Complex sentence: The BIAW says there is no insurance product available to cover builders and that the bill prohibits anyone choosing to waive the implied warranty of habitability, just providing a new and easier way to sue builders.
Split into simpler sentences: The BIAW says there is no insurance product available to cover builders and that the bill prohibits anyone choosing to waive the implied warranty of habitability. The group also says that it is simply a new and easier way to sue builders.