Commercial structural defects (Vic & Tas)
A requirement of Victorian and Tasmanian legislation in obtaining a commercial builder licence, is that the applying practitioner carries structural defects insurance.
- The policy is an annual cover and the premium is determined on the level of structural work included in a commercial project.
- The minimum cover under the legislation is $1,000,000.
- The cover is not available in other states.
For more information about this policy contact HIA Insurance Services.