homeone.com.au/viewtopic.php?f=31&t=35943 Re: Insurance Certificate for new house in victoria 3May 30, 2010 10:07 pm The bank would have already received the Building Insurance Cert you where thinking about. Carlswil could be right in saying they need your home insurance details. My builder has a standard house insurance policy that they give for 6 months after settlement. Write back with an update. For reference, this is the Austlii reference. My take on this is, that they would be breaking the law denying access to a homeowner in Victoria, or their agent from having… 1 9094 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 6619 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 |