Builders who are undertaking domestic building works greater than $16,000 in the state of Victoria are obliged to take out a DBI policy on behalf of their client. Works that require such a DBI policy include:
Construction of a domestic dwelling, including ancillaries such as swimming pools, fences and landscaping.
Renovation of a domestic dwelling, the works of which are worth over $16,000. Demolition of a domestic dwelling.
The provision of sewage works, air-conditioning/ heating works and lighting works, the price of which is over $16,000.