If you’re an owner-builder managing your own building or renovation project, you can’t get home building compensation (HBC) cover for your own work, but you can get certificates of HBC cover from tradespeople you contract for work costing more than $20,000 (including GST).

You will need to obtain proof of HBC cover before allowing a tradesperson to start work or paying them any money.

That way, you can make a HBC claim if your tradesperson has died, disappeared or has become insolvent or fails to fix or complete the work because of death, disappearance, insolvency or licence suspension.

If you sell your property within seven years and six months after the owner-builder permit was issued, there must be a consumer warning in the contract for sale.

NSW Fair Trading has more information on becoming an owner-builder.

Visit our making a claim pages for more information on the full claims process.