BIBA Renews Partnership With Renovation Plan

The British Insurance Brokers’ Association (BIBA) has renewed its member scheme with broker Renovation Plan for properties undergoing renovation work.

Renovation Plan is a specialist insurance scheme for properties undergoing construction, renovation or conversion catering for large or small projects including both residential and commercial properties.

The scheme covers the existing structure, party wall insurance, contract works and liability for a wide range of projects, valuing between £25,000 – £5,000,000, including standard extensions, barn conversions, basement conversions, self-builds, listed buildings, churches and commercial buildings. It provides enhanced hand tools cover, an enhanced hired-in plant limit, and no minimum levels of support.

Mike Hallam, BIBA’s Head of Technical Services, said: “We are pleased to renew this popular scheme that provides brokers with access to a specialist policy to ensure their customers have adequate insurance protection throughout renovation projects. Most standard policies are unlikely to provide cover if a property is unoccupied and undergoing work nor will they cover the building work itself.”

Dean Wright, Head of Sales for Renovation Plan, added: “We are really pleased to have renewed the scheme with BIBA and look forward to continuing to offer specialist cover and service to BIBA members. We have forged some great relationships over the last three years which we look forward to further developing, and I am excited about the new relationships we will create in the next three years!”

For more information brokers should visit BIBA’s websiteview a Broker’s guide  to insuring a renovation project or a guide to Health and Safety for Self-Managed Projects

About alastair walker 9024 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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