James Cook University in north Queensland is developing an engineering inspection programme that will provide property owners with reports on resilience and vulnerability to cyclone damage.
The initiative is part of a $12.5-million programme funded by the federal government to assess extreme weather risks and insurance premiums for residential buildings in tropical areas of Queensland.
Angela Verhaaf, manager of the JCU’s Strata Title Inspection Program, said insurance companies tended to assume there was a similar risk profile for all buildings. She said that information provided by the JCU inspection programme could lead to reduced premiums for properties that are more resilient to cyclones and storms.
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