QBE Australia has revised its Fire Services Levies (FSL) for risks located in the areas protected by the New South Wales authorities.

The following table outlines the new levies which are effective 15th March 2014.

Any new business quoted by QBE on or after that date will have the new FSL rates applied.

Levy

NSW

Fire / ISR / Consequential Loss

28%
(previously 31.5%)
 

Construction Risk
 

28%
(previously 31.5%)
 

Householders & House owners

15.5%
(previously 17.5%)
 

Motor

0.5%
(previously 1.0%)
 

The levy for NSW includes the statutory contributions system for the funding of the NSW State Emergency Services (SES).