F. D. Beck and Sons Pty Ltd
Suite 18/296 Bay Road,
Cheltenham, VIC, Australia 3192
Ph: 1300 155 338
Fax: (+613) 9585 6177
E:
Builders' Construction Insurance Calculator
If you need a quote for your Professional Builder Construction Insurance on Annual cover or Single Contract cover, including Liability Insurance, don't forget to use our
free online quoting calculator.
Quick call
1300 155 338
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Professional Builders Warranty Insurance
It is the responsibility of the building contractor to obtain Builders' Warranty Insurance where the residential building work is valued at over $12,000. The cover must be obtained before commencing work under any contract for residential building work with a consumer and before taking any money on the building contract. No contractor, developer, owner-builder or kit home supplier is entitled to receive any payment, including a deposit, until insurance is in place and a certificate of insurance has been given to the customer.
The Residential Builders' Warranty Policy covers loss or damage resulting from non-completion of the work, loss of deposit or breach of statutory warranty if you cannot recover compensation from the builder because of the following situations: Death of the Builder, Disappearance of the Builder or Insolvency of the Builder.
A builder must be licensed (or apply for) in the state in which they operate. They need to complete and sign the application form and provide up-to-date financials to demonstrate their financial capacity. We also require a statement of assets and liabilities for company directors along with various other information as contained in the relevant checklist included in our application form.
To complete an Online Enquiry for Professional Builders' Warranty Insurance, please click on the relevant form below:
Job Specific Builders' Warranty Application
Multi Unit Developments Builders' Warranty Application
Residential Builders' Warranty Annual Cover Application for turnover up to $5M.
To find out more:
For more information or to receive a quote, please email Simon Pascoe — E: — or call 1300 155 338
