From 1 November 2025, icare HBCF will be making some adjustments to the premium base rates. Premium rates are regularly reviewed to ensure the HBCF scheme remains financially sustainable and can continue to protect NSW homeowners.
What’s changing?
H01 — an increase in base rates
H02 — there is no change in base rates
H03 — an increase in base rates
H04 — there is no change in base rates
H05 — an increase in base rates
In line with Home Building Regulation 2014, there is a maximum liability cap of $340,000 per certificate to prevent the cost of insurance exceeding the risk amount insured.
Premium rates for H0 Construction Types
Effective 1 November 2025
Metro Base Rate
Rural Base Rate
Note: A 20% discount applies to building projects in rural areas.
HBCF Premium Calculator has been updated
icare HBCF have updated the premium calculator on their website to now include the new rates so you can forecast pricing for when it comes into effect on 1 November 2025.
We’re here to help
If you have any questions on how these premium changes will impact you, you can email us at team@hbwsolutions.com.au or call us on 02 8075 0975