AN INDEPENDENT 10 YEAR GUARANTEE FOR CBS CO-OP MEMBERS

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 independently-insured warranty 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.

10 YEAR BUILDERS GUARANTEE- HOMEOWNER BENEFITS

BEFORE & DURING CONSTRUCTION

Refund lost deposit

Guarantee completion and pay additional costs to complete

Up to 15% of the contract price, to a maximum of $250,000

DEFECTS PERIOD

Covers defects for the 10 years, including weathertightness

Defects include the failure of products and materials and faulty workmanship

Up to $1,000,000

ADDITIONAL BENEFITS

Transferrable to a new owner – added value when seeking a buyer

Claims managed by an independent third party

SECURITY

Underwritten by the Southern Pacific Insurance Company (SOPAC), NAIC registration number 15659

More about SOPAC

Members, Apply For Accreditation Today

Homeowners