Do you need insurance when renovating?

It's a good idea to have renovation insurance to cover potential damage, theft or accidents during renovations. Your builder should have their own policy to cover risks specific to their works, but a standard home insurance policy might not cover other risks associated with renovations .

What happens if a builder does not have insurance?

If a builder does not have insurance , you could be liable for damages, accidents or unfinished work. It's always advised that you ensure your builder has public liability insurance and home warranty insurance or building insurance required in your state or territory, before starting renovations.

How long can you leave a house empty with house insurance?

Most house insurance policies cover unoccupied homes for up to 60 to 90 days. After this period, you may need unoccupied home insurance , as leaving a property empty for extended periods could increase the risk of damage or theft.

Do I need accidental buildings insurance?

Accidental buildings insurance is optional and can be useful as it covers sudden, unforeseen damage to the structure of your home, such as a burst pipe or accidental damage during renovations .