Failing to arrange Building Indemnity Insurance when it is required can lead to serious consequences for both the builder and the property owner.

Possible outcomes include:

• Delays or refusals in obtaining development approvals
• Penalties or disciplinary action from your licensing authority
• Homeowners being left without access to compensation or legal protections if things go wrong
• Increased risk of disputes and potential legal action
• Damage to your professional reputation
• Loss of future work or contract opportunities

Building Indemnity Insurance is a legal requirement for most residential building work valued over $12,000 in South Australia. It protects the homeowner in situations where the builder dies, disappears, or becomes insolvent, and failing to provide it puts all parties at risk.

Contact our team today with any questions you might have.