Block of Flats Insurance Specialists, Est. 1976
Listen to Block of Flats Insurance explained by one of our directors
How Does Insurance Work In A Block Of Flats?
Insuring your property under the correct type of policy is essential.
Whether you are a Leaseholder of a converted house with 2 flats, or an owner of a flat within a purpose built block of flats with 20 other flats owners or tenants, a property owners policy will cater for the building only.
Occupants will then need to consider a Contents Policy or Tenants Contents policy should they require cover for their belongings and include Liability Cover from within their own unit.
To Discover How Does Insurance Work In A Block Of Flats Either Listen To The Audio Above Or Read This Short Informative Article
An additional contents policy is highly recommended and sometimes overlooked by stakeholders.
Let’s consider some of the benefits of a Block of Flats Insurance Property Owners Policy:
• Property Owners Liability is included up to £2m as standard and can be increased to £5m or even £10m on request. The larger the building will often determine the amount you will require.
• Full Accidental Damage Cover – this covers for sudden or unforeseen events. Not all insurers include this as standard. It will therefore need to be added to the policy. We highly recommend you add this cover, as it can often pick up certain claims or damage that may not be covered under the standard perils. It is also a relatively inexpensive addition & highly recommended.
• Trace & Access – Some insurers may cap this cover up to £5,000 or £10,000. Some insurers will have no cap. This cover is essential should you have a sub-floor leak & cover the cost of tracing the leak. Think of ripping up floor to get to the source & the extra cost this would incur. Note that trace & access is only payable when there is valid claim or leak. The cost of which can’t be reclaimed if a floor is ripped up to find there is no leak!
• Escape of Water – This peril is far the most regular and damaging type of claim we hear about in any block of flats. Adequate cover here is essential, and we recommend you check your excess carefully under this policy.
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
- 2 Block of Flats Insurance Specialists, Est. 1976
- 3 Listen to Block of Flats Insurance explained by one of our directors
- 4 How Does Insurance Work In A Block Of Flats?
- 5 To Discover How Does Insurance Work In A Block Of Flats Either Listen To The Audio Above Or Read This Short Informative Article
- 6
- 7 Insurance under one roof
- 8 We are specialists in many types of insurance
- 9 An additional contents policy is highly recommended and sometimes overlooked by stakeholders.
- 10 Let’s consider some of the benefits of a Block of Flats Insurance Property Owners Policy:
- 11 Block of Flats
- 12 Unoccupied
- 13 Home Insurance
- 14 Residential Landlord
- 15 Land Liability
- 16 Commercial Property
- 17 Lockup Garage
- 18 Restaurant
- 19 Takeaway
- 20 Classic Car
- 21 Mixed Use
- 22 Tradesmen
- 23 Why choose the Property Insurance Centre
- 24 Independent advice by approachable staff online or by phone
- 25 Access to a wide range of insurers to source suitable insurance cover for your needs
- 26 Bespoke Insurance Schemes & Portfolio Policies available
- 27 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 28 Competitive Premiums
- 29 Cover available for the buildings while the property is being converted, renovated or extended
- 30 Over 40 years experience working with the best insurers in the UK
- 31 Excellent communication so that you understand what risks you are insured against
- 32 Why choose the Property Insurance Centre
- 33 Independent broker with staff you can speak to by phone or online
- 34 Access to a wide range of insurers to source suitable insurance cover for your needs
- 35 Bespoke Insurance Schemes & Portfolio Policies available
- 36 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 37 Competitive Premiums
- 38 Cover available for the buildings while the property is being converted, renovated or extended
- 39 Over 40 years experience working with the best insurers in the UK
- 40 Excellent communication so that you understand what risks you are insured against
- 41 Why choose the Property Insurance Centre
- 42 Independent broker with staff you can speak to by phone or online
- 43 Access to a wide range of insurers to source suitable insurance cover for your needs
- 44 Bespoke Insurance Schemes & Portfolio Policies available
- 45 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 46 Competitive Premiums
- 47 Cover available for the buildings while the property is being converted, renovated or extended
- 48 Over 40 years experience working with the best insurers in the UK
- 49 Excellent communication so that you understand what risks you are insured against
- 50 Specialists in Commercial & Residential Insurance
- 51 Get In Touch:
- 52 We accept most payment types including:
- 53 UK Call Handlers & Dedicated New Business Team
- 54 Call Us on 0800 085 3761
- 55 Robert Fisher
