an introduction to site insurance & warranties plus information about contracts & health...
DESCRIPTION
Site Insurance and WarrantiesTRANSCRIPT
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An Introduction to Site Insurance & Warranties PLUS Information about
Contracts & Health & Safety•Self Build
•Extension
•Renovation
•Conversion
•Improvement
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Is it a plot or a renovation project? Either way it’s going to need specialist
cover.
Renovation Insurance
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Home Insurance
EXCLUDES
this!
Extension Insurance
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Home Insurance
Exclusions
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Remember, the project you are embarking on is unique, so deal with an expert that understands
that.
Self-Build Insurance
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£270,000
£561 premium
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Site Insurance
Legal Expenses
Structural Warranty
New Build
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Site Insurance
Existing Structure
Legal Expenses
Possibly a Structural Warranty
Conversion
Extension
Renovation
Flat Conversion
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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.
Site Insurance
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New Works
Public Liability
Employers Liability
Plant & Equipment
Caravan & Contents
Personal Possessions
Personal Accident & Broken Bones
Legal Expenses
Has work started?
Site Insurance
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Arrange this PRIOR to submitting a Building
Regulation Application to SAVE money.
Structural Warranty
We can cover properties that have been
completed and require a warranty retrospectively
to sell on.
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Party Wall Liability
You are contractuallyresponsible for damage
to the Party Wall so make sure it’s covered.
Some general tips...
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ContractsJust how trusting are you
going to be?
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Claims
Some general tips...
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ID Visitors/Delivery Drivers
Out of Sight out of Mind
Some general tips...Security
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Health & SafetySome general tips...
You will have duties under
workplace health and safety law if:
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
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Health & SafetySome general tips...
Your Involvement Application of Health & Safety at Work
Legislation
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 at the point the kit supplier hands over.
Level 5
Watertight Shell with self-managed finishes at the point the contractor hands over.
Level 6
Turnkey project with active client
Level 7
Custom Homebuilding
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My contractor has Insurance already, do I need Site Insurance?
FAQ
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Do I have to have Site Insurance or a Structural
Warranty?
FAQ
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Thanks for listening, are
there any questions?
We are on stand
D21