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By not informing your home insurer of major changes, such as building an extension, you run the risk of invalidating your insurance policy should you need to claim in future. Also, your insurer should be informed of any building and renovation work before it takes place as; “most home insurance policies don’t cover tradesmen or their work.” (Matt Sanders, GoCompare)
According the Association of British Insurers (ABI), you should inform your insurer before you have any major building work done so that they can change and amend your cover to reflect any increase in the rebuild cost of your home.
They also state the importance of informing insurer’s prior to work being carried out so appropriate cover can be put in place, if you do not already have it, due to the increased risk of damage to your home and its contents.
Here are a few examples of when you should be getting in touch with your insurance company:
You don’t need to inform your insurance company when you:
The building part of your insurance policy is based on your property at the time when you take out your policy. Therefore if there is a change in the structure of the house, whether you add something or take something away, your existing cover may no longer apply or be appropriate for your home.
Contents cover may become invalid if you claim for a loss of property or damage to your possessions in an area of your home that your insurer isn’t aware of. This is likely not to be viewed favourably and is unlikely to result in a successful claim for you.
Here are a few steps to consider and what your insurer may need to know from you:
For more information regarding this issue, get in touch with your insurer who should be able to provide you with the answers to any questions you have or you can visit the ABI website.