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NSW Owner Builder Activity Reaches New Highs
Renovation delights going through the roof
Sydney Morning Herald Stephen Nicholls, Susan Wellings July 23, 2011 read the article here ''You've just gotta have a look around the streets; there's plenty of renovating going on.'' The boom for builders comes at the expense of the real estate industry, as more homeowners choose to do up their existing home rather than move.

Owner Builder Warranty News
Owner Builder Home Warranty or Home Indemnity Insurance as it is known in WA is a statutory insurance product – mandatory if an Owner Builder sells their home within the 6 year period from completion. Some insurers like to make this hard work, when it should be straightforward.
 
AOBIS, 3 step process for obtaining Home Warranty (indemnity) Insurance.
1. Complete the Application Form and attach required supporting documentation
2. Obtain a Defects Report
3. Send documents to your Broker
 
Construction Insurance is not all the same ……
Owner Builders are unique. They are after all confident and talented to take on the commitment of building or renovating their own home. Protecting their most valuable asset is not as simple as one insurance policy (eg broad form or make fit a general licensed contractors policy) to suit. At AOBIS we support Owner Builders unequivocally and therefore Policy wordings are relevant and meaningful.
 
AOBIS policy wrap up:
Insurance cover to premium price ratios are rated as industry best because we remove non relevant cover and then add the important ones
    1. Options and benefits outplay any of the competition because it’s Owner Builder specific (see benefits at a glance click here)
    2. Commenced works – yes we can
    3. Take over from a Licensed builder – yes we can
    4. Running over time and need to extend your Policy until completion – yes we do that too
    5. Add in your tools, sub contractors and your existing home under renovations – yes all available
    6. Claims management – yes that’s what good insurance organizations do ‘claims management’

Find a Broker (click here)

Why Owner Building activity is increasing …….  Simply, most Owner Builders save upward of 38% when Owner Building.