What is dbi insurance?

Dbi insurance stands for Domestic Building Insurance, it is for the domestic use. It offers the cover up for the householders in Victoria who are building a home or renovating a home. Then the builders are advised to buy the dbi on behalf of the house holder for the building projects of domestic over $15,000. This insurance is the warranty of the house that covers up the many risks like construction work is incomplete, the building disappears before completion, a building becomes defective and the builders have died before the completion of the building.
For applying for the dbi you can take an application form and apply for dbi insurance and after filling the application form you have to submit it to the required place. By the specific process you can purchase the dbi insurance and get the benefits at the time of risks and damage from the dbi insurance.