Browse Forums Owner Builder Forum Re: Owner builder insurance 4Mar 04, 2020 2:49 pm HI there - both my husband and I are Insurance Brokers in NSW. Happy to assist should you need it. Austbrokers, Corey - 0416278697 and we could provide you with a quote. Best of luck with your build. Confused Renovator Re: Owner builder insurance 5Mar 04, 2020 9:41 pm bepcanh Thank you very much . I will call them. It seems this VMIA is in Victoria Thanks again Bep Canh Sorry, disregard that... Registered Building - Always happy to help where I can and simply loves the game. DM me if you need help in VIC. Re: Owner builder insurance 6Apr 03, 2020 9:07 pm Try Allrisk.com.au, I have used them for couple times, the price is very reasonable for home owner project. Re: Owner builder insurance 7May 20, 2020 3:37 pm I'd love some info in Vic as well. I need to get some owner builders insurance. Thanks! Re: Owner builder insurance 8Jul 19, 2020 2:49 pm bepcanh Dear All, I have just got the Owner builder permit in NSW. Before starting the construction work on my property. Which insurance company covers a owner builder work? I really do not know. I checked NRMA, GIO on their website I do not see they insure a owner builder work? Anyone known please share with me. Thank you very much in advance Bep Canh Hi Bep what insurance did you end up getting? Im in the same boat as you, in NSW about to start a small extension value around $25K. What about the fine print, and what sort of Public Liability is the recommended level? Also Im interested if there is any coverage if I am injured on the project if I am working FT voluntarily (unpaid) on this. Will appreciate any tips thank you, Re: Owner builder insurance 9Jan 26, 2021 8:24 pm bepcanh Dear All, I have just got the Owner builder permit in NSW. Before starting the construction work on my property. Which insurance company covers a owner builder work? I really do not know. I checked NRMA, GIO on their website I do not see they insure a owner builder work? Anyone known please share with me. Thank you very much in advance Bep Canh hi, you dont need owner builder insurance in nsw , it is not a legal requirement, and if you are owner building you will not have anyone on site but yourself. Re: Owner builder insurance 10Jan 27, 2021 3:51 pm " you will not have anyone on site but yourself." so the council inspector or private certifier trips and impales himself on some forming then sues you for $10 million the electrician electrocutes himself, his wife sues you for $10 million the plumber explodes some oxy acetalyn whilst brazing your lines then sues you for $10 million so far you are out of pocket $30 million you need a reality check before posting bs on the internet Re: Owner builder insurance 11Jan 27, 2021 4:44 pm aussieta " you will not have anyone on site but yourself." so the council inspector or private certifier trips and impales himself on some forming then sues you for $10 million the electrician electrocutes himself, his wife sues you for $10 million the plumber explodes some oxy acetalyn whilst brazing your lines then sues you for $10 million so far you are out of pocket $30 million you need a reality check before posting bs on the internet you are only at fault if you cause the accident through your own deeds, none of the scenarios you have described would be your fault. you are the one posting bs. i have built 6 houses for myself in 2 different states in the last 15 years and never required home insurance or any insurance for that matter. it is misleading to state that i am posting bs and that any of your fantasy scenarios are the owner builders fault. plumbers dont braze by the way....and if a sparkie electrocutes himself how is it my fault ? if a council inspector isnt looking where they are going and trips it is not my fault either. please do not post nonsense. Re: Owner builder insurance 12Jan 27, 2021 7:19 pm Construction sites are by their nature dangerous working environments. As an owner builder you take on the full responsibility of the builder, that includes insurance. It's like driving a car without insurance, it's all great until something goes wrong. You can role the dice and not get insurance but quite frankly it can cost you everything you have if one little thing goes wrong. Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Owner builder insurance 13Jan 27, 2021 7:24 pm chippy Construction sites are by their nature dangerous working environments. As an owner builder you take on the full responsibility of the builder, that includes insurance. It's like driving a car without insurance, it's all great until something goes wrong. You can role the dice and not get insurance but quite frankly it can cost you everything you have if one little thing goes wrong. it is not a legal requirement to have insurance on an owner builder site. why pay for something you do not need ? this is why owner builders end up spending a fortune on building their own home , because they get suckered in by scare stories planted by industry lobby posters. Re: Owner builder insurance 14Jan 27, 2021 7:33 pm Mate, I'm not an industry lobby poster. I've built two OB houses in the last 10 years and I wouldn't even think of doing it without insurance. I work in the building industry and just like I expect that if something was to happen to me on a worksite that was not my responsibility (and it happens all the time) I or my family would have a form of recourse for any accidents that aren't of my doing, I'd also accord the same level of care to anyone working on my own build. If you want to role the dice good luck to you but it can very easily come back to bite you on the backside. Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Owner builder insurance 15Jan 27, 2021 7:46 pm chippy Mate, I'm not an industry lobby poster. I've built two OB houses in the last 10 years and I wouldn't even think of doing it without insurance. I work in the building industry and just like I expect that if something was to happen to me on a worksite that was not my responsibility (and it happens all the time) I or my family would have a form of recourse for any accidents that aren't of my doing, I'd also accord the same level of care to anyone working on my own build. If you want to role the dice good luck to you but it can very easily come back to bite you on the backside. yes, i also am a tradesperson who has worked in the construction industry in 3 states here and several countries overseas and have built many homes for my family. the fact is ,you do not need insurance of any kind to build a house here in the council shire i am in in NSW or the previous council shires in 3 states i have built in, maybe your council shire requires it , but if they do, i suspect they are not behaving legally. and i would take it up with your state LGA. If you want to walk down the street uninsured there is a very small risk that you may be found liable for something that goes wrong, but it is still your right to walk down that street uninsured. stating you have to have insurance for owner building when it is not a legal requirement and many of us have never purchased such a thing is misleadin ,that is all i have said, but it seems to irk many for some reason ... maybe they realise they have spent a lot of dosh on something they do not need. Re: Owner builder insurance 16Jan 27, 2021 8:07 pm Do you have insurance on the finished house? Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Owner builder insurance 17Apr 12, 2021 12:03 am benny black chippy Mate, I'm not an industry lobby poster. I've built two OB houses in the last 10 years and I wouldn't even think of doing it without insurance. I work in the building industry and just like I expect that if something was to happen to me on a worksite that was not my responsibility (and it happens all the time) I or my family would have a form of recourse for any accidents that aren't of my doing, I'd also accord the same level of care to anyone working on my own build. If you want to role the dice good luck to you but it can very easily come back to bite you on the backside. yes, i also am a tradesperson who has worked in the construction industry in 3 states here and several countries overseas and have built many homes for my family. the fact is ,you do not need insurance of any kind to build a house here in the council shire i am in in NSW or the previous council shires in 3 states i have built in, maybe your council shire requires it , but if they do, i suspect they are not behaving legally. and i would take it up with your state LGA. If you want to walk down the street uninsured there is a very small risk that you may be found liable for something that goes wrong, but it is still your right to walk down that street uninsured. stating you have to have insurance for owner building when it is not a legal requirement and many of us have never purchased such a thing is misleadin ,that is all i have said, but it seems to irk many for some reason ... maybe they realise they have spent a lot of dosh on something they do not need. I just finalised an insurance claim against scratched windows glass. $6k to replace glass. Policy was underwriten by Vero. Broker was All Risk. Re: Owner builder insurance 20Apr 21, 2022 8:57 pm i am currently building my own home again ,and our NSW council requires no such thing. Hi All, I just wanted to close this topic out with an update. So we ended up agreeing to a number with the insurance company, and after an extensive amount of hand… 8 28370 Nothing yet, have been distracted this year with work related projects and a new kid but hoping to start building one way or another early next year. Will keep you posted 3 17967 Always get multiple quotes, no matter how reasonable/cheap you think it is. I remember getting a few quotes for a pool fence, roughly around the same price, thinking the… 5 11775 |