| Tier | Contract Value (incl. GST) | Premium (Current Estimate) | | :--- | :--- | :--- | | | $3,301 – $10,000 | ~$103.10 | | 2 | $10,001 – $20,000 | ~$206.20 | | 3 | $20,001 – $30,000 | ~$309.30 | | 4 | $30,001 – $40,000 | ~$412.40 | | 5 | $40,001 – $50,000 | ~$515.50 | | 6 | $50,001 – $75,000 | ~$773.25 | | 7 | $75,001 – $100,000 | ~$1,031.00 | | 8 | $100,001 – $150,000 | ~$1,546.50 | | 9 | $150,001 – $200,000 | ~$2,062.00 | | 10 | $200,001 – $250,000 | ~$2,577.50 | | 11 | $250,001 – $300,000 | ~$3,093.00 | | 12 | $300,001 – $350,000 | ~$3,608.50 | | 13 | $350,001 – $400,000 | ~$4,124.00 | | 14 | $400,001 – $450,000 | ~$4,639.50 | | 15 | $450,001 – $500,000 | ~$5,155.00 | | 16 | $500,001 – $550,000 | ~$5,670.50 | | 17 | $550,001 – $600,000 | ~$6,186.00 | | 18 | $600,001 – $650,000 | ~$6,701.50 | | 19 | $650,001 – $700,000 | ~$7,217.00 | | 20 | $700,001 – $750,000 | ~$7,732.50 |
The premium is calculated based on the (or estimated value). The more expensive the project, the higher the tier—but the rate per dollar decreases slightly at higher tiers. qbcc home warranty insurance premium table
For repairs, extensions, sheds, carports, and swimming pools. | Tier | Contract Value (incl
Six years later, you notice a major structural leak. Even if you've sold the house, the insurance stays attached to the property for 6 years and 6 months , allowing the current owner to claim for defective workmanship. Key Facts to Remember hwi-premium-table-2701-alterations.pdf - QBCC For repairs, extensions, sheds, carports, and swimming pools
The table clearly separates the two pricing structures.