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Deferral of icare HBCF premium increases to 2 October 2018

icare HBCF have deferred the scheduled NSW premium warranty increases from 1 July 2018 to 2 October, 2018. 

After listening to feedback from builders, the HIA and ourselves, icare HBCF have have agreed that it is reasonable to give the industry more time to incorporate the premium increases into their forward pricing. As a result of this feedback, a decision was made late on 29 June to defer the premium increases.

No increase to Individual Builder Rating until 2 October

Deferral of this premium increase means that a builder’s previous premium charts are still applicable, and correctly reflect their individual Builder Rating.

We’ll keep you updated 

We’re working closely with icare HBCF to ensure we provide our clients and members of the industry with the latest information and updates as soon as we receive them.

HIAIS will continue to provide your business with efficient and a high level of service in managing these changes to ensure that there is minimal impact to the day to day running of your business:

  • Expertise: Our deep understanding of the underwriter’s requirements enable us to support your business to adequately address underwriting requests, so you can focus on generating profit for your business.
  • Efficiency: 24 - 48 hour delivery of certificates^
  • Business growth: We’ll help you frame a growth-driven business case to achieve your desired turnover limit.

We’re here to help

If you would like to learn more about the Home Warranty changes contact HIAIS on 1800 633 467 or visit www.hiainsurance.com.au 

^Provided you have an approved profile with the insurer, and subject to peak periods.

1800 762 872