Renovation works increase various kinds of risks, not all of them to you and your property. With many materials and heavy-duty tools being used, the risk to neighbour’s property also increases. Such hazards are rarely contained to the property that the works are occurring within and as a result, owner liability insurance should be researched as a matter of course if you want to be sure that you are covered for all eventualities.
It isn’t only property that is put at risk when major renovation works are taking place, the risk of injury to people is also a major issue. If you are taking on some of the work yourself, this may also increase your liability. Public liability insurance covers legal and health costs that can occur should injury to third parties transpire. While this policy may depend on your specific circumstances, it should always be considered.