BuildCare Site and Renovation Insurance
Nothing in life is guaranteed and sometimes things can go wrong no matter how well we plan. As a self builder or renovator there are three main reasons why you need protection for you and your project:
- As soon as you purchase a plot for self building or a renovation project you become liable for any injuries to members of the public on your site and by law you must have adequate insurance.
- If you are taking out a mortgage to fund your project your lender will not release any money without proof of site insurance being in place.
- If you encounter problems during your project, such as flooding or vandalism site insurance could mean the difference between a completed project and an abandoned site with disastrous financial implications for you and your family.
BuildCare Site and Renovation Insurance has been developed by BuildStore and provides comprehensive cover for all aspects of your site:
- Public and Employer's liability
- Building works and materials
- Plant tools and equipment
- Site huts and temporary buildings (including caravans)
- Existing structure (on conversions, renovations and extensions)
- Personal accident cover
- Legal expenses
All lenders will insist that you have adequate site insurance in place before they will release any funds so it is crucial to arrange your policy as soon as possible. Our cover is highly competitive and great value for money so call now for a personalised quote and start protecting your future with BuildCare.
Period of Insurance
You can choose from a 12, 18 or 24 month policy term for your site insurance, based on how long your think your self build or renovation project will take.
Remember that you need your cover to be in place as soon as you buy your land or plot, and for your protection to continue right up to completion of your project.
We have several different site insurance options for you to choose from, as well as the option to convert your site insurance into buildings insurance upon completion (if you expect to finish your project within the policy period).
The main features of BuildCare's cover are outlined below.
| Summary of Cover | ||
|---|---|---|
| ITEM | SUM INSURED LIMIT OF INDEMNITY | STANDARD INCLUDED |
Building works, temporary works and materials |
Cost of reinstatement up to 125% | √ |
Existing structure (on conversions, renovations, extensions) |
Cost of reinstatement up to 110% | √ |
Own and hired plant, tools and equipment* |
£50,000 | √ |
Residential caravan and contents, site huts and temporary buildings* |
£30,000 | √ |
Employees' tools and personal effects |
£2,000 (£500 per employee) | √ |
Personal accident |
£20,000 | √ |
| Broken bones | from £120 to £400 (depending in area affected) | √ |
Public liability |
£5,000,000 | √ |
Employers' liability |
£10,000,000 | √ |
Legal expenses |
£50,000 | √ |
Personal possessions |
£5,000 | √ |
* Not included as standard on 12 month policies.
Click here for an online quote now , call 0345 223 4888 to speak to an advisor or request a call back online. Lines are open between 8.30am and 7.00pm Monday to Thursday, 8.30am to 5.00pm on Friday and 10.00am and 1.00pm on Saturday.
