Tips on choosing insurance to protect your self build home. Slaying the site insurance myth – insurance and warranty specialists at Self-Build Zone list the top 12 site insurance misconceptions.
Compared to, say, choosing a building system, insurance is probably one of the dullest products out there and one that certainly isn’t going to be initially high on your radar. However, it’s only when you have been targeted by an arsonist or been on the end of a serious theft that you can truly appreciate just how important site insurance can be.
Most site insurance provides all the critical risk control elements in one straightforward package. It should be taken out from the moment you exchange contracts on your plot, where you have a Public Liability exposure, and then continue to cover the plant on site, workers, materials and the works in progress right up to the point you move in. Site insurance is usually based on the professional reinstatement cost and runs 3, 6, 9, 12, 18 or 24 months, or until the project is completed. Here are the top 12 misconceptions (Original article published on Alan Corefield Architects).
Do I need structural warranty for my new home?
You will need a structural warranty insurance policy to gain protection against any fundamental structural problems with a new building, typically for up to 10 years after completion. Read More
What is site insurance?
Whether you are doing a self build, renovation, or extension, don’t forget about the importance of specialist site insurance, it will save you money and time if things take a turn for the worse on-site, or further down the line. After all, building or renovating your own home is the single biggest investment you make in your life, why ignore specialist insurance? Read More
Achieving the gold standard in energy-efficient self-build homes
Soaring energy prices have been making headlines daily, but for some households, heating bills aren’t much of a worry. These are residents of Passivhaus homes – homes that are built – or retrofitted – to an internationally recognised “energy and comfort standard”, which typically involves very high levels of insulation, triple-glazed windows, and an airtight, draught-free structure. Read More
Your self-build and extension insurance questions answered
If you’re in the planning stages of a self-build housing project or a home extension, insurance considerations need to be made to ensure you have the right cover in place before work starts and throughout the build period. This blog covers the most common questions around site insurance and the importance of not relying on your existing building insurance policy or your builder’s insurance. Read More