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At Owner Builder Club, we simplify the owner builder processes by providing every bit of information ranging from course to loans.

Owner Builder’s Risk Insurance: Don’t StartBuilding Without It

Somebody who owns a piece of land and wishes to construct any building on that land with his own sensibility and designing then he’ll be called as an owner builder.


This responsibility has got its own perks, some of them be like:

  • He rules the whole procedure of constructing the building
  • He can get a control over all the expenses and budgeting
  • The project can run as per his choices and requirements
  • The architecture of the building can be chosen as per his sweet will
  • It can also help you manage the time as per your comfort zone

To relish these entire merits one must also study the importance of owner builder insurance, which is basically meant to financially protect you as an owner builder. This kind of insurance is usually customized as per the need of the owner builder.

There are different types of insurance policies that an owner builder might need as per the concern of his domestic construction. These are:

  • Contract works and Public Liability Insurance
  • Voluntary Workers Insurance
  • Workers Compensation
  • Existing Structures cover
  • Tools and equipment.

To get insurance done as an owner builder is highly important since it will provide your work with a proper insurance coverage and also involves all the likings of public liability and contracts. In such cases, other insurance policies turn out to be nullified when you begin with your personal project. Therefore, it has been made a compulsion before the construction starts while it is going to cover points like:

  • Coverage for fire, storm, impact, wind and water damage
  • Coverage for malicious damage, vandalism or robbery
  • Coverage of public liability

The construction insurance includes the protection of the material and machinery used during the construction of the building and also to secure the stored material so that it could be used later. It will also cover you as a builder if you harm or injure any third party during the construction hours. Hence it is important to get the insurance done before the construction begins so as to protect yourself as an owner builder.

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