Building Indemnity Insurance is a statutory required insurance product which is required in most states for building work contractors carrying out domestic building contracts.
This product is also known as Builders Warranty Insurance, Home Warranty Insurance, Domestic Building Insurance or DBI and has varying Insurance requirements state to state.
In South Australia, Webber Insurance is a QBE approved distributor for Builders Indemnity Insurance. Any domestic building work over $12,000 that requires council approval will need Building Indemnity Insurance.
Further details from the SA Government can be found here.