HIA Builders Insurance—What It Covers, Why It Matters, and How It Reassures Markon Clients
Protection that counts
When you build with The Markon Group (contracted through Markon Constructions Pty Ltd, QBCC 1313179), you’re not just getting a builder—you’re engaging a team that operates inside a robust risk-management framework. A big part of that framework is builders insurance arranged through specialist providers such as HIA Insurance Services (HIAIS), alongside Queensland’s statutory QBCC Home Warranty Scheme. Together they help protect builders, customers, and the project from the first peg in the ground to final handover.
First things first: what is “HIA Builders Insurance”?
“HIA Builders insurance” generally refers to insurance products arranged by HIA Insurance Services, a specialist broker formed as a joint venture with Aon and the Housing Industry Association to serve the building industry. HIAIS places covers like Contract (Construction) Works and Public & Products Liability, and helps builders manage other business risks. (In Queensland, home warranty insurance is administered by the QBCC, not a private insurer.)
Key policies a professional builder arranges
- Contract (Construction) Works insurance
Covers accidental loss or damage to the works and materials during construction (e.g., fire, storm, theft, vandalism), and is often paired with liability cover. HIAIS arranges these policies for builders; typical cover components include material damage plus public/product liability. - Public & Products Liability
Protects against third-party injury or property damage allegedly arising from the building operations—crucial when trades, suppliers, neighbours, or the public are on or near site. - Statutory Home Warranty (Queensland)
In QLD, most residential work over $3,300 must be insured under the Queensland Home Warranty Scheme, which the QBCC administers. This can protect homeowners if a contractor fails to complete or rectify eligible work, or becomes insolvent/deceased, within legislated limits and timeframes.
Good to know: Home warranty in Queensland generally runs for 6 years and 6 months from the relevant commencement, with specific claim windows per defect type—always check the QBCC guidance and your policy documents.
(Builders may also arrange other business covers—e.g., tool/plant, motor/fleet, management liability, cyber, and professional indemnity for design & construct—based on their operations.)
Why this matters to customers of The Markon Group
- Protection during the build: Contract Works and Liability insure against many unexpected events on site and third-party incidents—so a mishap doesn’t automatically become your problem.
- Statutory safety net: For eligible residential work in QLD, the QBCC Home Warranty Scheme provides a backstop if a builder cannot complete or fix eligible defects within the scheme’s rules.
- Specialist oversight: HIAIS focuses exclusively on the building industry and is backed by Aon, helping ensure covers are fit for purpose for residential builders and projects like yours.
- Transparency you can verify: You can confirm a builder’s QBCC licence and check whether home warranty insurance has been attached to a property. Markon Constructions Pty Ltd builds under QBCC 1313179.
Why this matters to builders (and your project)
- Contract and lender requirements: Many head contracts and financiers require Contract Works and Liability as a condition of proceeding—keeping the project bankable.
- Business continuity: Adequate cover helps a builder absorb shocks (e.g., a theft or storm event) without derailing schedules or cash flow.
- Regulatory compliance: In QLD, home warranty premiums must be paid for eligible work (above the threshold), with the QBCC administering and enforcing the scheme.
How The Markon Group applies this for you
Markon’s process is designed to be clear and reassuring:
- Contracted correctly: You contract with Markon Constructions Pty Ltd (QBCC 1313179)—so the statutory framework applies.
- Insured appropriately: Markon arranges industry-standard covers (e.g., Contract Works, Liability) through reputable providers; in QLD, home warranty is registered with the QBCC for eligible residential work.
- Documented transparently: You receive the paperwork you need (contract, inclusions, warranty notices), and we keep you informed at each stage.
Quick homeowner checklist
- Ask for certificates of currency for Contract Works and Liability (current to your build dates). (Your builder or broker can supply these.)
- Verify home warranty has been raised for your job (Queensland): your contract and QBCC records should reflect this for eligible work.
- Keep everything in writing—variations, site instructions, and defect lists streamline any future claims or rectifications.
Final word
Insurance isn’t just paperwork—it’s peace of mind. With HIA-arranged builders insurance supporting the construction phase, and the QBCC Home Warranty Scheme standing behind eligible residential work in Queensland, The Markon Group gives customers a well-structured shield against life’s “what-ifs”—so your focus stays on the home you’re creating, not the risks in getting there.
