Qbcc Home Warranty Insurance Premium Table Review
🔗 qbcc.qld.gov.au → Licensing → Home Warranty Insurance Have you noticed the July 1 premium increases affecting your quotes for small renovations (Tiers 1-5) more than larger builds? Let me know your experience below.
Note: This is based on the standard tiered system effective as of the latest QBCC schedule. Premiums are subject to change (typically indexed annually on 1 July). Always verify on the official QBCC website. 📊 Understanding the QBCC Home Warranty Insurance Premium Table (2024-2025) qbcc home warranty insurance premium table
Here is a breakdown of how the works, as the cost is not a flat percentage—it uses a tiered scale . 🔢 The QBCC Premium Tiers (Standard Class 1a & 2 Buildings) The premium is calculated based on the Contract Price (or estimated value). The more expensive the project, the higher the tier—but the rate per dollar decreases slightly at higher tiers. 🔗 qbcc
If you are a licensed builder in Queensland carrying out residential construction work over $3,300 (incl. GST), you must arrange QBCC Home Warranty Insurance before accepting a deposit or starting work. Premiums are subject to change (typically indexed annually