How can I calculate the rebuild cost of my renovated property?
Consulting a chartered surveyor is the surest way to receive an accurate rebuild cost. In fact, if your home is using non-standard construction materials or you are renovating a listed building then you will need to do this. That said, for standard construction houses, you can use the free online BCIS Rebuild calculator.
Will I receive a discount for using eco materials?
It is unfortunate that no matter how green you go, you will still need home renovation insurance while work is being undertaken, and this does not typically mean you will receive a discounted premium. Though most insurers are reluctant or unable to offer home renovation insurance, HomeProtect is different. With us you can get a competitive quote for renovation insurance online.
Can I get home insurance while I’m having a basement added to my house?
No. We can, however, cover your home once the basement is complete or while an existing basement is being refurbished, for example by being re-tanked.
Can I insure a derelict mill, watermill or barn that I plan to have renovated into a home?
No, HomeProtect only insure properties that are classed residential before the renovation. Once the work is complete, HomeProtect may be able to provide a home insurance quote for your new home.
If I am doing the renovation work myself, will I be able to get home insurance?
We can still provide home insurance for you whilst you are renovating the property, this insurance will cover the existing structure from the extra risks of fire, escape of water and theft. However, we will need to see a copy of your self-build insurance policy, which should include at least £1 million public liability cover.
What is the difference between a cosmetic change vs a renovation project?
For the purposes of the HomeProtect renovations insurance policy, cosmetic changes include non-structural changes to the property such as redecorating, replacing kitchen units, or laying new flooring. If you plan to change the internal plumbing, gas pipes or electrical fixtures then this is NOT classed as cosmetic.
A renovation project is defined as any building works costing more than £20,000; or electrical or plumbing alterations costing more than £10,000.
My unusual, or heritage or listed building home is going to be renovated, can you insure me?
Yes, absolutely. You may want to check that your contractor is familiar with, and has references from previous renovation projects involving specialist or traditional materials. In the case of a listed building, don’t forget to also obtain planning consent from your local planning officer before any work starts.
I’m planning on digging a new basement beneath the property, can you insure the property?
Sorry, but no, that’s one of the only renovation situations we are unable to insure at present.
The renovation project has already started, can you insure my property?
Yes, no problem.
My contractor has a Joint Liability contract, can you insure my property?
No, unfortunately the HomeProtect policy will not cover renovation projects where the contractor has either a Joint liability contract or a liability waiver clause.
What does asbestos look like?
Asbestos fibres look like loose cotton wool fibres. It’s most commonly a blue grey colour, but can also be brown or white. It is most commonly found under floorboards, in attics and in cavity wall spaces.
It was used widely in property construction from the 1950s to the mid 1980s, mainly as an insulation material. The reason it was is was so popular in the post war period was because it was cheap and durable.
It became illegal to use in construction in the UK in 1999 due to the serious health risks posed by breathing in asbestos fibres.
As well as under flooring, attics and cavity walls, asbestos is also found in homes in the following areas: floor tiles, ceiling tiles, roof shingles, roofing felt, roof flashing, boiler insulation and pipe lagging.
Sometimes it was spray-painted so it may be difficult to visually identify the fibrous texture of the asbestos. In the construction of sheds and garages, asbestos was used in the form of solid fibro sheeting to clad and insulate the structure.
If you suspect there may asbestos in your property, a visual inspection will not be enough. The recommended approach is to call in a specialist asbestos surveyor to take away suspected asbestos fibre samples to a laboratory to be tested. A professional will use appropriate, safe breathing apparatus and equipment when handling the asbestos.
Why do I have to pay an extra home insurance fee when I’m having building work done?
When you have tradesmen working in your home, the risks that your home insurance protects you against increase. For example, doors can easily be left open giving access to burglars, scaffolding can also make it easier for thieves to access your home, and neighbours won’t be alerted by unfamiliar faces hanging round your property as your normal routine will have been disrupted.
It also becomes more likely that you will claim for the costs of a contract dispute against your legal expenses cover, and the probability of damage caused by ‘escape of water’ from disturbed pipework in the year following renovation is greatly increased too.
Do I have to pay another fee if my project goes on longer than the end of my insurance year?
No. So long as you renew your policy with us, you do not need to pay again.
Member of staff was helpful and understood my need to insure a vacant property undergoing renovation. Good insurance for a good price. Review Centre, 11 July 2017
The team member I spoke to was very thorough regarding my home improvement plans. He gave me reasonable advice about what policy I would need, and was honest about what I didn't need at this stage. He ensured I knew what conditions I would need to meet to ensure the policy remained valid regarding which contractors I chose. Thankfully I haven't needed to make a claim, so don't know what the team would be like in that case. Trustpilot, 21 August 2017
A quality presentation of documentation and effective renewal at a similar premium to the previous year. Dealing with a family home which remains empty as owner in a residential home has emotional issues. The manner of renewal made it easier than it might have been. Trustpilot, 6 February 2017