Home renovators face the risk of being left behind due to lack of awareness.

The coronavirus pandemic has led to an increase in the amount of time spent at home for many of us. With offices closing back in the Spring, Brits have found themselves working from home more frequently. As a result, a significant number of people have been investing time, effort, and money in improving their homes.

Recent data indicates that over 3 in 10 Brits have carried out building work in their homes in the last five years, with projects such as replacing windows and doors, roof work, and landscaping being the most popular choices.

However, with more people engaging in DIY projects and home improvements during lockdown, the question arises of whether homeowners are considering the impact on their insurance policies. Some individuals are planning future building work without informing their insurance company, risking potential issues with coverage.

It is crucial for homeowners to be aware of the implications of home renovations on their insurance policies. Failing to communicate changes with insurers could result in voided coverage, leaving individuals vulnerable to unexpected costs.

Insurers and brokers need to educate customers on the importance of updating them about home improvements to ensure continuous coverage. Open communication channels throughout the policy duration can help avoid conflicts and retain customers in the long term.

Brands should take a proactive approach in guiding customers on their insurance policies, especially in light of the increasing trend of DIY projects. By helping customers understand their coverage and protecting their homes, brands can add value and enhance customer loyalty.