When should I get buildings insurance for my project?
We are in the process of a self build. The house is now watertight with first fix electrics and plumbing completed, and water has also been connected. The kitchen is due to be fitted soon, with other second fix items to follow shortly after. At what stage can we get buildings insurance for our project?
There are a few things to consider here. Firstly, a standard home insurer would normally expect your home to be fit for occupation and therefore for you to be living in the property at the time of purchasing and commencing a buildings insurance policy. Secondly, many insurers will ask whether your property is undergoing building works. Some may subsequently decline to quote for buildings insurance if the answer is yes.