Queensland Home Warranty Scheme: Premium Table For Construction Of A New Residence
Queensland Building And Construction Commission
Version:
2023.
(Current)
Pages
11
Current status
Current
Description
Premiums include GST. For multiple dwellings: one premium is payable on each individual residence e.g. round up to next whole value. (Divide the total insurable value by the number of units to calculate the premium). Where the insurable value for each unit is less than $3,300, use the up to $3,300 premium band to calculate the premium for each unit.
For the Insurable Value: any amount over the $1,000 threshold requires payment of the next level premium.
Scope
Effective 1 July 2020.
Collections
Licence
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QLD
Sector
Residential
Commercial
Civil
Industrial
