How we renovated a house

If these are not included in your policy, your reinstatement cost could far exceed your insurance, leaving you unable to complete your project if something should go wrong. Once your works are complete, we’ll remove the extra cover and your Hiscox home insurance policy continues uninterrupted. A project manager can be a huge help for a first time resonator, especially if you’re tackling a large-scale project.

  • After all, old houses offer homeowners so much — bags of character, quirky original features and a glimpse into the past.
  • Normally, we’ll release up to 90% of the purchase price or value of the property and subsequently, the money required for the renovation costs.
  • When undertaking a large-scale renovation, it can be easy to fall into the trap of stripping a house back to its bare bones.

Other permissions may also be required, such as listed building consent, conservation area consent, landlord approval, party wall act agreement, and so on. Renovation must also be a key component of Europe’s green recovery from this economic crisis. With the EU Green Deal flagship policy the Renovation Wave, the European Commission has committed to renovating 35 million buildings by 2030. This will further boost Europe’s energy renovation sector, which already has a turnover of €109 billion and represents over 800,000 jobs, according to Renovate Europe. The sector will help to drive the EU economy; creating jobs, mostly within SMEs.

Which risks does Renovation and Extension Insurance cover?

With different types of restoration it can be quite confusing when selecting the correct insurance policy for your project. We have outlined the 3 main types of restoration that you may require specialist insurance cover for. Plan is a BIBA approved scheme for specialist renovation insurance catering for both private and commercial clients. It is a long-established, market leading insurance scheme that has provided peace of mind for thousands of clients over the years.


Hedges can quickly become overgrown, filling up a border and becoming difficult to maintain. With legislation in place concerning the height of evergreen hedges, may be advisable where hedges have got out of hand. If you already have a policy with us and need to get in touch, our home insurance specialists are here to help. – if an accident happens during your building work – for example, a roof tile falling and hitting a passer-by – then you’re covered.

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Ordering extra materials can incur time delays and additional costs. It’s kind to glass – Because it contains a low level chlorine release agent and a non-caustic detergent. High levels of caustic detergent and chlorine will cause the surface of the glass to be eroded faster thus reducing the lifespan of the glass. Our Premier Policy provides a ‘wider perils’ solution and is designed for renovators who are carrying out small to medium sized projects. If you are about to begin building from the ground up, we have outlined some points to guide you through self-build insurance for your project. Why do you need to consider a specialist insurance policy?


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