Browse Forums Home Finance 1 Apr 30, 2011 9:46 pm we are building a new home(project builder),do we need insurance for if the people that are building it go under???? Re: building new home insurance.. 3Apr 30, 2011 9:50 pm thank you 4 that we had no idea, we had been wondering about that all day.... so many questions such little time Re: building new home insurance.. 4Apr 30, 2011 10:02 pm Hi TC Welcome We r just like you so many ???? Our builder provided a copy of a BSA Certificate of Insurance to the value of the contract along with a copy of Policy Conditions. You should ask for it to keep for your records. Good luck with the build! 12th of Never land 20/3/07 ~~ Contract 17/11/10 ~~ Prestart 9/3/11 ~~ Footings 29/4/11 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 1279 Not back peddling at all. You seem to have issues with comprehension my friend. Guy fcked up, he's considering being dishonest with his bank and hiding it. It will end… 21 12571 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 5796 |