Home Improvement Insurance Guide
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De-Risk Your Project: Insurance, warranty, contracts and essential health & safety advice
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Home Improvement Insurance Guide
- 1. •Self Build •Extension •Renovation •Conversion •Improvement De-Risk Your Project: Insurance, warranty, contr acts and essential health & safety advice
- 2. Is it a plot or a renovation project? Either way it’s going to need specialist cover. Home Improvement Insurance •Extension •Renovation •Loft Conversion •Re-Modelling
- 3. Home Insurance EXCLUDES this! Use Home Improvement Insurance
- 5. Remember, the project you are embarking on is unique, so deal with an expert that understands that. Self-Build Insurance
- 7. New Build Site Insurance Legal Expenses Structural Warranty
- 8. Conversion Extension Renovation Flat Conversion Site Insurance Existing Structure Legal Expenses Possibly a Structural Warranty
- 9. Site Insurance Site Insurance covers Extensions, Renovations, Conversions and New Build projects and should be purchased when you exchange contracts on the plot or building you wish to extend.
- 10. Site Insurance New Works Public Liability Employers Liability Plant & Equipment Caravan & Contents Personal Possessions Personal Accident & Broken Bones Legal Expenses Has work started?
- 11. Structural Warranty Arrange this PRIOR to submitting a Building Regulation Application to SAVE money. Get the warranty provider to quote for Building Control!! – it removes duplicated inspections and can save you money! We can cover properties that have been completed and require a warranty retrospectively to sell on.
- 12. Some general tips... Party Wall Liability You are contractually responsible for damage to the Party Wall so make sure it’s covered.
- 13. Contracts Just how trusting are you going to be?
- 14. Some general tips... Home Improvement Insurance •Read your policy! •Keep Receipts Claims
- 15. Some general tips... Security ID Visitors/Delivery Drivers Out of Sight out of Mind
- 16. Some general tips... You will have duties under workplace health and safety law if: Health & Safety a) you intend to sell the property on completion, in which case they would be considered to be a developer b) you directly employs (even if only temporarily), workers to build the property c) you choose to manage the project taking on contractors to do the work
- 17. Health & Safety Some general tips... Your Involvement Level 1 Entirely DIY – not selling on completion Level 2 Self-managed with own labour & Subcontractors Level 3 Self-managed with own subcontractors Level 4 Kit Home with self-managed trades Level 5 Watertight Shell with self-managed finishes Application of Health & Safety at Work Legislation at the point the kit supplier hands over. at the point the contractor hands over. Level 6 Turnkey project with active client Level 7 Custom Homebuilding
- 18. FAQ My contractor has Insurance already, do I need to have my own insurance?
- 19. FAQ Do I have to have Site Insurance or a Structural Warranty?
- 20. Do I have to have a Structural Warranty? • Structural Failure
- 22. Thanks for listening, are there any questions? Stand 116
Notes de l'éditeur
- OK I’m just going to give you a few tips here on stuff that causes problems for people all the time. Party Wall Liability! This has nothing to do with the aftermath of a good house party, Its all to do with a useful but sometimes onerous piece of legislation called the Party Wall Act. Now Party Wall doesn't just mean the wall between two adjoining or semi detached properties. If you are likely to be within 3 meters of a party wall or at 6m distance may still undermine you neighbours foundations or be placing beams in the party wall, then Party Wall Act will apply.Nice bit of underpinning of the neighbour here – shame about this bit though Fingers crossed it all stays put eh?Be aware that some Site Insurance policies exclude this completely making you purchase an additional insurance policy called JCT 21.2.1. instead. Self-Build Zone include your contractual liability under the Party Wall Act if you inform them. Which can save you hundereds in additional premiums!Lots of information is available at the communities and local government website in a clear to read downloadable booklet and we have a leaflet which gives you the basics if you want to drop by our stand 218.
- We have all heard it before – “Yes of course Mr Smith, It’s not a problem – but we haven’t quoted to include the internal doors so they will be extra .” or maybe “Oh No the price was for labour only on that bit – it didn’t include the materials”. Its infuriating when it happens – but if you weren’t specific at the outset you really only have yourself to blame.A contract is the glue that seals the relationship between a client and his contractor, consultant or supplier and it is essential to ensure that the terms of any deal are clearly written down and protect the home-owner’s interests.The interesting thing here is that legal expenses insurance is directly linked to contracts because they (in the most part) cover contractual disputes so if you can’t evidence a contract in writing the legal team aren’t going to be able to help you. Unfortunately from what we see MOST people just don’t consider using contracts and its soul destroying when they call up the legal helpline and explain that their builder has made a real hash of the build and is flatly refusing to put things write because you want to help them but as there is no evidence of a contract – you can’t legally argue for a contractual dispute.Its because of this that we have developed a suite of contracts for all elements of your project with contract specialist ContractStore. It just means that in the event something does go wrong we are going to be more able to provide legal advice and pursue a claim with a better prospect of success.But this all sounds like really expensive stuff right? So how much are we looking at? £49 + Vat. Now there are lots of place out there to get contracts – the important point is, make sure you do!
- Looks OK doesn’t it?Lets take a closer look....because this place is in need or some attention.
- There you go – it’s the same property but from a different perspective. The Structural Failure is due to inadequate foundation design and requires extensive structural repair and rebuilding. The problem is as a self-builder if you sell the property upon completion you still have liability under the defective premises act so if this happens and you are not covered it’s basically your problem. Now this isn’t one of our warranty clients but the reason I’m showing it to you is because it was supervised under an Architect Certificate and the customer is struggling to prove professional negligence. The Building Control officer insisted on deeper foundations but the builder ignored this and it wasn’t picked up by the Architect.A warranty would cover this.