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.

Metro

Construction Type

01.10.18 – 31.07.19

From 01.08.19

Change

Min. base premium

C01 New Single Dwelling Construction

01.10.18 – 31.07.19

0.95%

From 01.08.19

0.95%

Change

Min. base premium

$200.00

 

C02 Multiple Dwelling Alterations/Additions - Structural

01.10.18 – 31.07.19

0.58%

From 01.08.19

1.22%

Change

 110%

Min. base premium

$200.00

 

C03 New Multiple Dwelling Construction (<= 3 storeys)

01.10.18 – 31.07.19

1.72%

From 01.08.19

2.29%

Change

 33%

Min. base premium

$200.00

 

C04 Single Dwelling Alterations/Additions - Structural

01.10.18 – 31.07.19

0.61%

From 01.08.19

0.67%

Change

 10%

Min. base premium

$200.00

 

C05 Swimming Pools

01.10.18 – 31.07.19

0.67%

From 01.08.19

0.67%

Change

Min. base premium

$200.00

 

C06 Single Dwelling Renovations - Non Structural

01.10.18 – 31.07.19

0.36%

From 01.08.19

0.32%

Change

 52%

Min. base premium

$200.00

 

C07 Other

01.10.18 – 31.07.19

0.41%

From 01.08.19

0.37%

Change

 10%

Min. base premium

$200.00

 

C08 Multiple Dwellings Renovations - Non Structural

01.10.18 – 31.07.19

0.34%

From 01.08.19

0.60%

Change

 76%

Min. base premium

$200.00

 

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

01.10.18 – 31.07.19

2.50%

From 01.08.19

0.95%

Change

 62%

Min. base premium

$200.00

Regional

Construction Type

01.10.18 – 31.07.19

From 01.08.19

Change

Min. base premium

C01 New Single Dwelling Construction

01.10.18 – 31.07.19

0.76%

From 01.08.19

0.76%

Change

Min. base premium

$200.00

 

C02 Multiple Dwelling Alterations/Additions - Structural

01.10.18 – 31.07.19

0.46%

From 01.08.19

1.22%

Change

 165%

Min. base premium

$200.00

 

C03 New Multiple Dwelling Construction (<= 3 storeys)

01.10.18 – 31.07.19

1.38%

From 01.08.19

2.29%

Change

 66%

Min. base premium

$200.00

 

C04 Single Dwelling Alterations/Additions - Structural

01.10.18 – 31.07.19

0.49%

From 01.08.19

0.55%

Change

 12%

Min. base premium

$200.00

 

C05 Swimming Pools

01.10.18 – 31.07.19

0.54%

From 01.08.19

0.54%

Change

Min. base premium

$200.00

 

C06 Single Dwelling Renovations - Non Structural

01.10.18 – 31.07.19

0.29%

From 01.08.19

0.26%

Change

 10%

Min. base premium

$200.00

 

C07 Other

01.10.18 – 31.07.19

0.33%

From 01.08.19

0.29%

Change

 12%

Min. base premium

$200.00

 

C08 Multiple Dwellings Renovations - Non Structural

01.10.18 – 31.07.19

0.27%

From 01.08.19

0.60%

Change

 122%

Min. base premium

$200.00

 

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

01.10.18 – 31.07.19

2.00%

From 01.08.19

0.76%

Increase

 62%

Min. base premium

$200.00