Home insurance cover at risk when renovating
Renovating an existing dwelling rather than buying or building a new one has become the
popular option for an ever-increasing number of homeowners.
For those who are considering serious home improvements it’s important to know that
your home policy covering the dwelling and contents may fall short of the cover required
whilst building work is being undertaken.
Insurers accept the risk of a home insurance policy on the assumption that it is:
- An intact building,
- Will not have part or all of its roof removed.
- Will not have some of its stumps or part of the foundations temporarily weakened
- or removed.
- Will not have any of the external walls opened or removed.
Depending on the Insurer and their policy wording, you may find that the cover on your
home is limited to some extent whilst alterations and additions are being carried out.
Before commencement of renovation work it is advisable to obtain the precise details of
your builders insurance as it affects you. It’s also recommended that you contact us so
that changes, if required, can be made to your existing insurance to accommodate the new
circumstances.
