Why is renovation insurance so important?

Property renovations are exciting. From extending your kitchen to converting the loft, improving a home enhances your quality of life and can even add to its value. However, when you’re making major changes to your home, you need renovation insurance – and that’s where we come in.

People often don’t realise they need house renovation insurance until it’s too late. Many believe that builder’s insurance will cover any accidents, which often isn’t the case. And with standard home insurance rarely covering costs, you need specialist building renovation insurance.

We understand the problems that can derail renovations. Whether that involves floods, theft or injury, there’s a lot to consider. With us, you can get started with confidence that you’ve got the right protection.

What projects need renovation insurance?

If you’re doing structural work that’s not a self- or new-build project, you’ll likely need home or commercial renovation insurance. This includes:

• Conversions, such as barns, basements and lofts
• Extensions
• Internal home renovations

What our renovation insurance policy covers

Understanding exactly what level of house or building renovation insurance cover you need is key. Make sure you consider all the potential risks that might crop up in your upcoming project.

Internal renovations

Internal renovations are interior changes that don’t involve extending the building. They can include switching up your doors or replacing an entire kitchen. Finding the right fixtures and fittings costs time and money. Unlike standard buildings insurance, our home renovation insurance covers these materials as soon as they’re delivered.

Although internal renovations might not feel as drastic as structural or major renovation projects, they can still cause you hassle. The possibility of accidents or even theft can make these projects tricky to navigate, giving you an incentive the secure the right level of cover.

Structural renovations

Examples of structural changes include removing internal walls, replacing windows or having extensive roof repairs. All structural work must be covered with the right house renovation insurance. Doing so will protect the new building, existing structure and neighbouring properties.

You’ll likely be working with multiple contractors. Having the right building renovation insurance in place can help remove the stress of potential claim disputes from contractors with separate policies. It can also protect you if the structure of your property becomes compromised in the process.

Major renovations

If you’re piling, doing basement excavations or demolition work, you might need to move out of the property for a short while. An unoccupied building might not get cover from standard buildings insurers; come to us and we’ll provide home insurance during renovations instead.

Our Premier Plus Policy is our most extensive insurance level. With added cover for accidental damage and subsidence on top of the features included in our Premier and Standard home renovation insurance options, it’s a good choice for major projects.

Your choice of cover level

We offer three levels of cover to suit your needs:

• Standard – offering essential protection against limited risks
• Premier – providing a wider range of cover, suitable for small- to medium-sized projects
• Premier Plus – covering ‘all risks’ and best for larger, more complex renovation projects.

You can see how each level of cover compares to ensure you make the most suitable selection.

Why choose Renovation Plan for your building renovation insurance?

We have 20 years of experience as renovation insurance brokers to our name. We’re well-placed to support you on your renovation insurance cover journey. Many of our customers have given us a five-star rating on Feefo. We put customer service at the forefront to ensure we’re one of the best home renovation insurance providers on the market.

Need more information? Speak to our friendly team by dropping us an email at info@renovationplan.co.uk or calling 01621 784840.

What we need to know to get you covered

Before we offer a quote for renovation insurance, we want to get to know you and your project. We just need the following details to help us find the right cover for you:

• Your project start date
• Details of the renovation work
• How long the works are expected to take
• The overall costs
• Details regarding the existing structure, including the rebuild cost