Domestic Building Insurance (DBI) is a mandatory requirement for certain residential building projects in Victoria, but it only responds in limited circumstances. In this episode, we explain how DBI works, what triggers a policy, what it can cover, and the limits that apply to claims.

The episode also covers why DBI is described as insurance of last resort, how coverage caps operate, the timeframes homeowners need to be aware of, and the role of the Building and Plumbing Commisison and Victorian Managed Insurance Authority in administering policies. This content is educational and designed to help homeowners understand how DBI fits into the broader building and construction framework.

This episode is general information only and is not legal or insurance advice.