Risk & Public Liability Insurance

Owner builders need to have Risk & Public Liability Insurance to cover the duration of the project. I have just contacted two companies offering such insurance. It looks like the cost of this could be in the range of A$2000 to A$3000, depending on the cost of the project and exetent of liability protection (e.g. A$5M). Quotes should arrive in the next few days. The cover would commence after the demolition of the existing house, and run for 12 months. One vendor can be found here.

Note that this is different to "Builders Warranty Insurance", which is only needed if an owner-builder sells the house in the future.