Residential building work contracts in
Western Australia are governed by the
Home Building Contracts Act 1991 (the Act).
If residential building work valued over $20,000
is to be undertaken, the Act requires that a builder
take out home indemnity insurance in the name
of the owner before accepting payment or commencing work.

We are highly experienced and passionate about Home Indemnity (Builders Warranty) Insurance. Call us now to discuss your requirements (08) 9248 7944.

 

What is home indemnity insurance (hii)?

HII protects owners against financial loss if a builder cannot complete residential building work or meet a valid claim for faulty or unsatisfactory building work because of death, disappearance or insolvency.

In most instances, the insurance policy must cover the residential building work during the construction period and for six years from the date of ‘practical completion’ (the six year insurance period). Practical completion is when the building, extensions or renovations are completed and ready for occupation.

The Act applies to all areas of the state, however, the provisions of the Act are different when a person builds, extends or renovates their own home as an owner-builder or a builder seeks exemption to build their principal place of residence. This is explained in the ‘Owner-builder requirements’ section in the below fact sheet.

For the latest information please contact our office or visit the Department of Commerce website: https://www.commerce.wa.gov.au/publications/home-indemnity-insurance

•Home Indemnity Insurance Fact Sheet
•Eligibility and Review Application
•Job Specific Application
•Multi-Unit Application
•Certificate Cancellation Form
•Certificate Variation Form
•Notice of Completion Form
•Home Indemnity Insurance Policy WA

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