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Licensed Builder
Builders must provide Home Warranty Insurance to their clients. The main
requirements vary from State to State but builders need to gain Eligibility
from approved Insurers to get access to this insurance.
Important points of Licensed Builder Insurance:
- Provides cover for the builders failure to complete his contract (limited
cover);
- Provides cover for building defects;
- Designed to protect the owner, not the builder; and
- Policy only responds in the event of death, disappearance or insolvency
of the builder.
*Becoming eligible for insurance
Complete our eligibility form and provide the required attachments. We
assess applications having regard to building and technical experience,
financial capacity, profitability and credit/claims history.
| Licensed Builder Downloads |
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