What is Self Build Insurance?

Self build insurance provides cover for individuals who are building their own home or carrying out major renovations or extensions to an existing property.

It is typically arranged for a fixed period of 12 - 18 months; however, extensions can be arranged if delays affect your timeline.  

Why Do I Need Self Build Policy?

At the start of a self build project, you can be exposed to liability risks due to uneven ground, open excavations, delivery of materials and multiple tradesmen working simultaneously on the site. If a contractor, visitor or member of the public is injured, the homeowner may be held responsible. Early-stage works are also highly exposed to the weather. Excavations can flood, unfinished structures can be damaged by wind and rain, and stored materials may be affected before installation. 

If you are renovating or converting your home, the added complexity of working with an existing structure means unknown defects can appear once a wall has been removed or roof opened. These discoveries can lead to delays, design changes and increased costs. While insurance cannot prevent these issues, knowing what self build insurance covers & thus having the right cover ensures that any resulting damage or secondary incidents are managed properly.  

Delays are regular occurrences during construction projects, ranging from time constraints of tradesmen or shortage of materials. These issues can often push the project beyond the initial cover period.  

The most important step is discussing these delays with your insurance provider. If you wait until your insurance has expired, it can cause huge risks for you and those working on your project. If your timeline changes, let your insurer know early, which allows extending the policy to be an easier process.

Insurance policy gaps on building sites are very risky due to the vulnerable nature of construction work and possible fire, damage, and theft. It’s important to note that even a short gap in cover can expose you to significant costs. 

Our team of experts will advise you on a realistic policy duration and ensure you do not underestimate the timelines of the project. 

How Can Arachas Help? 

As Ireland’s largest nationwide insurance broker, Arachas Self Build Protect brings over 20 years of specialist knowledge and experience in supporting people through their self-build journey.

We provide market-leading cover for all your risks, backed by support from expert teams who understand the insurance needs of self-build projects. Trust us to look after your insurance, so you can get on with building your new home.   

Contact us today to speak to our specialist team- 051 840 906, [email protected] or complete the our quote form.