Builders Warranty Insurance / Home Warranty Insurance

What you need to know

What is Builders Warranty Insurance?

Builders Warranty Insurance is required for all registered builders or tradespeople carrying out residential building works. The policy is issued to the homeowner for protection against loss due to non-completion, defects and breach of statutory warranties by the builder. Cover is only triggered when the builder dies, disappears or becomes insolvent prior to completing the home or resolving the defects.

Builders Warranty Insurance is mandatory when a contract price is over $12,000. This amount can vary from state to state.

Who needs Builders Warranty Insurance?
If you’re a licensed builder or tradesperson working on a residential building contract, you need Builders Warranty Insurance. This type of insurance is compulsory – that means you must secure cover prior to work being performed or accepting money from the homeowner.

The Winley Insurance Group solution
Without adequate building works protection in place, the financial ramifications may be significant. At Winley Insurance Group, our residential building specialists help you determine what cover is required.

Contact us for additional information or a quote
Winley Insurance Group is ready to help! Builders Warranty Insurance is underwritten by private insurance companies in all states except for Queensland and Northern Territory. Contact us at 1300 732 205 or begin our Builders Warranty Insurance quote process now. Our builders warranty brokers, service all of Australia.