Number of Victorians awaiting building insurance payout has ballooned since January

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Number of Victorians awaiting building insurance payout has ballooned since January
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More than 700 Victorians have waited more than a year for their claim to be resolved by the state-run insurer, prompting calls for the ombudsman to investigate.

Thousands of Victorians affected by collapsed builders are now waiting for a payout from the government-run insurer.: The state opposition will this week attempt to force the ombudsman to investigate the insurer's behaviour.

A swag of builders — including Porter Davis — have folded in the past year resulting in a surge of Victorians making claims with the VMIA. It's been four years since this Victorian family's builder fled the country. Their home is still not finished "VMIA is focused on completing homes for claimants as quickly as possible to the standard they signed up for with their original builder,'' a VMIA spokesperson said.

But when she made a claim with the VMIA, she says the insurer provided an unrealistic quote to finish the job — that quote even included a picture of the wrong house.

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