Building insurance may be especially important for Green Deal homes

Green Deal homes are very energy efficient but perhaps they could cause risks to inhabitants?

09:13 13 July 2013

Recently it was brought to the public’s attention that the severe weather in the UK could cause issues for those who joined the Green Deal in making homes more economical. The heat has no outlet and is retained inside the home acting like an oven and potentially causing death, according to reports.

There are changes being made to resolve the issue, but this is a perfect example of why a person should have building insurance, even if your mortgage company does not require it.

 

Here are a few benefits of building insurance that might come in handy:

• Over the next few years, experts on the climate tell us that we can expect several changes regarding weather patterns in the future. These potential changes can range from extreme cold to extreme heat.

Extremes of any kind take a toll on building materials, regardless of how sturdy a structure is. In addition to the wear on a structure, the extreme heat could cause fires in areas that would not typically be fire zones and such problems can spiral out of control, consuming many homes before burning out or being successfully controlled. The cost of rebuilding a home might not be possible for many people without protection like building insurance.

• Floods may be another worry for building owners. It’s likely that some of the weather extremes could result in higher rivers and streams that might flood homes and businesses, but those are not the only possibilities. With building insurance you can protect against the costs of flood damage from pipes, weather, or other situations.

 

• Personal liability is another great reason to ensure you have sufficient building insurance in case someone is injured while visiting or staying in your home. This, of course, is especially important for those who have a business.

Always make sure you have enough building insurance to rebuild, and to cover any accidents to people.