We do provide cover, as agent for Insurance and Care NSW (which is responsible for managing the Home Building Compensation Fund (HBCF) on behalf of the NSW Self Insurance Corporation).
The HBCF covers homeowners for loss of deposit, incomplete and defective building work if their builder dies, disappears, becomes insolvent or fails to satisfy a money order (resulting in the suspension of their licence by NSW Fair Trading). It’s a requirement for most residential building work valued over $20,000 (other than the construction of new buildings of more than three storeys, containing two or more dwellings).
Please contact your authorised broker or QBE representative if you need cover.
For more information on NSW eligibility and other requirements visit Home Building Compensation Fund.