‘Fake’ owner builder insurers

‘Fake’ owner builder insurers are easily identified by no known name or brand, no local presence or staff and their offer is usually padded by ‘junk’ benefits such as free paint, de-watering insurance, transit cover (deemed ‘un-claimable’ cover, when owner building), allowances for increased cost of working, principal contractors and principal supplied goods and materials (junk and worthless), and no single insurer or underwriter nominated or guaranteeing and honouring any claim.

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