What is renovation insurance and why might you need it?
If you’re planning a big home renovation project, you will no doubt want everything to run as smoothly as possible. Of course, it is always best to plan for unexpected events and potential hiccups, which is where renovation insurance can come in. Here at Bournemouth Constructions, we have extensive insurance to cover any project we work on. However, we still recommend that you look into renovation insurance to make sure that you and your property are covered for every eventuality.
It’s important to note that there is no legal requirement for you to take out renovation insurance, however, as Ideal Home pointed out, if you are undertaking a substantial refurbishment at your home in Bournemouth, Poole, Christchurch or elsewhere in Dorset, you will likely find that your standard home insurance policy is restricted in the event of major building work.
Renovation insurance is a product that is designed to specifically cover all the additional risks that can come with undertaking major works on a property. There are various different levels of renovation cover available and different policies and providers will cover different aspects of a project, so we recommend that you do your research to find the right renovation insurance for your refurbishment.
Among the eventualities a comprehensive policy should cover, however, are the likes of damage to the new building or existing property due to flooding or fire, damage to any neighbouring properties that are the result of the renovation works at your home, and the theft of any building materials, tools or equipment kept at your home during the project. A renovation insurance policy will usually also provide public liability cover, just in case someone should get injured at your home during the course of the renovation works.
Here at Bournemouth Constructions, our team of experienced craftsmen will take all the necessary precautions to minimise the risk of damage to your or neighbouring properties, as well as ensure they adhere to health and safety guidance to keep everyone on site safe
An article for Property Division offered some advice on steps you can take to ensure everyone’s safety when you’re carrying out a home renovation. Among the top tips are to talk to your team of builders (and project manager) about who will have access to the site and keep it to only those who are essential for the work.
to put you in touch with some of our satisfied clients so that you can learn more about how we work and the steps we take to keep every site safe and secure. If you would like to learn more about our work renovating properties in Bournemouth, Poole, Christchurch or the surrounding areas, please contact us today and we will be happy to discuss your project and provide a quote for the work.
