Renovation insurance for properties undergoing building works
Whether you are having large-scale building works or smaller renovation work done, we can cover a wide variety of scenarios. When you quote with CoverBuilder we’ll look at your specific scenario and return cover and a premium based on your needs. All our quotes are 100% online with instant decisions on price.
Renovation works at the property whilst you continue living there
- Accidental damage cover available as long as the damage is not caused by, or connected to, the renovations. (see below)
- Full cover available and not restricted to Fire, Lightening, Explosion, Aircraft (FLEA)
- Theft cover provided if there is a sign of forced or violent entry
- 2 million public liability cover included as standard
- Cover for properties having up to £200,000 of building works
- Acceptance of a wide range of projects including extensions, loft conversion and structural work.
- 100% online quote with an instant decision and premium tailored to your situation.
Renovation works at the property and the property is unoccupied
- FLEA cover available for duration of renovations, up to work value of £200,000
- Theft cover provided as a result of forced or violent entry
- Wide acceptance of projects including extensions, loft conversions and structural work.
- 2 million public liability cover included as standard
- Allowance for properties left unoccupied long-term
- The policy can be converted to standard occupied policy and pro-rata refund issued when works are completed
Accidental damage cover option
If you are to remain living at the property throughout the works, you are able to select the Accidental Damage optional cover during the quote to protect your property and contents whilst building works are on-going.
Examples of when you could and couldn’t claim.
COULD: You have works on-going at the property to remodel your kitchen, you spill red wine on a front room cream carpet, you can claim for the carpet damage.
COULD NOT: A workman drops tools onto your kitchen work surface and cracks it. This would need to be claimed via the 3rd party trade policy the builders have in place, through the building company.
MORE ABOUT HOME INSURANCE DURING RENOVATION
Do I need home renovation insurance?
Even with the greatest of planning and care, refurbishment/renovation works to your property increase the chance of damage. Your insurer will, therefore, need full details of the confirmed or tentative work being carried out. This will then allow the insurer to review your premium accordingly.
With many ‘standard’ policies your cover is reduced to the very basic level of risks such a Fire, Lightening, Explosion, Earthquake and Aircraft. At CoverBuilder we aim to be able to cover the property in full and the contents within, especially if you remain in residence while the works are completed (this is subject to individual circumstances).
What information do I need when quoting for my insurance?
- The value of works. How much are you planning to spend on the renovations?
- Nature of construction and renovation. What works are being planned e.g. painting and decorating or a double-storey extension?
- What impact will the construction and renovation have on the size of the property?
- Timescale. When is the work due to start and finish?
- Contractors and tradespeople. Will a professional complete the work or are you planning to conduct the work yourself?
- Contract. Do you have a physical agreement in place with your contractor?
- Public liability insurance. Do your contractors have public liability insurance?
- Planning permission. Do you have the necessary planning consent for building works? If your property is a Listed Building then you will need consent from the relevant authorities to make any alterations.
What type of building work is allowed
– Extensions to property
– Loft Conversions & Extensions
– Whole house rewire
– Full kitchen replacements
– Bathroom replacements
– Removing interior walls
– Wall rendering
– Driveway/Garden landscaping
– Outbuilding conversion
– and more…
Informing Insurance Company of Building Works
You will be required to inform your insurer of any cosmetic renovations you make to your property, this includes painting and any kitchen/bathroom replacement. You will particularly need to inform your home insurer of any structural, electrical or plumbing alterations to the property, to ensure the validity of your home insurance policy in the event of damage during this time. Home insurance while building extensions is particularly important due to the increased risks that this can mean for your home.
I’m not going to be residing in the property during the renovation. Do I need to inform my insurer?
As standard, a household policy will only provide cover for a property that is vacant up to 30 consecutive days. If you are going to be moving out of your property for a longer period of time during your building works then you will need to inform your insurer. Based on this they can either alter your policy or advise you to replace it with more suitable specialist cover, for example unoccupied buildings insurance. Failure to do so could result in you running into difficulties should a claim be made.
Do I need renovation insurance?
Insurance for renovations will not necessarily be covered by your standard household policy, which is why we created our dedicated renovation cover. At CoverBuilder we don’t want anything to overshadow the exciting plans for your home. Hassle-free quoting, affordable premium and comprehensive cover from reputable UK insurers, are just some of the benefits you’ll experience with us.
Make sure you are covered when builders are working on your home
Although it is vital that you liaise with your home insurance company regarding any potential building works that you have planned for your home, it is equally important to check that your builders are suitably covered for the work. Generally, although renovation home insurance policies will cover you and your home, their cover will not be able to extend to protect the builders and their work – find out more here