Abstract: A drill bit is provided for drilling holes in hard, reinforced material, including reinforced concrete. According to one aspect of the invention, wear-resistant inserts are provided in a cross-shaped pattern. The inserts ensure that the entire bottom surface of the drilled hole is engaged during each drill bit revolution. The inserts may be secured in pockets or slots. Fluid entry ports may be located between the inserts for efficient handling of drilling fluid and removal of drilled material, without impairing the structural integrity of the drill bit. According to another aspect of the invention, the drilling surface is separated into two or more stages to increase drilling efficiency, especially through composite material such as reinforced concrete.