Insurance Guide: What Every Homeowner and Builder Should Know
Insurance can feel like a maze, especially when you’re fixing a roof, renovating a kitchen, or dealing with a busted pipe. The good news? You don’t need a degree to get the basics right. Let’s break down the key types of cover, the common gaps, and how to make a claim without unnecessary stress.
Homeowners Insurance: The Core Coverage
Most UK policies protect your dwelling against fire, flood, theft, and accidental damage. They also cover personal belongings inside the house. When you buy a new build or do a major remodel, check that the policy includes “newly built home” extensions – otherwise you might be paying for outdated limits.
Typical exclusions are things like wear‑and‑tear, damage caused by pests, and any work that wasn’t approved by the insurer. If you’re adding a loft conversion, make sure the contractor’s insurance is listed on your policy. It’s a simple step that can save you from a denied claim later.
Building and Construction Insurance: Protecting the Project
Builders often rely on a combination of contract works insurance and public liability. Works cover protects the structure while it’s being built, while public liability covers injuries to third parties on site. If you’re hiring a builder, ask for a copy of their certificate of insurance and verify the coverage dates.
One tricky area is foundation repair. Many building policies exclude major foundation work because it’s seen as a structural defect rather than accidental damage. That’s why you’ll see separate “foundation repair” endorsements that add a layer of protection. If you’re in a region with shifting soil or known subsidence, consider adding this endorsement.
When it comes to making a claim, the first step is to document everything. Take photos of the damage, keep receipts for any emergency repairs, and write down a timeline of events. Your insurer will ask for this information, and having it ready speeds up the process.
Don’t forget the small print. Some policies require you to notify the insurer within a certain timeframe – usually 24 to 48 hours for severe water damage. Missing that window can turn a covered loss into a denied one.
Lastly, shop around. Even if you’re happy with your current provider, an annual review can reveal cheaper options or better coverage. Use comparison sites, ask your mortgage broker, or talk to a specialist broker who knows the construction market.
Insurance doesn’t have to be a headache. By knowing which policies protect your home, which cover your building project, and where the gaps usually hide, you can keep your renovations on track and your wallet safe. Got a specific question? Drop a comment or give us a call – we’re here to help you sort it out.
