Home Indemnity Insurance (HII) is a statutory requirement in Western Australia for eligible residential building work valued at more than $20,000, providing protection for homeowners against certain losses arising from incomplete or defective building work.
COVER FOR
Mandatory Threshold: value of work is over $20,000
Cover types: Home Indemnity Insurance
Home Indemnity Insurance in Western Australia 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 Western Australian scheme. It forms an important part of the residential building process, providing homeowners with additional protection where the builder’s obligations cannot be fulfilled.
For builders, obtaining the required Home Indemnity Insurance eligibility is an important part of undertaking eligible residential building work in Western Australia. MBIB’s specialist eligibility team can assist builders throughout the application and review process, assessing their financial position and relevant technical qualifications and experience, while providing practical guidance to help builders understand and meet the requirements of the Western Australian scheme.
Ready when you are
Chat with a broker who actually knows construction. Quotes are free and there’s no obligation just a conversation about what your business needs.
OR PHONE US DIRECT
1800 150 888