Book a Meeting
keyboard_backspace Back
A lot can happen between the laying of the foundation and the completion of a building. Builders warranties are designed to give principals and financiers peace of mind that the construction project will be delivered as agreed in the building contract.


How it works

If your builder can’t complete the job (e.g. due to insolvency, death or disability), your warranty company will find another builder to finish it, while also covering any extra costs. Plus, your builders warranty will protect your deposit and cover you for any structural defects, usually for up to 10 years.

Although not compulsory here in New Zealand, being such a robust ‘safety net’, builders warranties are often demanded by banks and insurance providers when buildings are being constructed.

What’s more, your builders warranty can be transferred to the new owner, giving potential buyers greater confidence when purchasing your property.


Get in touch

Like to ensure that your building work is as stress-free as possible, and completed to the highest standards? Please get in touch with the team at Bonded NZ to get your protection in place.

arrow_downward

Latest news

New Zealand business news, insurance insights and more.

View all news
How do you avoid underinsurance? Being underinsured can happen without you even noticing, here’s how to protect yourself.
29 Nov 2021 By logging all of your assets (even the smaller ones), equipment purchases, updating your listed com...
View More
Is New Zealand’s Economy Recovering After the Pandemic?
26 Nov 2021 New Zealand has shown great resilience throughout the pandemic, and benefitting from the good manage...
View More
What do the new medium density housing laws mean for me? (NZ)
02 Nov 2021 From August 2022 Kiwi’s will be able build up to three story homes on most sites without the need fo...
View More

Stay up-to-date

Business news and updates. Subscribe today.

You are subscribed successfully