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Approx. cost of site insurance


hellopaul

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Hello,

I've recently purchased a barn for conversion, and need some insurance. I've been quoted £2300 for 18 months (~£1500 per year) which seems quite steep, so I was wondering approximately how much other people are paying for insurance, and how hard they found it to even get a quote (I'm not finding it an easy process to even get anyone prepared to quote at all!).

Thanks,

Paul

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49 minutes ago, hellopaul said:

I've been quoted £2300 for 18 months

What does that include? Ours was about the same price and covered Site caravan and content, own plant but not hired. We bought our own telehandler, digger and dumper. We did it through ProTek

At the time they didn't do the structural warranty though.

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2 hours ago, hellopaul said:

Hello,

I've recently purchased a barn for conversion, and need some insurance. I've been quoted £2300 for 18 months (~£1500 per year) which seems quite steep, so I was wondering approximately how much other people are paying for insurance, and how hard they found it to even get a quote (I'm not finding it an easy process to even get anyone prepared to quote at all!).

Thanks,

Paul

We are just asking for quotes 

Last time we covered public liability 

and the house and garage against fire and vandalism 

As soon as you start covering plant and tools The insurance seems to jump up 

£605 four years ago with Protect 

Be careful not to have to extend for a short period as they charged nearly the same for an extension of 6 months 

Edited by nod
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@Ajn

This is what the quoted policy covers:

Existing Structure Sum Insured: £200,000

Contract Works: £350,000

Contents Sums Insured: Not Insured

Own Plant Sum Insured: Not Insured

Hired in Plant Sum Insured: Not Insured

Public Liability: £2,000,000

Advanced Loss of Rent Not Insured

Terrorism Not Insured

Non Negligence: Not Insured

Excess: £1,000

Advanced Loss of Rent Excess: Not Insured

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53 minutes ago, hellopaul said:

@Ajn

This is what the quoted policy covers:

Existing Structure Sum Insured: £200,000

Contract Works: £350,000

Contents Sums Insured: Not Insured

Own Plant Sum Insured: Not Insured

Hired in Plant Sum Insured: Not Insured

Public Liability: £2,000,000

Advanced Loss of Rent Not Insured

Terrorism Not Insured

Non Negligence: Not Insured

Excess: £1,000

Advanced Loss of Rent Excess: Not Insured

 

Feed the same cover requirements into the Protek online quotes Web page.

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