Auswide Insurance Brokers

  When embarking on a new build, renovation, or extension project, one of the most important — yet often misunderstood — aspects is Home Building Compensation Fund (HBCF) insurance . For homeowners and builders alike, understanding what HBCF is and why it’s compulsory for most residential projects over $20,000 can save time, stress — and potentially thousands of dollars. At Auswide Insurance Brokers , we often get asked: “Do I really need this insurance?” The short answer is yes — and there’s a very good reason why it’s mandatory . What Is HBCF? The Home Building Compensation Fund (HBCF) is a government-mandated insurance scheme in New South Wales designed to protect homeowners when building work doesn’t go as planned. It provides a financial safety net if your builder or contractor can’t complete or fix work they’ve been contracted to do — particularly in situations where the builder: Becomes insolvent (goes bankrupt), Dies or disappears, Has their licence suspended due to failu...

  Choosing the right broker can make a world of difference when it comes to protecting your assets, business, or future. Whether you’re searching for insurance, financial services, or investments, finding a trustworthy broker is key to peace of mind and long-term success. At Auswide Insurance Brokers , we know how critical that trust is—so here’s a practical guide to help you find a broker you can truly rely on. 1. Check for Licensing and Accreditation The first step is to ensure the broker is licensed and authorised to operate in your region. In Australia, insurance brokers must be registered with ASIC (Australian Securities and Investments Commission) and usually hold an AFSL (Australian Financial Services Licence) . Tip: Ask for their licence number or verify it directly on the ASIC website. 2. Look for Industry Experience A broker with years of experience in the industry is more likely to understand the nuances of your needs—whether personal, business, or specialist insur...

  Running a business comes with its fair share of risks — from accidental damage and theft to severe weather events that can halt operations in a moment. While insurance might feel like just another business expense, commercial property insurance could be the difference between a quick recovery and a complete shutdown. At Auswide Insurance Brokers , we’re often asked: “Is commercial property insurance really necessary?” In this article, we break down what it covers, when it's required, and why smart business owners consider it a must-have. What Is Commercial Property Insurance? Commercial property insurance protects your business’s physical assets — including buildings, equipment, stock, furniture, and sometimes even loss of income if you're forced to temporarily close. Depending on your policy, it may cover: Fire and storm damage Theft or vandalism Equipment breakdown Accidental damage Business interruption (optional) It’s important to note: this coverage applies whether yo...