Building Indemnity Insurance is a statutory requirement 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 the requirements vary from State to State.
In South Australia, Webber Insurance Services is an approved distributor of both QBE and AssetInsure for Building 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.