We understand the unique risk exposures of Australian builders, tradies and subcontractors. In Queensland, the scheme provides broader protection as there is no requirement that the builder has died, disappeared or become insolvent, only that they either dont complete the work under a building contract or fail to fix defects in their work. Tom Letts To help gauge the current replacement value of your home and/or contents, you can undertake a review of your assets with the buildings calculator and/or contents calculator provided. This document details approved distributors' maximum fees and charges. If you fail to do so, you cant enforce the building contract against the owner and you may be liable to substantial fines. Information on who can repair or replace a smoke alarm or change a battery in a tenancy from 23 March 2020. HIA Insurance Services (HIAIS) can help your business navigate the level of cover you need for your location and the building work youre about to undertake. Cover acts as a protection for the homeowner against financial loss suffered by them (and any subsequent owner, as long as the policy has not been exhausted by a prior claim) when a builder or tradesperson cant complete contracted work or meet a valid claim for defective or unsatisfactory building work. 50 005 617 318) takes no responsibility for assessing the suitability of the calculator for your own requirements. Information for builders and tradies about home building compensation requirements. Need help with a quote, your policy or a claim? Fill in an enquiry form Request a call back I would like to enquire about. Our premium calculator can give you an estimated cost of the total insurance premium payable for your residential building project. Home - SIRA two years after the completion of work for non-structural defects. Brokers will charge a minimum fee per construction type and HBCF recommend builders contact brokers to request their complete fees and charges schedule.
