Home Building Compensation Fund (HBCF) (formerly called ‘Home Warranty Insurance’) is needed if your a licensed builder or tradesperson in New South Wales and you’re undertaking a home building project quoted at $20,000 or more, including GST.

The builder is legally required to give proof of the HBCF cover to the homeowner they are working for prior to start work or requesting any deposits.

Home Building Compensation Fund covers homeowners in NSW so they don’t suffer financial loss. This could be due to incomplete and defective work as a result of a builder disappearing, dies, becomes insolvent or has a licence suspended.

The cost of Home Building Compensation fund for bathroom renovations is included in our quote.