Home Renovation Insurance
Have you purchased a property in need of a revamp? Are you ready to transform, upgrade or modernise your home?
If you the owner are taking full charge of a renovation project, you’re setting yourself in motion to save big on costs. You’re also free to follow your own creative direction, to take control and mark your own stamp on every aspect of the project.
Whether you are an experienced construction or engineering professional or a dab hand at DIY taking charge of the works, undertaking a renovation project is no mean feat.
Therefore, you need to ensure the risks do not overcome the rewards and all your blood, sweat and tears and your hard earned cash is soaked up by a liability claim. You need to secure home and building insurance protection.
Why do I need renovators insurance?
A renovation project of any size can present significant risks. Whether you are remodelling an en-suite bathroom, adding a multi-story extension or even just knocking walls, a number of serious risks can pose a threat so you need to ensure that you have building, construction or renovation insurance in place. If hiring sub-contractors to work on renovations with you, you could be liable for claims resulting from actions, injury or damage to other people’s property, third party damage or injury.
Any damage to neighbouring properties, pathways or roadways or to the local environment e.g. waste entering water streams, toxic emissions can also lead to legal claims. There is also protection against the cost of theft of tools, and damage or loss with regards the property itself.
Even if it’s just a DIY project with some help from family and friends, you need to have liability cover in place. Home renovation or adding an addition construction insurance provides financial protection against all of these scenarios and more.
A house insurance policy is not enough
Don’t automatically assume that your current home insurance policy will provide protection for any claims relating to renovations – most standard home insurance policies don’t.
This cover usually comes as a home building construction insurance add-on or as a complete standalone renovation insurance product.
The last thing you want is to carry out renovations and then be hit with a legal claim, only to discover your house insurance policy doesn’t extend to cover renovations.
Qtrust Australia’s leading renovation insurance specialists
At Qtrust, we have a solid reputation for securing affordable yet comprehensive renovation insurance for homeowners. We’re not here to sell insurance.
Our approach is to assess your financial and risk needs and then match you with a renovation insurance policy that can adequately deliver on those needs at the best price possible.
Tens of thousands of owner builder projects have been insured under our name, will yours be next? Call us today on 1300 798 991 or get a quick quote online.
Qtrust provide owner builder insurance for all owner builders in Australia. If you need owner builder warranty insurance or home renovation insurance, give us a call and let us talk you through your best options. We specialise in services for owner builders in NSW, Victoria, QLD and WA.