Home Builders Compensation Fund Insurance (HBCF)

HBCF Reforms

Based on actuarial estimates, on 30 June 2016, the HBCF Insurance Scheme was $375.8 million in deficit. To ensure it can continue to protect homeowners into the future, the HBCF announced reforms in November 2016. Reforms will involve changes to the way HBCF Insurance premiums are calculated.

You can find out more information about what the reforms will mean for you by speaking with your Coverforce Insurance Broker, or by visiting the iCare HBCF website.

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