What is QBCC Home Warranty Insurance?
Most residential building work done in Queensland valued over $3,300 (including labour and materials) must have home warranty insurance.
As part of the building process, we (the builder) pay a premium to insure the construction of your home. The amount is included as part of your contract, and is paid before work begins.
It may protect you where:
- a licensed builder does not complete the contracted residential construction work and you have terminated the contract
- the contractor fails to rectify defective work
- the building suffers from subsidence or settlement. (Information sourced from QBCC website).