Block of Flats Insurance Policy or Freehold Policy
At Property Insurance Centre we find that many people who are responsible for organising insurance for a block of flats find the application process so complicated they tend to stick with the same provider for years. We have heard this again and again from landlords, management agents and residents associations. This means that they often haven’t had a competitive quote in a long time and unfortunately sometimes that their cover isn’t what they need and won’t be sufficient if the worst happens and they have to make a claim. At Property Insurance Centre we focus on making your renewal as easy as possible by taking all the details about your property, talking you through the types of cover you may need, agreeing what must be covered and what will be optional and then we do all the legwork for you. We have long established relationships with all the largest insurance providers in the UK so can find the best premiums to ensure you have the cover you need. If your premium seems to keep rising year on year and your loyalty to your provider doesn’t seem to be rewarded any more, give us a call at Property Insurance Centre or fill in our online quote form and we will call you back to carry out a block of flats insurance comparison with all our insurance providers. We can get you a better premium with better cover than 90% of our competitors and we often find our best premium is less than half the premium paid the previous year. To help take away some of the myths about block of flats insurance policies, here’s a few pointers.
TOP TIP – Keep your Fire Safety Procedures in Flats up to date. This can often get you discounts. Take a look at this Fire Safety Information which may help in lowering your insurance premium!
DOES MIXED OWNERSHIP OR MIXED USE OF THE BUILDING MEAN WE NEED TO TAKE OUT DIFFERENT POLICIES?
No – mixed ownership or use by lots of different people or businesses doesn’t make taking out your insurance more challenging. We understand that the needs of all the owners and occupiers needs to be covered, so we just need to make sure we know who is using the building and for what purpose to make sure they are included in your cover. If you have owner occupiers on a long term lets, tenants or a combination, you need to include cover for each of their needs such as alternative accommodation for owner occupiers and cover for rental payments for tenants. The use of the building can also affect your premium, so if you have businesses within your building you need to know the type of work they are carrying out on the premises..
WHAT COVER DOES A RESIDENTS ASSOCIATION NEED?
Resident’s Associations should have public liability insurance to cover the communal areas which the association looks after. This is to ensure that if someone has an accident in one of these areas there is insurance to cover any claims for negligence and avoids any member of the Residents Association being held personally liable.
WHAT ABOUT DIFFERENT TYPES OF PROPERTY?
If you own or look after different types of flats and maybe other types of property as well, this doesn’t mean you need lots of different policies – we can arrange a portfolio policy to cover all your buildings. Whether your premises were purpose built or converted or are small, large or includes multiple blocks, we can find a policy that suits your needs. Scale is not an issue either – we can provide cover for anything from a single building with two flats to a multi flat complex.
WHAT TYPE OF COVER DO I NEED AN HOW MUCH?
Your block of flats insurance policy needs to have the right cover. We will need to discuss the value you want to declare for the building which should be the cost of rebuilding it if the worst happens and the building is destroyed. We will then explore what other types of cover you need to agree what is needed, optional or not required. From cover for fire, flood, subsidence, legal expenses, loss of rent or alternative accommodation, we can obtain estimates and then agree what you would like to include in your policy.
DO I NEED TERRORISM COVER FOR MY BLOCK OF FLATS?
While you don’t have to have terrorism cover, it is not included as standard on most policies but is available as an optional extra from £50 so can be easily added to any policy.
WHAT IF THERE HAS BEEN A PREVIOUS CLAIM ON MY BUILDING?
If there has been a previous claim, we just need to know when the claim was made, what it was for and how much was claimed. We will need to explain this to the insurance provider when we are discussing cover and your block of flats insurance cost may have an increment to reflect the claim but it will not prevent you from taking out a new policy with a new provider.
So for the right cover at the right price, talk to the team at Property Insurance Centre on 0800 085 3761. We are the expert insurance brokers if you want a competitive block of flats insurance Quote. Here are a few examples of how we have helped our clients save money and ensure they get the best cover.
Why choose the Property Insurance Centre
Independent advice by approachable staff online or by phone
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Why choose the Property Insurance Centre
Independent broker with staff you can speak to by phone or online
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Why choose the Property Insurance Centre
Independent broker with staff you can speak to by phone or online
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Specialists in Commercial & Residential Insurance
We have over 40 years experience as Residential and Commercial Insurance Brokers. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks.
Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first.
Looking for a quote now? Give us a call on 0800 085 3761 or complete one of our quote request forms.
We are also authorised and regulated by the Financial Conduct Authority and you can view our registration here.
Get In Touch:
[contact-form-7 id="12585" title="New Callback"]We accept most payment types including:
Robert Fisher is a company director of the Property Insurance Centre, who specialise in Business and Property Insurance, serving clients throughout the United Kingdom. His expertise and career in insurance spans almost twenty years.
Robert’s background is in Building Surveying, which he studied at Heriot-Watt University, where he was awarded a BSc (Hons) degree. Much of his educational background is in Building Structural Safety from an engineering perspective.
The knowledge that Robert gained at undergraduate level has lent itself well, particularly as it has enabled him to evaluate the risks associated with certain buildings. This means he knows how best to place these risks and ultimately insure the properties against such risks.
His in-depth knowledge of various methods of construction has enabled him to easily identify which insurer’s underwriting criteria would best fit each client’s needs and provide the correct levels of cover.
Additionally, Robert is responsible for training the team and ensuring that they are always kept up to date with the latest industry developments. This is an area that he is naturally drawn to because of his inquisitive mind, diligence and passion for passing on knowledge to others.
He is a member of the Chartered Insurance Institute (CII) and qualified to Level 3 with the CII.
As part of the Level 3 certification, Robert has undertaken modules in Insurance, Legal & Regulatory (IF1), Insurance Claims Handling (IF4) and Insurance Household Products (IF6).
As a condition of CII membership, Robert continues his professional development by keeping abreast of the latest industry developments.
Contents
- 1 Block of Flats Insurance Policy or Freehold Policy
- 2
- 3 Insurance under one roof
- 4 We are specialists in many types of insurance
- 5 Block of Flats
- 6 Unoccupied
- 7 Home Insurance
- 8 Residential Landlord
- 9 Land Liability
- 10 Commercial Property
- 11 Lockup Garage
- 12 Restaurant
- 13 Takeaway
- 14 Classic Car
- 15 Mixed Use
- 16 Tradesmen
- 17 Why choose the Property Insurance Centre
- 18 Independent advice by approachable staff online or by phone
- 19 Access to a wide range of insurers to source suitable insurance cover for your needs
- 20 Bespoke Insurance Schemes & Portfolio Policies available
- 21 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 22 Competitive Premiums
- 23 Cover available for the buildings while the property is being converted, renovated or extended
- 24 Over 40 years experience working with the best insurers in the UK
- 25 Excellent communication so that you understand what risks you are insured against
- 26 Why choose the Property Insurance Centre
- 27 Independent broker with staff you can speak to by phone or online
- 28 Access to a wide range of insurers to source suitable insurance cover for your needs
- 29 Bespoke Insurance Schemes & Portfolio Policies available
- 30 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 31 Competitive Premiums
- 32 Cover available for the buildings while the property is being converted, renovated or extended
- 33 Over 40 years experience working with the best insurers in the UK
- 34 Excellent communication so that you understand what risks you are insured against
- 35 Why choose the Property Insurance Centre
- 36 Independent broker with staff you can speak to by phone or online
- 37 Access to a wide range of insurers to source suitable insurance cover for your needs
- 38 Bespoke Insurance Schemes & Portfolio Policies available
- 39 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 40 Competitive Premiums
- 41 Cover available for the buildings while the property is being converted, renovated or extended
- 42 Over 40 years experience working with the best insurers in the UK
- 43 Excellent communication so that you understand what risks you are insured against
- 44 Specialists in Commercial & Residential Insurance
- 45 Get In Touch:
- 46 We accept most payment types including:
- 47 UK Call Handlers & Dedicated New Business Team
- 48 Call Us on 0800 085 3761
- 49 Robert Fisher
