HomeFirst and Small Project Guarantees
Builtin New Zealand Limited are specialists in guarantees and insurance for building projects, having worked exclusively in the construction sector for 15 years.
The Guarantee is underwritten by CBL Insurance Limited, a Kiwi owned & operated insurer since 1973. CBL are regulated by the Reserve Bank and rated A- (Excellent) by A.M. Best.
Homefirst Guarantee - Projects over $30,000
Building a new home or making a significant alteration is probably the biggest investment you’ll ever make, and if anything goes wrong it could be the most costly too. The Building Act and Consumer Guarantees Act both include protection for consumers when undertaking building work. However, if the building company you’ve chosen goes bust, or something happens to your builder, this legislative protection is of no value whatsoever. That’s why it makes sense to reduce your risk by having an independently-insured guarantee in place, just in case something does go wrong.
10 YEAR HOMEFIRST BUILDERS GUARANTEE
A Homefirst Guarantee protects your deposit and ensures that if your chosen builder can’t complete the job we’ll find someone to finish it, and cover the extra costs to do so (subject to the limits of the policy). The guarantee also covers the repair of defects for 10 years.
For more information, follow the link below:
Small Project Guarantee - Projects $10,000 to $30,000
The guarantee protects your deposit, guarantees your project will be completed at the price you agreed and covers fixing defects for up to 10 years.
THE BENEFITS OF A SMALL PROJECT GUARANTEE
Builtin’s Small Project Guarantee is for residential building work only. It provides the following benefits (subject to the limitations of the policy):
Protects your deposit
Guarantees completion of your project at the price you agreed
Fixes defects for up to 10 years
Repairs damage to the works resulting from a defect
Guarantees the materials and subcontractors supplied by your builder
Transferable to future owners (a significant marketing benefit at sale time)
For more information, follow the link below:
