IF you are renovating, repairing, extending or converting a property then you may well need specialist Renovation Insurance.
If you are simply putting in a new bathroom or painting a bedroom then you should be fine with standard home insurance. Generally if you are still living in the home and it is pretty cosmetic and non-structural then a normal home insurance will still apply.
The time you will need Renovation Insurance is when you are doing serious and normally structural work to a building. If you are putting on a new roof, gutting and then rebuilding, moving walls, building works or even have a large amount of plant and machinery on site, then you may well need specialist insurance.
If you are off site while the renovation is taking place then you will need specific insurance to cover not just the value of the building and any contents, but the plant, machinery, bricks, tiles, insulation, kitchen units etc. that are all on site.
This is very specific insurance because the risk may well be quite high. If you have £10,000 worth of a kitchen in boxes in a house without windows or doors then it is much more likely to be stolen, regardless of the wire mesh fence and stay out signs on display. The same goes for the plant you may hire – the little digger may be ideal for groundwork but the local joyriders may think it is ideal for something else.
Most big name insurance providers and comparison sites will simply not be able to cope with such demands, they are made to supply cheap prices for home insurance to the masses that are not renovating or doing anything else. That’s why you will need a specialist.
Go to The Property Insurer and click on the tab for Renovation Project Insurance. It will take you through to a very specialist provider with years of experience supplying renovation insurance with an excellent record and some of the best prices and policies you could need.
It is a quick process to get a quote and can be done online, so make sure you have the right insurance in place if you are doing a renovation or conversion.
The Property Insurer