HBCF premiums | Home Building Compensation Fund (HBCF) | MBA Insurance Services (MBAIS) | Homeowners Insurance | Home Warranty Insurance New South Wales

What are the new HBCF premium rates?

The base premium rates applicable (as a percentage of contract price) are detailed in the below tables.

Please note that the below premium rates do not include broker fees, GST or stamp duty and do not take into effect your risk-based pricing factor.

The remaining rate changes scheduled for 2018 are subject to approval from State Insurance Regulatory Authority (SIRA) and have not yet been released.

Metro

Construction Type

03.10.17 – 30.06.18

From 01.07.18

Increase

Min. base premium

C01 New Single Dwelling Construction

03.10.17 – 30.06.18

0.66%

From 01.07.18

0.95%

Increase

 44%

Min. base premium

$200.00

 

C02 Multiple Dwelling Alterations/Additions - Structural

03.10.17 – 30.06.18

0.58%

From 01.07.18

0.58%

Increase

Min. base premium

$200.00

 

C03 New Multiple Dwelling Construction (<= 3 storeys)

03.10.17 – 30.06.18

1.72%

From 01.07.18

1.72%

Increase

Min. base premium

$200.00

 

C04 Single Dwelling Alterations/Additions - Structural

03.10.17 – 30.06.18

0.58%

From 01.07.18

0.61%

Increase

 5%

Min. base premium

$200.00

 

C05 Swimming Pools

03.10.17 – 30.06.18

0.66%

From 01.07.18

0.67%

Increase

 2%

Min. base premium

$200.00

 

C06 Single Dwelling Renovations - Non Structural

03.10.17 – 30.06.18

0.34%

From 01.07.18

0.36%

Increase

 6%

Min. base premium

$200.00

 

C07 Other

03.10.17 – 30.06.18

0.34%

From 01.07.18

0.41%

Increase

 21%

Min. base premium

$200.00

 

C08 Multiple Dwellings Renovations - Non Structural

03.10.17 – 30.06.18

0.34%

From 01.07.18

0.34%

Increase

Min. base premium

$200.00

 

C09 New Duplex, Dual Occupancy, Triplex and/or Terrace (attached) Construction

03.10.17 – 30.06.18

1.72%

From 01.07.18

2.50%

Increase

 46%

Min. base premium

$200.00

Regional

Construction Type

03.10.17 – 30.06.18

From 01.07.18

Increase

Min. base premium

C01 New Single Dwelling Construction

03.10.17 – 30.06.18

0.53%

From 01.07.18

0.76%

Increase

 44%

Min. base premium

$200.00

 

C02 Multiple Dwelling Alterations/Additions - Structural

03.10.17 – 30.06.18

0.46%

From 01.07.18

0.46%

Increase

Min. base premium

$200.00

 

C03 New Multiple Dwelling Construction (<= 3 storeys)

03.10.17 – 30.06.18

1.38%

From 01.07.18

1.38%

Increase

Min. base premium

$200.00

 

C04 Single Dwelling Alterations/Additions - Structural

03.10.17 – 30.06.18

0.46%

From 01.07.18

0.49%

Increase

 5%

Min. base premium

$200.00

 

C05 Swimming Pools

03.10.17 – 30.06.18

0.53%

From 01.07.18

0.54%

Increase

 2%

Min. base premium

$200.00

 

C06 Single Dwelling Renovations - Non Structural

03.10.17 – 30.06.18

0.27%

From 01.07.18

0.29%

Increase

 6%

Min. base premium

$200.00

 

C07 Other

03.10.17 – 30.06.18

0.27%

From 01.07.18

0.33%

Increase

 21%

Min. base premium

$200.00

 

C08 Multiple Dwellings Renovations - Non Structural

03.10.17 – 30.06.18

0.27%

From 01.07.18

0.27%

Increase

Min. base premium

$200.00

 

C09 New Duplex, Dual Occupancy, Triplex and/or Terrace (attached) Construction

03.10.17 – 30.06.18

1.37%

From 01.07.18

2.00%

Increase

 46%

Min. base premium

$200.00