Due to a change in government legislation and Domestic Building Insurance Market, the Victorian State Government will be moving to a monopoly and AOBIS will no longer be able to issue any further warranties beyond this date.  For any queries contact the Building and Plumbing Commission (BPC) 1300 067 088.

For assistance in preparing new warranty applications please contact BuildSafe Insurance 03 91126870 or warranty@buildsafe.com.au

Owner Builder Home Warranty Insurance is a mandatory Insurance policy that Owner Builders selling their home are required to provide to the purchaser. It protects purchasers in the event the Owner Builders dies, disappears or becomes insolvent and is unable to fix defective work during the statutory period.

In Victoria, the statutory period of insurance is 6 years for structural defects and 2 years for non-structural. Commencement period is from the Certificate of Occupancy or Certificate of Final Inspection. Builders are required to supply Builders Warranty to homeowners as well, this is basically the same product.

Owner Builders are under the mistaken belief that Owner Builder Warranty Insurance is required to be provided at any time up to settlement. Yes, but if the Owner Builder signs the contract without attaching the Warranty Certificate, the purchaser is FREE to walk away from the contract at any time up to settlement.

Under 137B of the Building Act, a defect report is required to be also attached to the Owner Builder Warranty Insurance Certificate.

The report will list defects, incomplete works and second-hand building materials.
Anything listed in the report is NOT Claimable.

All Owner Builder work requires a Defect Report regardless of the statutory minimum value required for Owner Builder Warranty Insurance.