Compare Renovation Plan Home Insurance Quotes Against The Market

If you are planning major structural alterations, an extension, a basement conversion, or a complete property overhaul, standard UK home insurance policies will typically exclude or void coverage once works begin. In these scenarios, checking options with Renovation Plan is an essential step.

Established in 1999 and based in St Albans, Hertfordshire, Renovation Plan is a leading UK specialist provider of Contract Works and Property Renovation Insurance. Operating as a trading name of Sagar Insurances (part of Global Risk Partners / Brown & Brown Europe), Renovation Plan is an authorised coverholder at Lloyd's of London.

They cater directly to property owners, property developers, architects, and independent brokers, offering specialised policies that protect both the existing structure and the ongoing building works under a single contract.

You can get independent advice and a personalised quotes comparison of top-tier renovation, specialist, and contract works policies from one of our expert advisers below.

What type of property insurance do they provide?

Renovation Plan solves a major issue in the property market: standard household insurers will not cover properties undergoing active structural works, while standard contractor policies only protect the builder's liability, not your physical building structure.

Renovation Plan structures its policies across three core risk tiers (Plan 1, Plan 2, and Plan 3) to suit projects ranging from minor cosmetic updates to major structural redevelopments:

Renovation Plan Core Tier Comparison

Key Project Applications

• JCT Contract Compliance: Fulfills strict JCT (Joint Contracts Tribunal) Clause 6.5.1 / 21.2.1 requirements, allowing property owners and main contractors to be named as joint insureds on a single policy.

• Flexible Policy Terms: Available on 3, 6, 9, 12, or 24-month terms, with flexible policy extension options if building work runs past the original deadline.

• Broad Architectural Scope: Covers loft conversions, basement excavations, timber-frame extensions, barn conversions, listed building restorations, and commercial-to-residential conversions.

How Renovation Plan calculates premiums

Renovation Plan’s pricing relies on specialist construction underwriting rather than automated high-street algorithms:

• Lloyd's of London Capacity: Policies are backed by A-rated Lloyd's syndicates, providing the high financial capacity required to underwrite complex, multi-million-pound structural risks.

• Project-Based Risk Variables: Premiums are calculated based on four main parameters: the existing structure's current value, the total contract value of the building works, the project duration, and the structural nature of the alterations (e.g., whether deep piling or load-bearing wall removal is involved).

• Self-Service Online Portal: Property owners and brokers can enter project specifications into Renovation Plan’s digital portal to receive instant underwritten indications for standard structural projects.

Pros and cons

Here is a quick look at the pros and cons of protecting your renovation project through Renovation Plan:

Pros:

• JCT Contract Compliant: Easily satisfies JCT Clause 6.5.1 / 21.2.1 requirements by offering joint insured status for contractors.

• Lloyd's of London Backing: Exceptional financial strength and high capacity for high-value structural projects.

• Flexible Project Terms: Choose short-term 3, 6, 9, or 12-month policy durations to match your builder's schedule.

• Single Integrated Policy: Covers both the existing structure and the new contract works under one document, eliminating disputes between home insurers and builders' insurers.

• Unoccupied Property Allowance: Keeps the underlying structure insured while the property is uninhabitable during construction.

Cons:

• Unoccupancy Warranties: Strict site security warranties apply (e.g., regular site inspections, winter water draining, and secures on site materials).

• Project Extension Costs: Extending coverage if building work delays occur beyond the initial term requires additional pro-rata premium payments.

• Higher Compulsory Excesses: Excesses for structural works, theft of materials, or water damage during building works are higher than standard household policies.

Customer service and claims handling

Policy administration and technical claims are managed through dedicated UK specialist desks:

• St Albans Administrative Team: Quotations, policy extensions, JCT clause amendments, and general project updates are handled directly by their St Albans underwriting desk on 01727 791400.

• Specialist Construction Claims: Property damage, storm loss, site theft, or structural collapse claims are managed directly by experienced UK construction loss adjusters and Lloyd's claims representatives.

Sourcing a quote against the market

To obtain a quote, you can visit the official Renovation Plan website to complete an online project questionnaire or speak directly with their St Albans team over the phone.

However, because compulsory excesses for theft of site materials, structural works warranties, and contractor joint-names clauses vary across competing specialist renovation providers (such as Plum HomeWorks, Self-Build Zone, and Protek), running a parallel market comparison is highly recommended. Comparing alternative providers ensures you secure the best structural coverage terms and the most flexible extension options for your project.

At Money Helpdesk, our independent property specialists excel at mapping out home renovations, extensions, and non-standard structural risks. Get in touch today, and we will handle the market search to help you secure the ideal protection for your project.