Insurance options for self-managed renovation of IP?

Discussion in 'Renovation & Home Improvement' started by Weaver, 5th Apr, 2017.

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  1. Weaver

    Weaver Well-Known Member

    Joined:
    15th Aug, 2016
    Posts:
    69
    Location:
    Ballarat
    Hi all,

    planning renovations (approx $100,000 worth) to an IP. It will become PPOR in about 20 years time. Architect has recommended going 'owner-builder' to self-manage project to reduce costs. Unfortunately in Vic, we have to plan to live in house after reno is complete.

    What other insurance options are there for self-managed projects? We are planning to sub-contract work to specific professionals (no personal or family favours etc)

    Would love thoughts or advice,

    Thanks weaver