Insurance advice for homeowners planning structural changes
19th August 2009
According to by Sainsburys Home Insurance research, up to 3.27 million Britons are planning to alter their houses over the next year, but 29 per cent are not aware they must inform their insurers before doing so.
Sainsbury's Home Insurance manager Joanne Mallon remarked that buildings insurance premiums are affected by numerous things - such as the type of house and number of bedrooms - and making changes to homes can alter premiums, even with unlimited cover.
"Homeowners should know that in the event of an incident happening during or after the works are completed they could be left underinsured or even invalidate their insurance entirely if they have not informed their insurer first," she said.
More than 550,000 respondents are planning to add a conservatory and Ratedpeople.com recently recommended fade-resistant flooring to those carrying out such work.
