BACK TO BASICS SELF BUILD INSURANCE
Protect your plot, build and finished property by getting the right cover in place, says Self-Build Zone’s Jake Fitness
Let’s face it: compared to decisions like choosing a structural system for your project, insurance is one of the dullest products out there. So, in the initial phases of planning your home building project, it ’s not likely to be high on your radar. But maybe it should be. It ’s only when you’ve been targeted by an arsonist or on the end of a serious theft that you can truly appreciate just how impor tant site insurance is. You’ll also want to protect your home investment postbuild. Here’s what you need to know.
You’ve purchased your plot – now what?
At this stage, your dream home may be lit tle more than a sketch. But as soon as you own a plot , you’re liable for what happens on it – including if someone gets hurt. So, from the moment you buy the site, you will need to at least have a public liability policy in place.