What will an insurance search show?
The BSA Home Warranty Insurance Policy offers consumers protection when a licensed contractor performs insurable residential construction work under a domestic contract. If you are purchasing an existing home you are able to search to find out if there is a current BSA Home Warranty Insurance Policy in place. The Policy may cover defects that occur within prescribed timeframes AFTER purchase.
You should complete and return the Insurance Search Request form and provide the following:
Current and previous property descriptions
Copy of the Registered Plan
Units - for developments three storeys or under - a full copy of the BUP / GTP / SP
The completed request along with the fee of $35.95 (no GST applies) should be returned to BSA for processing via mail or at your nearest office. If all information is provided you should receive a response within seven (7) working days. Note - DO NOT send cash through the post.
Types of premises that may be covered:
House
Duplex
Townhouse
Low-rise units (multiple dwellings of more than 3 storeys are not covered)
Note - If the property has been built by an owner builder there will be no BSA insurance cover. The seller is required (by law) to provide a written notice to the purchaser that identifies that the work was carried out under an owner builder permit - click here for more information.
Purchasing a home with existing defects
Where defects are apparent prior to purchase BSA may not be able to assist in having them rectified - click here for more.
Related Pages
Home Warranty Protection
Owner Building
