Far from standard.

HomeWorks

Residential Building Works home insurance

The Existing Structure

Why HomeWorks? When notifying their current household insurer of a significant home renovation, particularly where insurance cover is prescribed by contract, homeowners can frequently find themselves faced with numerous difficulties.

Home insurers are often unable to accept the risk of insuring what is effectively a building site with all the inherent risks that then brings:

  • Removal of doors, windows and roofs,
  • Delivery of plant and machinery,
  • An increased number of individuals with access to the property,
  • The application of heat during the works,
  • Debris

Depending on the circumstances, some insurers will look to stop covering the property and come off risk.

Alternatively, an insurer may provide some cover on the existing house but this is usually on a vastly reduced and highly restricted basis. This then puts the homeowner at risk of being in breach of any contractual obligations that may apply to the contract.

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Plum Underwriting Ltd is authorised and regulated by the Financial Conduct Authority No 309166. Registered at 50 Fenchurch Street, London, EC3M 3JY. Company number 04509589.

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