We are about to make a decision on which builder to use for our renovations.. we have 3 contracts around $600- 650,000 and they each have different insurances quoted. Is there a way to make sure the builder we choose has the right insurance in place? What do we need to be looking out for? thanks
builders can on-charge any insurance amount they think they can get away with. In terms of the correct insurances, ensure they have a contract works policy (liability + material damage) policy in place and if required by the local law, home builders warranty which would be likely on a smaller renovation such as yours.