Builder Registration: Understand the Essential Certificate of Currency Requirement


As you embark on your journey to upskill and advance in the construction industry, it’s a good idea to understand the ins and outs of builder registration. In this blog post, we’ll delve into one essential aspect: the Certificate of Currency. 

At Builders Academy Australia, we offer flexible study options, including online and evening classes, to help you prepare for your DB-U Licensing Exam and pave the way for a successful career. Let’s explore the significance of the Certificate of Currency, its role in building insurance, and how it impacts your registration as a builder.

What is a Certificate of Currency in Building Insurance?

When it comes to building insurance, the Certificate of Currency serves as proof that you, as a builder, hold the necessary insurance coverage. It demonstrates that you have valid and up-to-date insurance policies in place, which is a critical requirement for obtaining and maintaining your builder registration.

Why is it important?

Compliance with legal and regulatory requirements

Builder registration requires adherence to various legal and regulatory obligations. One such requirement is obtaining and maintaining adequate insurance coverage. The Certificate of Currency acts as evidence that you meet these obligations, ensuring compliance with industry standards.

Protection for you and your clients

Building projects involve risks, and having the right insurance coverage protects both you and your clients. In the event of unforeseen circumstances or incidents, such as property damage or personal injury, proper insurance coverage provides financial protection and peace of mind for all parties involved.

Building trust and professionalism

Holding a valid Certificate of Currency enhances your professional reputation and creates confidence in your clients. It demonstrates your commitment to maintaining high standards, professionalism, and accountability throughout the construction process.

What is the role of the Certificate of Currency?

The Certificate of Currency plays a crucial role in the builder registration process and beyond. Here’s how it impacts various aspects of your career:

Builder registration

Aspiring builders must provide a Certificate of Currency as part of their registration application. This requirement ensures that builders are adequately covered by insurance, promoting consumer protection and industry integrity.

Tendering and contracting

Many clients and project owners require builders to present a valid Certificate of Currency when tendering or entering into contracts. It serves as evidence of your financial responsibility and the ability to fulfil contractual obligations.

Building permits and licensing

Local authorities and licensing bodies often request a Certificate of Currency before granting building permits or renewing licences. Compliance with insurance requirements is crucial for obtaining the necessary approvals to commence construction projects.

Building Registration

Frequently asked questions

Let’s address some common questions about the Certificate of Currency and its relation to building insurance:

What insurance policies are typically included in the Certificate of Currency?

The specific insurance policies required may vary, but they commonly include public liability insurance and domestic building insurance. Public liability insurance covers third-party property damage or personal injury claims, while domestic building insurance protects homeowners against defective or incomplete work.

How often should I renew my Certificate of Currency?

The Certificate of Currency must be renewed annually or as stipulated by your insurance policies. It’s crucial to stay vigilant and ensure that your insurance coverage remains valid and up to date throughout your builder registration period.

Choose Builders Academy Australia for DB-U Licensing Exam Success

At Builders Academy Australia, we understand the importance of comprehensive training and industry knowledge for your success as a builder. Our flexible study options, including online and evening classes, cater to your busy schedule, allowing you to pursue your career goals while upskilling. With our tuition fee-free study options, you can access quality education and prepare for your licensing exam without financial barriers.


Ready to unlock your full potential and become a licensed builder? Choose Builders Academy Australia as your trusted training partner. Let’s build your future together! Contact us now to explore our comprehensive training programs and take the first step toward achieving your professional goals.