Self Build Insurance

How to Protect yourself with Self Build Insurance

Self Build Insurance is a specialized type of insurance designed to protect individuals who are constructing their own homes or managing a building project. It covers risks associated with self-build projects, ensuring financial protection against unexpected events such as:

Key Coverages:

1. Site and Material Damage – Covers accidental damage or theft of building materials and tools.
2. Public Liability – Protects against claims if someone is injured on-site.
3. Employers’ Liability – Required if you hire workers; covers injuries or claims from employees.
4. Structural Defects Cover – Covers potential defects in the building after completion.
5. Plant and Equipment Cover – Protects hired or owned machinery used for construction.
6. Legal Expenses – Covers legal disputes related to the project.

Why Do You Need It?

• Standard home insurance won’t cover a property under construction.
• Lenders may require it before offering finance.
• Construction sites are high-risk environments, making insurance essential for financial security.

Would you like help finding a provider or getting more details on specific policies?

A Self Build or Renovation Insurance policy provides essential protection for individuals undertaking construction or renovation projects. Here are the key benefits:

1. Financial Protection Against Damage & Theft

• Covers accidental damage to the structure during construction.
• Protects against theft or vandalism of building materials, tools, and equipment.

2. Public Liability Insurance

• Protects against claims if a third party (e.g., a visitor, neighbor, or passerby) is injured on-site or their property is damaged due to the project.

3. Employers’ Liability Insurance

• Protecting your legally liability if you hire workers, covering injuries or claims made by contractors or employees.

4. Contract Works Cover

• Covers ongoing work on the building in case of damage, allowing construction to continue without financial setbacks.

5. Structural Defects Cover (Latent Defects Insurance)

• Provides long-term protection against defects in the building’s structure after completion, ensuring peace of mind.

6. Legal Expenses Cover

• Helps cover legal costs in case of disputes with contractors, suppliers, or neighbors.

7. Plant, Tools & Equipment Cover

• Protects hired or owned machinery and tools from damage or theft, keeping the project running smoothly.

8. Alternative Accommodation Cover

• If the project is a renovation of an existing home and becomes uninhabitable, this can cover temporary accommodation costs.

Why is it Essential?

• Standard home insurance won’t cover a property under construction or renovation.
• Construction sites are high-risk, with increased chances of accidents, theft, and damage.
• Lenders and mortgage providers often require insurance before approving financing for self-build projects.

Would you like help finding a policy tailored to your project?

Contact our Team in Cork & Kerry on 021 427 5347 (Cork) or 068 59983 (Kerry) to find out more.