| Why Do I Need Renovation Insurance?
Protect Your Investment
Renovation insurance is of fundamental importance when investing
your money into property especially as the sums at risk are almost
always five or six figures.
Without insurance, imagine the financial impact you would suffer
if the property was devastated by fire just two months into the
renovation. What about Public Liability, Employers Liability, Materials,
Equipment and so on?
It is essential you obtain Insurance Cover when your responsibility
starts which is normally from the moment you exchange contracts
(or win the property at auction). As the property is likely to be
uninhabited for a period of time, you must make sure that your insurers
do not exclude cover if the property is empty for more than 30 days.
You must cover 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, your insurers will not
pay out on a loss involving a property under renovation.
Renovation Zone
At Renovation Zone, we understand exactly what you will be getting
in to! Many of the team have been serving the renovation market
for years or have actually renovated themselves. Our insurance packages
have been designed to cater for all the needs of a renovator.
From this site, you can arrange one of the most crucial elements
of your project in a short space of time, making considerable savings
along the way.
With a Renovation Zone policy, we take care of that and more. |