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 only, not occupancy-related losses)
• Automatically includes $10,000 for Hired or Borrowed Plant (such as equipment and scaffolding) – NEW
• Cover for Temporary Buildings includes portable site toilets – NEW
• $25,000 of Post Loss Land Improvements is automatically included
• 30 days Completion Cover is automatically included (not for spec homes – this can be added though)

Builtin’s Tools Insurance

• A single excess for claims across both tools and commercial vehicle policies (highest excess applies)
• Burglary excess is reduced to $500 if a Van Vault/Tool Vault or Armorgard secure storage box is installed in the vehicle
• Tools are insured for their full replacement value (new for old)
• Employees tools are covered up to $10,000 per person per event
• Theft from an unlocked vehicle is included whilst parked at the work site

Builtin’s Commercial Vehicle Insurance

• Signwriting included
• Trailers under $2,750 are insured free (alongside a fully insured vehicle, Fire & Emergency Levy charged)
• A single excess for claims across both tools and commercial vehicle policies (highest excess applies)
• Options for loss of use cover – NEW

Builtin’s General/Public Liability Insurance

• Automatically includes cover for damage caused by defective workmanship as well as rectifying the workmanship (up to $100,000)
• Includes cover for damage to the property being worked on (a higher excess may apply)

Builtin’s Statutory Liability Insurance

• Covers fines for breaches of the Building Act and associated legal defence costs
• Covers fines for breaches of the Resource Management Act and associated legal defence costs
• Covers costs for defending a prosecution under the Health & Safety at Work Act including any reparations awarded to an injured party

Builtin’s LBP Cover

• Cover for Fines and Defence Costs & Expenses for a complaint to the LBP Board (up to $50,000 per complaint)
• Cover for Defence Costs & Expenses and any settlement arising from errors in Record of Work documentation
• Cover for Defence Costs & Expenses and any settlement arising from errors in supervision of non-LBPs