F. D. Beck and Sons Pty Ltd
Suite 18/296 Bay Road,
Cheltenham, VIC, Australia 3192
Ph: 1300 155 338
Fax: (+613) 9585 6177
1300 155 338
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Steadfast is Australia's largest autonomous insurance brokering group, generating in excess of $4.1 billion in annual premiums. This benefits you, our valued clients, by the buying power and flexibility this brings to our services.
Owner Builder Warranty Insurance
Do owner builders need Home Warranty Insurance?
If you are an Owner Builder in NSW, Vic or WA and you sell your property within 6 years of its completion or renovation (WA 7 years from the date the owner builder is issued with a building licence for the work), you will need to provide the purchaser with Residential Owner Builder Warranty insurance.
This type of home warranty insurance or home indemnity insurance is compulsory for all residential building works carried out in excess of $12,000 in Vic and $20,000 in NSW & WA. The insurance is taken out by the builder in favour of the homeowner (beneficiary) and also covers any subsequent owners of the property during the statutory warranty period.
The Owner Builder Home Warranty Insurance Policy covers loss or damage resulting from breach of statutory warranty because of:
- Death; or
- Disappearance; or
of the owner builder
To obtain a quote for Home Warranty (Indemnity) Insurance please use our online calculator button or alternatively call our experts on 1300 155 338 if you require advice.