Blocks of Flats Insurance

Do you own a block of flats or apartments?

Blocks of flats insurance is for landlords who own blocks of flats - whether that is as a freeholder, leaseholder or management company.

Block of flats insurance is particularly specialist and needs an expert to take the time to understand the risks and exposures and we have specialists in the property insurance sector who understand the differing requirements.

We will walk you through the process and find you the right cover at the right price. There are additional covers such as Employers' Liability and Directors & Officers Liability Insurance we can ensure you have, if required.

Your insurance policy should provide comprehensive cover for the entire building, factoring in that the flats will either be leased or rented out by the freeholder.

Insuring a flat is one thing, but if you the owner of a block of flats you will face increased risk in a number of areas, for example, damage to a communal area which no-one has owned up to, so this means securing a policy to cover all possible eventualities.

Common Buildings Insurance

This term is often found in a lease. It is a term used to describe an insurance policy that is arranged to cover all the flats in a block or (blocks on an estate) under a single policy, rather than each leaseholder arranging their own policy. It can be beneficial to arrange insurance on a block as you will be sharing many aspects of the structure such as roofs, communal areas, roads, bin sheds etc. This helps avoid problems in the event of claims in determining to who is responsible for reinstating property following a loss or damage. policy should include such areas as property owners liability cover, malicious damage and theft by tenants, loss of rent and obviously building and contents cover.

So what do I do next?

We certainly do not want you to waste your valuable time, so please get in contact with us today and we will take all of your details to obtain comprehensive and competitive terms on your behalf for your Block of Flats Insurance from the most trusted Insurers.

Get In Touch Today