Help centre
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What is an owner builder?
An owner builder is someone who takes on domestic building work or renovations on their own property, but is not a registered builder or part of the building industry.
For more information, visit Being an owner builder.
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As an owner builder, do I need to apply for Domestic Building Insurance (DBI)?
Yes, if you’re planning to sell a home you’ve built or renovated, you must purchase DBI if:
- The building work was valued over $16,000, and
- You plan to sell the property within 6.5 years of completing the work
You must take out DBI before signing a contract to sell the property.
If the property doesn’t sell, you may be able to cancel the policy and apply for a refund.Not sure if you need DBI? It’s best to seek legal advice before proceeding.
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What is the process for obtaining DBI as an owner builder?
To apply for Owner Builder DBI, contact a DBI Distributor below to discuss and obtain an application form.
DBI distributor Contact number Email Bovill Risk & Insurance Consultants Pty Ltd 1800 077 933 bric-warranty@bric.com.au CCM Insurance Group Pty Ltd 03 9853 4688 dbi@ccminsurance.com.au HIA Insurance Services Pty Ltd 1800 633 467 hiaisdbi@aon.com Master Builders Insurance Brokers Pty Ltd 1800 150 888 dbi@mbib.com.au -
Do I receive any benefits under the policy as an owner builder?
No, as an owner builder, you do not receive any benefits under the DBI policy. DBI only provides cover to the future owner/s of the property.