Regular home insurance policies provide limited cover for exclusive items. (policybazaar.com)
Building codes, for instance, will often tack on thousands in extra rebuild costs — costs that are not covered under regular home insurance policy. (moneysense.ca)
However, if the actuary decides that the renovation is more substantial or, worse, structural in nature, then you may find that you're no longer insurable under regular home insurance policies. (moneysense.ca)