Homeowners Contract Works Insurance

Plans agreed, contractor appointed, then it’s time to start thinking about insurance! Now I appreciate this isn’t the most interesting of subjects, but it is imperative you get this part correct. It’s my goal to talk you through the basics of contract works/renovation insurance because in my experience no homeowner truly understands their exposure until it is too late!

In its simplest form, contract works insurance protects the works in progress (until completion) including the existing structure (only under a homeowner’s contract works policy), materials yet to be fitted (including in transit), liabilities and plant/tools. It can also be extended to include unintentional damage to neighbouring properties. The perils include fire, flood, storm, accidental/malicious damage and theft.

To read the rest of our Factsheet, please click here: Homeowners Contract Works Insurance

Author: Carl Sharp | July 6th, 2017

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Carl Sharp
Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767   info@macbeths.co.uk