by Ben Rickard | Sep 14, 2022 | Insurance
It’s true. You might pay a bit more to use the services of an insurance adviser compared to buying your insurance directly from an insurer online. Is that extra cost worth it? We think so, and here are a few reasons why: 1. Do you really know what you are...
by Ben Rickard | Aug 5, 2022 | Insurance
From the first of August 2022 Builtin’s cover includes some new benefits. Check them out below along with other key features. Builtin’s Contract Works Insurance Cover if the property is occupied while still under construction (for contract perils...
by Ben Rickard | Jul 27, 2022 | Insurance
From 1 October 2022, the amount of a house insured by EQC is increasing from $150,000 to $300,000 (+ GST). This applies to residential homes that are damaged from natural disasters like earthquakes, volcanic eruptions, tsunamis, natural landslips, and geothermal...
by Ben Rickard | Jun 7, 2022 | Insurance
A quick skim of past LBP complaint decisions shows that the majority of fines and penalties are due to the LBP failing to supply a Record of Work (quick hint: there is no defence for this). Others are allegations of performing negligent or incompetent work. Some are...
by Ben Rickard | Jun 3, 2022 | Bonds, Insurance
Recent media reports have highlighted volatile trading conditions in the building industry, with concern that these could affect the solvency of many companies. Indeed, we are already seeing a spike in liquidations both here and in Australia. What measures can...
by Ben Rickard | May 25, 2022 | Insurance
Would it surprise you to know that hire contracts for scaffolding commonly require the builder to accept full responsibility for loss, theft or damage to it? It may even require you to insure the scaffolding during the hire period. So, if you haven’t taken cover out...