Renovation Asset
A comprehensive policy for UK commercial property owners and developers who renovate, refurbish or extend an existing property, or undertake new builds. Applicable for developments with an existing structure value above £450,000, and contract works value greater than £250,000.
A specialist policy designed for commercial renovation, refurbishment or construction
Packaged under one single policy (for the existing structure, the contract works and the property owner’s liability exposures), Asset offers a solution to the challenges faced with traditional Property Owner’s policies where contract works cover can be heavily restricted after a certain threshold has been breached.
- Policy especially for UK property owners and developers renovating, refurbishing or extending property, or engaged in new build for commercial rather than domestic purposes.
- Existing structure value above £450,000
- Contract works value from £250,000 - £150 million
- Property Owner’s Liability- £2 million, 5 million and £10 million
Why we are the right choice
We’re on a mission to ensure that homeowners protect their most financially and emotionally valuable asset at the point of greatest risk. Nobody should lose their home because they are not properly insured during a renovation project.
Product Documentation
A comprehensive commercial policy for high-value development projects; from the market leaders in private client contract works insurance.
