Home Building Compensation
New South Wales (NSW) Home Building Compensation is managed by icare HBCF (Home Building Compensation Fund).
Need cover?
First, you need current Eligibility approval from icare HBCF. Visit the icare HBCF website, create an account and submit your application via their direct Builder portal.
Once you’ve received Eligibility approval confirmation from icare HBCF, you can submit applications for job specific cover within the same icare HBCF Builder Portal .
If you are an existing client, we encourage you to commence use the icare HBCF Builder Portal for all new job specific applications. In the event you have not yet gained access to the new portal you can still submit your applications via our office until August 2026.
Calculating your HBCF premium
For project certificates issued from 1 November 2025, use our HBCF premium calculator below to determine the premium required. Premiums are set by HBCF. You will need to the postcode for the site address, the contract value inclusive of GST and your icare HBCF individual premium rating. This can be viewed in the icare HBCF Builder Self-Service Portal.
Project forms
Our promise to you
Our customers, and the building and construction industry, are at the heart of everything we do. We make it our top priority to give you expert advice and make the process as easy and quick for you as possible.
FAQ’s
NSW Policy Wording
NSW Home Building Compensation Fund (Home Warranty Insurance) covers the Homeowner in the event the Builder or Contractor dies, disappears, becomes insolvent, or has a non-compliant NCAT or Court money order which results in their building license being suspended.
The full Home Building Compensation Fund policy wordings are noted below; please refer to the policy date of issue to establish which is applicable.
- HBCF Policy Wording for Residential Work (1 June 2018 – current)
- HBCF Policy Wording for Residential Work (15 January 2018 – 31 May 2018)
- HBCF Policy Wording for Residential Work (1 February 2012 – 14 January 2015)
- HBCF Policy Wording for Residential Work (1 July 2010 – 30 January 2012)
Related links
- HBCF Construction Types | Quick Reference Guide
- NSW HWI Fees and charges
- HBCF Builder Self Service Portal
- HBCF Builders Self Service Portal User Guide
- icare HBCF eligibility guidelines
- Home building compensation - SIRA
- Fair Trading NSW | Building, trade and specialist licences and registrations
- icare HBCF Builder Self Service Portal