Site insurance is of fundamental importance when investing your money into property especially as the sums are almost always five or six figures. Whether your project is a conversion, renovation, extension or a new build you will invariably need comprehensive protection for both the building and the rest of the site.
Site Insurance is essentially the same cover as you would expect a Professional Contractor to have and it should be in place from the moment you exchange contracts on your plot. You must protect the existing structure (if there is one) as well as all the new work against such losses as fire, theft, flood, storm damage, vandalism and accidental damage. Don't just rely on your standard building insurance to cover the cost of any loss as, more often than not, they will not pay out on a loss involving a property under development.
Your builder may have insurance, but find out if it extends to cover the entire project including the work in progress and liability. The Contractors cover may finish when they leave your site even though you may still be finishing off the project yourself. Dont rely on your builders word for it check their policy for yourself!
We can also cover your contents, whether they are in your rented accommodation or spread between your caravan and a storage location.
For further information, read the package breakdown detailed on our website. If you have any questions, please call our experienced advisers on 0845 230 9874 or, for a full quotation, visit the website.
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