Mi Specialty’s Residential Development product offers brokers and their clients a single, co-ordinated solution for insuring residential properties undergoing renovation or refurbishment.

Instead of arranging multiple separate policies, our product combines essential covers into one seamless package, simplifying the process for both brokers and clients.

Cover Features

• Existing Structure – protection for the property as it stands
• Contract Works – covering the building works and materials
• Homeowner’s Liability Risk – including Public Liability and non-negligent liability
• JCT Extensions – to meet contractual requirements

Why Choose This Product?

• Many standard home insurers do not cover properties undergoing works—we do
• Comprehensive package solution in one policy
• Suitable for small extensions through to large redevelopment projects
• Policies can be issued in joint names of the homeowner and contractor if required

Risk Appetite

• Coverage available for nearly all types of residential building works
• From minor renovations to major redevelopment projects
• Flexible underwriting to meet unique client requirements