Home Warranty Insurance

Home Warranty Insurance in the Northern Territory provides statutory protection for eligible residential building work, helping to protect homeowners where a builder is unable to complete or rectify covered building work in circumstances provided for under the applicable Northern Territory scheme. It forms an important part of the residential building process and provides homeowners with additional protection in situations where the builder’s obligations cannot be fulfilled.

For builders, obtaining the appropriate Home Warranty Insurance eligibility is an important part of undertaking eligible residential building work in the Northern Territory. MBIB’s specialist Home Warranty Insurance team can assist builders with the eligibility process, ongoing reviews and general queries, providing practical guidance and drawing on specialist financial and construction-industry experience to help builders understand and meet the requirements of their applicable state or territory scheme.