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Site Insurance For Self Builders

New Build

If you are building or managing the building of your own home, our site insurance policy is for you.

Extension

Our extension product is designed to cover the extension works comprehensively and you can include the house too.

Policy Overview

All the site insurance cover information you need at a glance.

Renovation

Our site insurance can cover all the elements of your renovation project very easily.

Conversion

Find out more about how site insurance covers the new and existing works in a conversion project.

Developer Insurance

We can help provide you with the essential insurance and structural warranty products you need if you are developing for the housing market on any scale.

Site Insurance

Site insurance is a specific type of policy designed for self build, renovation, extension or conversion projects. Site insurance for self build is a policy designed to be taken out from the moment you exchange contracts on the plot or building to be renovated. The cover continues during the planning process and construction phases until the project is completed and taken into use. Protek’s site insurance policy has been designed to provide cover against the loss and damage that is inherent in the type of building project you are undertaking and takes into consideration the level of responsibility you have and the unique nature of the project you are working on.

Our on-line quote engine can provide you with a site insurance cost in minutes. Click Here to start a quote now.

Site insurance for self build provides cover in two main ways:

Physical damage: Protecting you against physical loss or damage to the works, materials, plant, caravans, tools and equipment used throughout the project. A fire loss, accidental damage, weather related loss, theft and vandalism all fall into this area of site insurance cover.

Liability: Covers your incurred liability in the event you inadvertently damage someone else’s property or cause injury to another person during the course of the build. Causing damage to a neighbouring property is easily understood, but you may be responsible for health & Safety on the site and a worker could sue you for an injury following an accident, however minor.

Flexibility in the site insurance policy is key:

The inherent flexibility of Protek’s site insurance policy is absolutely key. You can pick and choose the cover duration to suit your project timelines as well as selecting an excess that suits your risk appetite. We realise not everything will always go to plan so if you need more time or you suffer a loss on your site we will be on hand to provide the service you need. Use our online quotation system to get a quote tailored to your specific needs and secure cover in just a few minutes. Once your policy is in place you can change the options as many times as needed through the life-cycle of your project.

Site insurance experience that you can rely on:

Our staff have years of experience in arranging site insurance for people undertaking self-build, renovation, conversion and extension projects and are happy to chat your project through with you to help you assess the cover you need.

For more information, visit the site insurance page specific to your project type.

Self build insurance

Compare cheap home insurance quotes for self-build properties

By Anita Shargall on Thursday 26 November 2015

If you’re building your own home, it’s vital you have adequate insurance in place. Here’s what you need to know.

In this Article

Compare cheap home insurance quotes for self-build properties

Building your own home involves a lot of time, effort and cash. It’s not for the fainthearted and it’s prudent to prepare in case something goes wrong. For example, what if someone was injured on site, a storm damaged the construction, or valuable tools were stolen? It doesn’t take much to throw the project off course and put you out of pocket. It is therefore essential to arrange appropriate self build home insurance cover.

Insuring the building site

A number of specialist insurers offer cover for self-build projects. Site insurance, sometimes called contract works insurance, is most akin to a standard buildings and contents policy. It covers a range of risks including flood, storm and fire and usually includes any temporary buildings on the site, such as huts and caravans, as well as the property under construction. It’s also worth checking that site insurance includes any professional fees, site clearance and debris removal in the event of a claim.

Self build house insurance differs from a standard policy because it typically runs for 18 months rather than one year

Most self build insurance policies pay out if thieves break into the site and steal any plant tools or equipment, either your own or hired. Site insurance will also normally cover any tools and personal effects belonging to employees, though the limit is usually about £2,000. Of course, it’s up to you to keep the site locked when not in use and most insurers will insist on a high level of security to deter potential thieves.

You might also be required to mark valuable items with a security pen to help identification and recovery if they are stolen.

Your responsibilities

If you are building your own home, you have to think about protecting more than the site and its contents. You also have to consider your liabilities, both to members of the public and to your employees.

Let’s say someone, even a trespasser, came onto the site and injured themselves. Or maybe a falling branch damaged a neighbour’s property. As the site owner, you could be held legally responsible, which means you could end up with a big compensation bill. A self build insurance policy will typically cover public liability up to £5m, and you should make sure it is in place as soon as you buy the plot of land.

You also have a legal responsibility to any employees and could be liable to pay compensation, plus any costs, if an employee suffered an injury or contracted a disease as a result of working on the site. Check the limits on your policy but most will include employer’s liability up to £10m. Remember, this is compulsory!

Self build house insurance differs from a standard policy because it typically runs for 18 months rather than one year. There is also normally the option to extend the cover if the project is not completed on schedule.

Consider buying a warranty

It’s a good idea to consider buying a structural home warranty if you are building your own home. In fact, many lenders insist that a 10-year warranty is in place before they will consider a self-build mortgage. A warranty can give you peace of mind because it would pay for any repairs if you were to discover a serious defect within 10 years. The warranty would also normally include any legal fees if you were to sue a designer or contractor for negligence.

Damage to surrounding property

It’s worth mentioning JCT Clause 21.2.1 insurance. It’s quite a complex area but the policy basically covers any damage to surrounding property caused by collapse, subsidence, heave, vibration, weakening or removal of support, or lowering of ground water as a result of the works on your self-build project. You do not necessarily need JCT Clause 21.2.1 insurance: it depends on the nature of the works and the geology of the site. But your engineer or surveyor should be able to offer advice.

Find the right cover for you

You shouldn’t stint on self build insurance – it’s vital – but neither should you pay over the odds for cover – and it’s easy to compare self build home insurance polices and premiums with MoneySuperMarket’s free, independent comparison service. The leading insurers are listed on our website so that you can be sure to get the best deal at the best price.

In general non-standard insurers will not cover self builds that are ground up constructions – this would require a specialist insurer. However, most will cover self builds once they have been signed off by a builder and appropriate planning permission has been obtained.

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Site Insurance

Essential for anyone building, renovating, converting or extending their home. Our site insurance policy is comprehensive, flexible and competitive.

Structural Warranty

The Protek self build structural warranty provides 10 years insurance for your project and covers you against defects in the design, workmanship, materials and components.

Legal Expenses

Contract disputes are unwelcome and often expensive to resolve. Protek’s legal expenses policy is designed to provide you with the legal expenses cover you need.

Self Build Insurance Provider

What sort of self build insurance do I need? Guide to insuring your project for anyone undertaking a self build, renovation, conversion or extension project.

Protek is a self build insurance provider of site insurance and structural warranty for new build, renovation, extension and conversion projects. We can provide you with self build insurance cover for projects where work is being carried out by builders, trades or as part of a self build, custom build or DIY renovation project. We are a trading style of insurance broker, Lucas Fettes & Partners Limited and are experienced with the self build sector as well as the risks you face when building, converting or renovating your own home.

Our online quote system will quickly enable you to get a indication of cost very quickly as well as a quote and cover for our range of self build insurance products including our 10 Year Structural Warranty. Click here to get a quotation now.

Self build Site Insurance

Self build insurance cover starts the moment you exchange contracts on the property and during the construction or renovation process right up to the point the home is completed. Risks you face along the way like fire, theft, storm damage and accidental damage to property or people are provided for with our comprehensive self build site insurance.

Protek are an experienced self build insurance provider and cover is tailored to suit the type of project you are undertaking and available for new build, conversion, extension and renovation projects. Click here to get a site insurance quote today.

Self build structural warranty

It’s a really good idea to consider a 10 year structural warranty on your project. Not only will your lender require one, but should you experience a problem with the design, workmanship, materials or components that go to make up your new home once its been completed you will have the cover needed in place to avoid having to rectify a major issue yourself. Protek’s self build structural warranty has been designed specifically for that purpose. It can be utilised on a new build, conversion, renovation, remodelling or extension project.

The Protek Structural warranty is widely accepted by banks and building societies in the UK for more information check out our lender approvals page. Click here to get a structural warranty cost today.

What our self build insurance customers say about us?

Just to say many thanks for all your help in setting up my policy, much appreciated and it is refreshing to deal with a professional and responsive team! Out of interest my buying decision was based purely on your service level. I will be back to you shortly to finalise the second policy. Clare F

Protek – Experienced self build insurance provider that you can rely on

Protek self build is a trading name of Lucas Fettes & Partners, an independently owned insurance broker, independent financial adviser and investment management group. Via a network of offices, including a London head office, we provide services to businesses, charities, not for profit organisations and individuals. Since founding in 1980 we have taken a highly personalised approach to meeting the individual needs of every client – providing impartial advice and tailored solutions.

The dedicated team of people within our Protek operation have 25 years’ combined experience as a self build insurance provider supplying self build insurance cover and structural warranty cover for the self build, conversion, renovation and extension sectors and are well placed to help you secure the cover you require on your project.

Home construction insurance

Building a new home requires attention to detail, but while you choose your cabinet knobs and countertops, don’t forget to make sure your property is properly insured from foundation to rafters.

If you’re having a home built for you, you may be assuming your builder has all the insurance coverage you need. Under some circumstances, you’re correct, but before you check off that mental box and move on, you should confirm your contractor’s insurance policy.

Here are the items we’ll cover:

  • What does builder’s risk insurance cover?
  • How long does coverage last?
  • Do I need builder’s risk insurance?
  • Do I need a homeowner’s policy too?
  • Cost of builder’s risk insurance?

What does builder’s risk insurance cover?

Specifically designed to cover homes while they are under construction, typically covers theft and vandalism of the tools and equipment being used to build the house and the materials, including in some cases materials being held offsite for future use. This insurance doesn’t provide liability coverage or any protection for the home’s contents since there typically won’t be any personal possessions at the construction site, says Saine.

How long does coverage last?

Pbuilolicies are generally written for nine to 12 months. Most can be renewed if there are construction delays, says Saine, but the insurance company will usually assess the project to make sure progress is being made on the home.

Do I need builder’s risk insurance?

Yes, but not always. You’ll need a policy if you own the property and your contractor doesn’t have proper coverage.

“Whether you need insurance depends on your contract,” says Brunetto. “Sometimes the general contractor is responsible for insurance, while other contracts say the homeowner needs to purchase builders risk insurance.”

In most cases, you won’t need a policy if you don’t own your property yet or your contractor does have coverage. Be sure to ask your contractor what type of insurance he is carrying and what his limits are.

For example, “If you’re having a home built in a community by a major builder like Pulte, there’s generally no need for you to have insurance coverage because you don’t actually own the lot or the home until you go to settlement,” says Benjamin Saine, product manager for homeowners insurance with USAA insurance in San Antonio, Texas. “If you pre-purchased a lot and are having a home built on it, then you do need insurance coverage.”

Saine says that the majority of consumers don’t own their lot until the home is complete unless they’re having a custom home built. Even then, some buyers don’t own the lot until settlement.

“We recommend that you get a copy of your builder’s insurance to check for adequate coverage,” says Saine.

Carol A. Brunetto, a State Farm insurance agent in Bethesda, Md., says new homebuyers should review their purchase contract to make sure they aren’t obligated for insuring home construction.

“You should get a certificate of insurance from your builder that is comprehensive and includes liability coverage even on completed construction operations,” she says. “For instance, if your floor collapses because of shoddy construction and someone is injured, you want to be able to turn to the builder’s insurance for coverage.”

Brunetto says builder’s insurance policies usually cover three years after construction is complete.

To purchase a builder’s risk insurance policy, enter your zip code in the upper-left-hand section of this page and see carriers that offer it.

Do I need a homeowner’s policy too?

Yes. If you’re having a custom home built, you’ll need your own insurance policy.

“Before the first shovel hits the ground on your home, you need to get your homeowners insurance in place so that you have liability coverage,” says Saine. “The biggest risk of building a home is your liability in the case of a construction site accident.”

Homebuyers should purchase a home insurance policy with liability coverage in addition to the builders risk insurance policy, says Brunetto. Homeowners insurance will also provide coverage in case of a fire or storm damage.

If this is your first home, review insurance for new homeowners for tips before you purchase.

“Liability coverage is critical for a construction site because of the risk that someone working on the site or a child or a visitor to the site could be injured,” she says. “You should take responsibility to inspect the site and make sure your builder is adequately protecting the site, but you also need to buy insurance to protect your assets in case you are sued.”

Saine says most people purchase $300,000 of liability coverage, but other levels are available.

Brunetto says that you may want to buy umbrella insurance in addition to a home insurance policy for extra liability protection, particularly if you have significant assets.

Cost of builder’s risk insurance

The cost of this type of insurance can be anywhere from 1 to 4 percent of what is budgeted for construction depending on multiple factors. Typically, the amount of insurance you need to purchase depends on the estimated rebuilding cost of your completed home, based on the size, the finishes and the materials to be used, says Saine.

Saine says most insurance companies will steeply discount the premiums because the home hasn’t been completed. Once your home is complete, with flooring and appliances in place, you need to contact your insurance company to convert your insurance to a standard home insurance policy.

Builders Insurance

Find out why builders need business insurance

By Kevin Pratt on Wednesday 25 May 2016

Insurance is one of the foundations of a well-run business – and builders are no exception. In fact, given the sometimes hazardous nature of the work, dedicated builders’ insurance, including public liability insurance, is absolutely vital. And if you have employees, the law requires you to have employers’ liability insurance.

In this Article

Get a business insurance quote

What does builders’ insurance cover?

Builders’ insurance policies offer a menu of covers from which you can choose. This might include:

Builders’ Public Liability. Public liability cover for builders protects against injury or death of third party persons, or damage to third party property, from incidents arising as a result of your business activities. For example, if a pedestrian was to be hit by masonry or a dropped tool or piece of equipment when passing a site at which you were working, you might be held liable for damages, compensation and legal fees. The same would apply if the items hit a car or damaged another property.

Another example might be damage or injury caused by collapsed scaffolding or by a structural defect for which you could be held liable.

Employers’ Liability. As an employer you are responsible for the health and safety of your employees while they are at work. Staff may be injured at work or they, or your former employees, may become ill as a result of their work while in your employment. They might try to claim compensation from you if they believe you are responsible. The Employers’ Liability (Compulsory Insurance) Act 1969 ensures that you have at least a minimum level of insurance cover against any such claims.

Injuries and illness relating to motor accidents that occur while your employees are working for you may be covered separately by your motor insurance.

Remember, even with employers’ liability cover in place, you have legal responsibilities to protect the health and safety of your employees. If your insurer believes that you have failed to meet your legal responsibilities for the health and safety of your employees and that this has led to the claim, the policy may enable the insurer to sue you to reclaim the cost of the compensation.

The minimum legal requirement for employers’ liability cover is £5 million, although most policies provide at least £10 million. You must display a copy of your certificate of insurance where your employees can easily read it. You can be fined up to £2500 for any day which you are without suitable insurance. If you do not display the certificate of insurance or refuse to make it available to HSE inspectors when they ask, you can be fined up to £1000.

You may not need cover if all your employees are closely related to you in a family business. This exemption does not apply to family businesses which are incorporated as limited companies.

You can find out more about employers liability cover from the Health and Safety Executive: www.hse.gov.uk

Buildings Cover. Protects your business premises against perils such as weather damage and flooding. Business building insurance cover can also sometimes include business interruption insurance

Business / Office Equipment. Covers business equipment whether it is lost, stolen or accidentally damaged. You may need additional cover if you take equipment overseas. You should also check whether mobile equipment, such as laptops and phones, are covered outside the premises.
Tools. Covers hand and power tools in the event of loss, theft or accidental damage. You can also choose to include tools left in your vehicle overnight.

Own Plant. Provides cover for accidental loss of, or damage to, an item of your plant.

Hired-in Plant. Provides cover for your legal liability under the terms of your hiring agreement to pay compensation for damage to hired-in plant.

Stock. Provides cover for stock, materials in trade and customers goods for which you are responsible.

Do I need builders insurance if I’m contracting/sub-contracting?

If you, as a contractor, supervise self-employed individuals or other small firms who also use your materials and/or equipment, they are covered by your public liability insurance. If you sub-contract to individuals or firms that work without supervision using their own materials and/or equipment, they will need their own cover. You should ask to see certification.

If you sub-contract work on a supervised basis, you should be covered under the contractor’s policy. Equally, if you are unsupervised, you should have appropriate cover of your own.

As a contractor working on site, contract conditions may make you responsible for the works and materials whilst on site. Cover can be provided up to around £500,000 depending on the nature of your contracts.

Cover for vehicles

As a builder, you may have one or more vans or trucks that are used to carry equipment and materials. These vehicles will obviously need their own commercial vehicles insurance cover. If you have three or more vehicles you might be better off with a fleet policy.

Where to buy builders’ insurance cover

You can use MoneySupermarket.com to help you compare quotes from a range of specialist insurance companies. This will ensure you get the best quote for the protection your business requires.

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