Home Warranty Insurance

State: Victoria

Cover Built for the Way You Work

Home Warranty is the Victorian Government’s statutory scheme for eligible domestic building work, providing protection to homeowners when eligible work is incomplete, defective or non-compliant. MBIB is one of four BPC-approved distributors and our specialist team can assist builders with their Home Warranty requirements.

COVER FOR

Incomplete domestic building work

Defective domestic building work

Non-compliant domestic building work

Eligible circumstances where a builder is unable or unwilling to complete or rectify the work

What is Home Warranty?

Mandatory Threshold: Home Warranty applies to eligible domestic building work valued at more than $20,000 for eligible contracts signed on or after 1 July 2026

Cover types: Incomplete work, Defective work, Non-compliant work, Builder unable or unwilling to complete or rectify eligible work, Maximum assistance of up to $400,000 per home (subject to eligibility, limits and exclusions)

Home Warranty commenced in Victoria on 1 July 2026 and replaced Domestic Building Insurance (DBI) for new eligible domestic building work.

Home Warranty may provide broader protection than the previous DBI scheme, including where eligible work is incomplete, defective or non-compliant and the builder is unable or unwilling to complete or rectify the work. It is not limited to circumstances where a builder has died, disappeared or become insolvent.

For eligible work, cover may apply for up to 6 years for major defects and 2 years for other defects and non-compliant work, subject to the applicable requirements, limits and exclusions. The maximum assistance available is $400,000 per home, subject to eligibility, limits and exclusions.

What happens to existing DBI policies?

DBI continues to apply to eligible work covered under the previous scheme. If your DBI Certificate of Insurance was issued before 1 July 2026, your existing DBI policy continues under its original terms and conditions and does not transfer to Home Warranty.

Builder Requirements

Builders undertaking eligible domestic building work must comply with the BPC’s registration and financial requirements.. Home Warranty applications and related insurance activities are managed through the BuildVic portal, which is separate from the BPC registration portal.

Building and Plumbing Commission Home Warranty helpful links:

Building and Plumbing Commission – Registration requirements

BuildVic – Home Warranty Portal

KEY BENEFITS

MBIB is one of four BPC-approved distributors

48 hour turnaround on job specific applications

Dedicated specialist Home Warranty team

Proactive eligibility limit management

Our Eligibility team is unique within the market

Our Eligibility team is responsible for assisting you with initial eligibility applications and ongoing eligibility reviews, as well as attending to your general queries about Domestic Building Insurance.

We are committed to providing you with a comprehensive service, ensuring that all eligibility enquiries actioned are within our service standards. We also conduct pre-submission quality assurance reviews to guarantee that all eligibility review submissions meet the requirements of the various states and territories.

Our recruitment for eligibility personnel focuses on financial literacy and experience, rather than just a general insurance background. We seek degree qualified, skilled professionals with experience in insolvency, accounting and finance. This allows us to have effective conversations with you and your appointed accountants or financial advisors, so that we achieve quality and realistic outcomes for you.

We take a proactive approach that often involves an education element (for you and your accountant or financial advisor) to ensure you understand the Domestic Building Insurance process. We advise how you can position your business to balance your responsibilities under your state-specific scheme and your future plans for your business.

Ready when you are