Building surveyors are not alone in experiencing the impact of soaring insurance premiums caused largely by combustible cladding concerns in major cities, the state's peak building body says.
Master Builders Tasmania executive director Matthew Pollock said some building inspectors and design and construct builder members were also feeling the pinch, with premiums blowing out by between 200 and 300 per cent in the past 12 months.
"And building consultants who have been trying to have their policies renewed for months ... we are hearing reports that their insurers are bringing policy periods forward and may not be renewing policies after 12 months," he said.
Mr Pollock said one member who had been in the building surveying business for 19 years would be closing their doors on Friday due to the rise in insurance premiums and excesses.
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He added that Master Builders Tasmania supported calls by Building and Construction Minister Elise Archer to develop and implement an urgent national response for risk assessment and a rectification strategy for existing buildings with combustible cladding.
The organisation is also calling for a joint government and industry taskforce to oversee urgent and consistent implementation of best practice recommendations across all jurisdictions.
On Friday, Building and Construction Minister Elise Archer said she had met with and listened to building industry representatives since taking on the portfolio and would take their concerns to the Building Ministers Forum in Sydney this week.
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Matt Dennien
Matt Dennien is a journalist at The Examiner, based in Launceston. Contact him via email at matt.dennien@examiner.com.au, or more securely via Signal on +61 437 672 994.
Matt Dennien is a journalist at The Examiner, based in Launceston. Contact him via email at matt.dennien@examiner.com.au, or more securely via Signal on +61 437 672 994.
