Every home built in Queensland is required to have building insurance lodged with the Queensland Building Services Authority (QBCC*) prior to commencement of construction.
For all Grady homes, we arrange and pay for building insurance through QBCC. This is noted in your contract. The policy with QBCC is a 6 year Home Warranty Insurance Premium, and you will receive a Certificate of Insurance in the mail from the QBCC prior to construction.
Building insurance protects you as the owner in circumstances such as:
Your lending authority will require building insurance to be in place before they will advance any funds towards the construction of the home.
To check if your home is covered, and to find out how to claim, etc., follow this link to the QBCC website for more information about Home Warranty Insurance.
* QBCC is a government body that controls the building industry and administers this insurance for all new homes.