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Self-Build Insurance for barn conversions

July 23, 2019

Self-Build Insurance for barn conversions

A conversion or renovation project can be a costly task that involves work on a current structure which might be in a very poor condition and sometimes hundreds of years old. Our conversion insurance has been designed to take this into consideration, so whether it's derelict barn conversion insurance you need or a conversion project for a disused chapel

– we can help.

 

 

Conversions and renovations provide fantastic opportunities to build a new home, unique to your needs that combine existing structure with modern new build features. This could be a derelict barn, farming outbuildings, stone buildings to chapels and even windmills!

 

Understanding the risks

From an insurance perspective, there will of course be risks to both your existing structure and the work you plan to complete. So, taking out a suitable conversion or renovation insurance policy should be one of the first things put in place at the start of any project of this nature.

 

Get the Right Cover in Place - Barn or other Agricultural Buildings, Commercial, Flats and Religious Buildings

 

It is more than likely you will have plant, tools and equipment on site so these too will need to be covered.

 

Conversion Site Insurance covers the structure which is being converted, as well as the new conversion works and materials right up to the point the project is completed. Plant, tools and equipment or a residential caravan for example, can also be covered if required.

 

Understanding the pitfalls

Accidents do happen, so it is very important that everyone on site is adequately protected. Therefore, we include public liability and employers’ liability cover as standard.

 

Legal Expenses Insurance Cover

Conversion projects can be complex affairs with many different trades working on the site and a variety of risks – which can range from unforeseen issues to an error or omission. In conjunction with ContractStore, we offer essential, easy-to-use contracts at really affordable prices. They are backed up with legal expenses cover, that will provide you with the legal advice you need and if appropriate, enable you to pursue a contractual dispute, and if you use the proper contracts, there will be a better prospect of success.

 

We have known people lose large amounts of money because they failed to use properly written contracts.  When it comes to trying to make claims without this, it is very difficult as the ‘burden of proof’ is on you.  With a contract, there is little escape.  That is why with our contract package we give you unlimited use of the contract wordings.

 

Self-Build Zone backs this up with the addition of legal expenses cover, which is provided as standard with all of our Site Insurance products (excluding developers insurance). If a dispute does arise, the legal team will provide you with essential legal advice to enable you to pursue a contractual dispute claim where there is a good prospect of success (terms and conditions apply).

 

By correctly using our contract templates you will have the necessary proof of the basis of the contract and hopefully enable a swift conclusion to any dispute.

Renovation Site Insurance

 

Renovation Site Insurance is available in a range of different policy durations which can be extended as required. Using Site Insurance for a renovation project will provide cover in all the places home insurance does not, including providing cover when the property is unoccupied during and prior to the renovation works. Most people do not realise that standard home insurance will not cover your renovation project. Relying on your builders' public liability is a very risky approach and will not cover you unless you can demonstrate that they were negligent. Site insurance is the most practical and efficient way of covering your renovation project.

 

10-Year Structural Warranty

A 10-Year Structural Warranty is one of the best ways to protect your conversion against the effect that a major structural defect could have. Should you wish to sell the property at some point in the future, a Self-Build-Zone 10-Year Structural Warranty will give your purchaser peace of mind that the building was completed professionally and that it is covered by a lender approved warranty.

 

Further information:

 

Insurance Product Info +

https://www.selfbuildzone.com/conversion-insurance

 

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