Let our specialist property team find the right cover and price for you.
With over 35 years experience arranging property insurance, we know that great cover and price are important to you and your tenants/clients.
With policies designed specifically for blocks of flats and apartments, we work with leading insurers such as AXA, Aviva NIG, Allianz, Zurich and Lloyd’s of London to design and deliver the right insurance solution for you.
Specialist Block of Flats buildings insurance, caters for the complexities of leasehold property ownership.
Transacting millions of pounds in premium each year we have vast experience in the placing of blocks of flats on behalf of landlords, investors, financial institutions, housing associations, committees/residents associations and property management agents.
The benefits of a block policy mean all properties are covered under one policy with one annual premium and one renewal date. Cover extends to include all communal areas such as roofs, stairwells, door entry systems, passenger carrying lifts, gardens, play areas, paths.
The main covers provided under this type of policy include:
What does blocks of flats insurance cover?
Cover can usually be arranged on an all risks basis, covering for example:
Loss of Rent/Alternative Accommodation
Public Liability/Property Owners Liability then Employers’ Liability
Directors & Officers Liability
Eviction of Squatters Expenses
Illegal cultivation of Drugs
Liable & Slander
Loss of Market Value
Cover can also be put in place to insure the liabilities of residents associations and any commercial units attached.
With some insurers we can obtain a free valuation by a chartered surveying firm. This ensures your building reinstatement sum insured is at a correct and adequate level. Under Insurance is a serious current issue for many blocks of flats throughout the UK.
In order to ensure your claims do not increase rapidly we manage and monitor every claim and spend time with our clients looking at claims patterns and suggest solutions to minimize future claims frequency and severity. Due to our experience in this market we can obtain competitive premiums from a panel of insurers.
Please contact us should you wish a review of your current property insurance or advice on any claims patterns you are experiencing.