Avoiding costly self–build, extension, renovati       on and home  improvement project    insurance pitfalls    Insurance ...
Remember, therenovation, extension or conversion project you  are embarking on is unique, so deal with an       Insurance ...
Home Insurance  Exclusions!!
All new build projects are  different, so talk to anexpert that understands            that.    Insurance for self-builds,...
£220,000 Fire Loss  £492 premium
New Build  Site Insurance Legal ExpensesStructural Warranty
Conversion   Extension   Renovation   Site Insurance Existing Structure  Legal ExpensesPossibly a Structural     Warranty
Site Insurance   Site Insurance should be                   purchased when you                  exchange contracts on     ...
Site Insurance    New Works    Public Liability Employers Liability  Plant & Equipment Caravan & ContentsPersonal Possessi...
Party Wall Act    Party Wall Liability   You are contractually responsible for damageto the Party Wall so make     sure it...
Structural Warranty         Arrange this PRIOR to                              submitting a Building                      ...
Contracts            Just how trusting are you                  going to be?              A building contract for a       ...
Some general tips...       Claims
Some general tips...                              Security                         ID Visitors/Delivery                   ...
Some general tips...                Health & SafetySelf builders will have dutiesunder workplace health and safetylaw if:a...
Some general tips...                                          Health & Safety              Self-Build Category            ...
Some general tips...                Health & SafetyPractical Guidance...         The self builder who takes on            ...
Some general tips...         Health & Safety                       There are a number of well                       known ...
FAQ        My contractor has      Insurance already, do I       need Site Insurance?
FAQ      Will Public Liability be             enough?
FAQ      Do I have to have Site            Insurance?        • Storm Damage
Do I have to have aStructural Warranty?• Structural Failure
Structural repairs are     expensive!
Thanks for listening, are there any questions?   We are on stand       K170
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Self build zone – site insurance and structural warranties

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Self Build Zone – Site insurance and structural warranties. Avoiding costly self–build, extension, renovation and home improvement project insurance pitfalls

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Self build zone – site insurance and structural warranties

  1. 1. Avoiding costly self–build, extension, renovati on and home improvement project insurance pitfalls Insurance for self-builds, renovations, conversions and extensions...
  2. 2. Remember, therenovation, extension or conversion project you are embarking on is unique, so deal with an Insurance for self-expert that understands builds, renovations, conv that. ersions and extensions...
  3. 3. Home Insurance Exclusions!!
  4. 4. All new build projects are different, so talk to anexpert that understands that. Insurance for self-builds, renovations, conversions and extensions...
  5. 5. £220,000 Fire Loss £492 premium
  6. 6. New Build Site Insurance Legal ExpensesStructural Warranty
  7. 7. Conversion Extension Renovation Site Insurance Existing Structure Legal ExpensesPossibly a Structural Warranty
  8. 8. Site Insurance Site Insurance should be purchased when you exchange contracts on the plot or building you wish to renovate.
  9. 9. Site Insurance New Works Public Liability Employers Liability Plant & Equipment Caravan & ContentsPersonal Possessions Personal Accident & Broken Bones Legal Expenses Has work started?
  10. 10. Party Wall Act Party Wall Liability You are contractually responsible for damageto the Party Wall so make sure it’s covered.
  11. 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 duplicatedinspections and can save you money! We can cover properties that have been completed and require a warranty retrospectively to sell on.
  12. 12. Contracts Just how trusting are you going to be? A building contract for a Self-builder is just £19.50 www.selfbuildzone.com
  13. 13. Some general tips... Claims
  14. 14. Some general tips... Security ID Visitors/Delivery Drivers Out of Sight out of Mind
  15. 15. Some general tips... Health & SafetySelf builders will have dutiesunder workplace health and safetylaw if:a) they intend to sell the property on completion, in which case they would be considered to be a developerb) the self builder directly employs (even if only temporarily), workers to build the propertyc) they choose to manage the project taking on contractors to do the work
  16. 16. Some general tips... Health & Safety Self-Build Category Application of Health & Safety at Work LegislationLevel 1 Entirely DIY – not selling on completionLevel 2Self-managed with own labour & Subcontractors Level 3Self-managed with own subcontractors Level 4Kit Home with self-managed trades  at the point the kit supplier hands over.Level 5Watertight Shell with self-managed finishes  at the point the contractor hands over.Level 6 Turnkey project with active clientLevel 7 Custom Homebuilding
  17. 17. Some general tips... Health & SafetyPractical Guidance... The self builder who takes on the project management roleHSE Website at:- would have duties to ensure:www.hse.gov.uk/construction •Health and safety risks are properly controlled throughout the project •Activities are coordinated to ensure the work is done safely •Contractors they appoint are competent to do the work safely, and •Those working on site co- operate with each other.
  18. 18. Some general tips... Health & Safety There are a number of well known duties under CDM which are NOT required of self builders •There is no requirement to notify HSE of the project •A CDM Coordinator need not be appointed •A health and safety plan does not have to be prepared •A health and safety file does not have to be prepared for the completed structure/building
  19. 19. FAQ My contractor has Insurance already, do I need Site Insurance?
  20. 20. FAQ Will Public Liability be enough?
  21. 21. FAQ Do I have to have Site Insurance? • Storm Damage
  22. 22. Do I have to have aStructural Warranty?• Structural Failure
  23. 23. Structural repairs are expensive!
  24. 24. Thanks for listening, are there any questions? We are on stand K170

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