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.
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. qbcc home warranty insurance premium table
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) Here is a breakdown of how the works,
🔗 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. If you are a licensed builder in Queensland
