Home Warranty Insurance

State: Tasmania

Cover Built for the Way You Work

Home Warranty Insurance provides protection for homeowners against certain losses arising from residential building work, in accordance with the terms and conditions of the applicable insurance policy.

COVER FOR

Residential building work

What is Home Warranty Insurance?

Cover types: Home Warranty Insurance

Home Warranty Insurance provides protection for homeowners in circumstances covered by the applicable insurance policy, helping to protect against certain losses arising from residential building work. In Tasmania, residential building work is also subject to statutory warranties that provide homeowners with legal rights in relation to the quality, compliance and completion of building work.

For builders, understanding the insurance and statutory requirements applicable to residential building work is an important part of managing a construction business. MBIB can assist builders with their insurance requirements and provide specialist guidance based on the nature of their business and the work they undertake.

KEY BENEFITS

Experienced staff with financial literacy skills

48 hour turnaround on job specific applications

Dedicated specialist warranty team

Proactive eligibility limit management

Our Eligibility team is unique within the market

Our Eligibility team is responsible for assisting you with initial eligibility applications and ongoing eligibility reviews, as well as attending to your general queries about Domestic Building Insurance.

We are committed to providing you with a comprehensive service, ensuring that all eligibility enquiries actioned are within our service standards. We also conduct pre-submission quality assurance reviews to guarantee that all eligibility review submissions meet the requirements of the various states and territories.

Our recruitment for eligibility personnel focuses on financial literacy and experience, rather than just a general insurance background. We seek degree qualified, skilled professionals with experience in insolvency, accounting and finance. This allows us to have effective conversations with you and your appointed accountants or financial advisors, so that we achieve quality and realistic outcomes for you.

We take a proactive approach that often involves an education element (for you and your accountant or financial advisor) to ensure you understand the Domestic Building Insurance process. We advise how you can position your business to balance your responsibilities under your state-specific scheme and your future plans for your business.

Ready when you are