YES. We will require background information but in essence "no problems"
1. Commenced Works, pre lock-up, no adverse conditions will apply. Check PDS for full details
2. Commenced Works, post lock-up, requires understanding of works completed and works remaining to completion. Previous insurance and a claims statement. A Commence Works endorsement will apply
3. Builder to Lock-up application are often confused with Commenced Works application, however provided there is a clear separation between licenced builder’s work and owner builder project then applications are acceptable. We require however understandings of value of works completed and value works remaining to completion.
a. Previous insurance details
b. Claims statement clarifying any known claims or building site disputes and any known incidents that may give rise to a claim in the future
c. Building site security details
Kit Homes are popular owner builder projects and many kit vendors encourage an owner builder pathway for their customers. Kit Home constructions are accepted on same terms and conditions as any other construction types. No special conditions or excesses apply.