Secure Your Project with Owner Builder Insurance

Owner builder insurance is essential because it protects you against potential financial losses due to accidents, property damage, theft, or liability claims during the construction process. Without this coverage, you could face significant out-of-pocket expenses if something goes wrong on your building site.

Yes. To be approved as an official owner builder, it is essential that you apply for the required owner builder permit in your state or territory.

Yes, you can still obtain owner builder insurance if you hire subcontractors for specific tasks. However, it's important to ensure that your policy covers activities performed by subcontractors and that they have their own insurance coverage, such as public liability and workers' compensation. Always verify the insurance requirements with your provider to avoid gaps in coverage.

Coverage typically lasts for the duration of the construction project. The policy can be tailored to cover specific phases of the build or the entire construction period. It's important to discuss your project timeline with us to ensure continuous coverage until the project is completed.

The cost of owner builder insurance varies based on factors such as the size and scope of the project, the total construction value, the location of the property, and the types of coverage included in the policy. 

On average, premiums can range from a few hundred to several thousand dollars. Obtaining quotes from multiple insurers can help you find the best coverage at a competitive price.

The project value refers to the total estimated cost of the construction project, including materials, labour, and any other expenses associated with completing the build. This value is crucial because it determines the level of coverage needed and directly influences the insurance premium.

It is advisable to discuss the project value with your insurance provider to ensure all aspects of the construction are covered adequately.