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yes...its called Home Warranty Insurance.
specialist brokers arrange it.
see www.hia.com.au for more info.
same thing...'builders warranty' then if on a larger scale than single 'home' type scenario. only semantics though.
builders must have it, as per every state's licencing boards etc.
Grossreal,just wanted to ask the question with a high level developer
like yourself what insurance do you have in place for all the work
you complete, i would be very interested on the price for that sort of
insurance on a three storey walkup.....btw it's a bit late to worry once
the builder has gone belly up and your last in line.......
good luck willair.....