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With some 13% of all new houses built every year in the UK being self builds, and 20,000 self builders spending in the region of £2 billion a year on land and building costs, self build site insurance is now almost a common place insurance.
This is great news for self builders as this means with more insurers coming into this specialist marketplace and competing for your business, you can get self build site insurance at a realistic price.
So why do you need self build insurance? Building your dream home either as a new build or by conversion is probably the most difficult and stressful project you will ever undertake. However, with such substantial rewards, it is clear why so many people self build.
Whether renovating or building your own home, insurance is a key element which cannot be ignored. If you have inadequate insurance, you will be left open to major financial loss as well as unnecessary stress.
Self Build Site Insurance is the solution, giving you peace of mind that your dream home is fully covered, from the very moment you exchange on a plot or building right up to the day you finally move in.
There are number of insurance packages available, all with the aim of providing a self builder with complete security for the entire project. These packages are available for most projects, large and small.
A typical comprehensive Self Build Site Insurance policy will have the following benefits and protection: Building Works, Temporary Works & Materials;; Conversion project - up to 110% of the Professional Reinstatement Cost; Own and Hired Plant, Tools & Equipment cover; Employers, Public and Personal liability.
Some insurers will also offer cover for Defective Title, Contaminated Land Indemnity, and, Restrictive Covenants etc to ensure you are fully financially protected no matter what is thrown at you!
Article Source: http://EzineArticles.com/85166
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