Builders warranty insurance

Builders warranty insurance (also known as Home Warranty Insurance, Domestic Building Insurance or DBI) is a statutory product which is required in most states for builders carrying out domestic building contracts. 

Protects the home owner (including subsequent owners) against:

• Non completion of the building contract, including loss of deposit;
• Incomplete or defective building work if the builder becomes insolvent, dies or disappears on the job; and
• Failure of the builder to correct faults which are the builder's responsibility by law, such as poor workmanship and the use of inappropriate or unsuitable materials.