Adam Weaver firstname.lastname@example.org
Home Warranty insurance covers the risk of the owner builder disappearing or going bankrupt, and being unable to fix defects in the sold house.
It is absolutely not required when building, owner builders only need to buy the insurance when selling in the prescribed period, and even then only in VIC and in WA.
For VIC, please visit: https://www.dbi.vmia.vic.gov.au/latest-news node name/announcement-2
For WA, we can provide indicative pricing: https://allrisk.com.au/owner-builder-warranty-insurance-quote