fbpx

Renovating your property

18.07.22

Undertaking updates, redecorating and full-scale renovations can be exciting and rewarding times. 

From where to cook while the kitchen is out of use, to how to give the builders access whilst you’re not at the property, there is an awful lot to consider. 

One thing you won’t always think of is notifying your insurer, but it’s important to ensure you’re protected throughout the duration of the works. Here we share a few tips on updating your current policies and arranging new cover – from why you need it, to when to get in contact and what information you’ll need to share.  

When you upgrade and update your house, the same needs to be done for your insurance policy  

When everything goes right, it’s great. But when something happens, big or small, your insurance is there to help.  

From stains on an antique rug to total loss of a structure, unforeseen events happen. Being correctly insured makes these far easier to deal with, in both a timely and cost-efficient manner.  

Why do I need this contract works insurance? 

  • Increased footfall in your house means an increased chance of theft, damage, or loss 
  • Unforeseen changes can happen as a result of the works taking place – cracks could appear in an adjoining property, etc 
  • Should a dispute arise, cover will help when you need to settle it 
  • If you unexpectedly need to move out of the property for a while, this can be covered by your policy 

When to get in contact with your broker 

It’s best to have an initial conversation with your broker about any proposed works – anything from general decoration to complete refurbishment – at the earliest opportunity. 

During works, you’ll need to inform your broker if the contract value has increased, the duration of the works has increased, or the nature of the works has changed. 

If anything happens and you think it may result in a claim, advise your broker as soon as possible. 

What information you’ll need when you get in contact 

  • Proposed period of works 
  • Period of unoccupancy of property 
  • Your contractor’s details 
  • Contract value 
  • Details of works being carried out at the premises, including any structural and/or basement work 
  • Details of liability, adjoining properties, and risk management practices 

After the work ends 

When the work ends, there are just a few things left to do, other than enjoying your newly renovated property!   

  • Advise your broker that the works are complete, and that cover can come to an end  
  • You’ll also want to update your building’s cover with the new estimated rebuild cost, considering all the work that has now been completed  

A good broker will be able to guide you through this process – a specialist will ensure nothing is missed, as they will know all the right questions to ask. 

To speak to a specialist today, please call us on 01622 476433 or complete our no-obligation enquiry contact form here. 

To learn more about Abode, please click here. 

Stay up to date with us by following us on Facebook, Twitter, and LinkedIn. 

Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • Monaco Real Estates
  • RDO
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Pedini London
  • Alexander James
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Worldwide Property
  • Dimora
  • Dominic McKenzie Architects
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Deborah Garth
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE
  • HELENA JORNET FINQUES
  • Prime Lands Group
  • Bellegarde Estates
  • Sinclair
  • Pippa Paton
  • Ecole d'Humanite
  • Benedek Lewin
  • Inspired Villages
  • Huelin Homes
  • Gaudin
  • Lovells Property
  • Racecourse Lodge Logo
  • Paseo
  • Lemay + Escobar
  • Octagon
  • Locate Isle of Man
  • Newlands of Stow
  • Hawksford
  • Holdun
  • St George's International School
  • Schule Schloss Salem
  • AR Architecture
  • lazaro
  • Sella Concept
  • Blakstad
  • SAREG
  • miller interior
  • Harrow
  • Pearson
  • Wealth Club
  • Yellow House Architects
  • Designer Touches
  • Zafiro
  • Nicole Murray
  • Scout Boats
  • Emerson Insinkerator

Enter your dream destination