Building a new home or making a significant alteration is probably the biggest investment homeowners will ever make, and if anything goes wrong it could be the most costly too. That’s why it makes sense to have an independent guarantee in place, just in case something does go wrong.
CBS Co-Op members and their customers now have direct access to New Zealand’s only independent 10 year builders guarantee.
HOMEOWNER BENEFITS
BEFORE & DURING CONSTRUCTION
1. Refunds your deposit if work hasn't started
2. Guarantees completion of the contract at the agreed price, and pays any extra costs to do so
DEFECTS PERIOD
1. Fixes defects for 10 years, including weathertightness
2. Defects include faulty workmanship and the failure of products and materials supplied by your builder
ADDITIONAL BENEFITS
1. Transferrable to a new owner, which makes the property more attractive when selling
2. Claims managed by an independent third party
SECURITY
Provided by Southern Pacific Insurance Corporation (SOPAC), NAIC registration number 15659. More about SOPAC
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Homeowners
Builtin's Builders Insurance Package
