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Beechwood Homes hope Fame it!
Posted on May 16 2008 3:02 AM by adeal

"If people have home warranty insurance, they will be covered," Vero Insurance spokeswoman Sue Repanellis said.
"They are going to be protected for the investment they've already made." Vero Insurance provides cover under the NSW home warranty insurance scheme. Ms Repanellis said the insurer was working with Beechwood's receivers to determine how many homebuyers had been left with unfinished properties when the company was placed into voluntary administration on Tuesday. She put the number of homeowners affected at around 300 but said it would be up to the receivers to make a final estimate.



Full story: news.com.au
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