Important update for builders in South Australia: Premium increases to Building Indemnity Insurance (Builders Warranty) in South Australia.
QBE has advised that Building Indemnity Insurance (Builders Warranty) for all construction categories (excluding multi rates) in South Australia will increase by 4% effective 1 September 2022.
The new premiums will apply to all Building Indemnity policies paid and issued on or after 1st September 2022. .
To have your application processed before 1st September 2022, please lodge it by 5pm on the 26 of August 2022.
Applications submitted after this time may not be processed, and the increased rates will apply.
For more information, please contact our specialist Indemnity Team on 1800 077 933. We are here to help.
BRIC, as a company of Honan Insurance Group Pty Ltd is now fully owned by Marsh Pty Ltd. To find out more, speak to your broker or read the announcement