The Right Cover at The Right Price
Blocks of flats insurance covers Apartment blocks, from small to very large. It refers to buildings insurance cover for all flats within one building.
If a house is converted to self-contained flats or purpose-built blocks. Insurance brokers consider a property with two or more flats to be a block. This could be either a small block of flats or a large block. The policy will also include cover for all communal areas.
Insuring a single flat within a block can be difficult. An individual flat can be open to increased risks due to the flats surrounding it. A dedicated block insurance policy covering all possibilities and eventualities is the way to go.
A block of flats is a building that covers more than two self-contained flats or apartments. The owner of a block may act as a landlord or have a flat managed by a third party company acting as a landlord.
Full building liability is part of many block insurance policies. To some degree, any damage to the structure, communal ways or landscape gardens will be within an element of the policy.
The process of insuring flats can be complicated. As there are many factors for consideration in the event of damage. A vehicle or personal asset can have a determined value. Blocks of flats or apartment blocks are not as simple. But we can take out the hassle of dealing with this for you.
We have partnered with some of the UKs leading insurance companies. We ensure that your policy is tailored to cover all potential risks, for all affected parties. Whether properties are purpose-built or conversions to individual flats or entire blocks. Whether the tenants are leaseholders, DSS tenants or a mix of both your policy will be specific to you.
You will have various options which will include and exclude contents insurance. This will mean that the costs incurred by a sudden loss of water or damage to fittings are covered. The policy would include loss of rent. This may be an issue if your tenants need to find alternative accommodation whilst repairs take place.
Ownership and responsibility for a block of flats can vary. Flat ownership and insurance for flats fall into the following categories:
Buildings Insurance for blocks of flats can be easily designed to take into account the various ownership structures. It can also cover non-standard risks such as malicious damage and landlords contents insurance. In some cases, residents in blocks of flats rely on Management Companies to handle maintenance and other tasks. The residents of the blocks of flats may have taken the Right to Manage. In this case, they may be considering looking for a landlord blocks of flats insurance. The process of looking for such insurance may depend on the size of the block and the elements of cover needed.
There are comparison sites that can be visited online that may help. However, by taking that route they may not be offered a policy of the same standard. For instance cover for things like subsidence, liability insurance, malicious damage and landlords contents insurance. Where specialist insurance is required it is always worth looking into the market to see what is available. We can do that for you and offer various providers. Whether looking to insure a flat in a block, a maisonette or a whole block of flats we can provide you with comprehensive, cheap insurance. Whatever circumstance applies, we can provide the cover you need.
We deal with all types of insurance and particularly blocks of flats insurance or apartments within leaseholds. They are often known as “block insurance” or “blocks of flats insurance” we understand that you as a leaseholder if dealing with this it can be a very large responsibility and even for a management company.
It may be a Director of a Right to Manage Company, a member of a Residents Association, a leaseholder or simply a resident who has volunteered to organize the building insurance for your block of flats.
We can help you with this service. We can supply you with insurance from two flats that were converted from a house to in excess of 300 to 400 flats within a block. We insure property of standard and non-standard construction as well as listed building insurance. We have huge amounts of different policies that include all sorts of cover such as accidental damage, loss of rent, alternative accommodation, subsidence, malicious damage and comprehensive service.
Did you know that you are entitled by law to request your managing agent to give you full details of the commission that they own within the policy itself? You may be horrified to find that some people are earning a huge amount from your policy rather than just insuring your block itself. We have been able to help lessees from all over the country dramatically reduce their cover see our examples below:
iInsure365 have an exclusive product with Aviva and the product includes the following:-
There are also optional covers such as:-
We will need some very basic information in order to give you a quote to help reduce your insurance premium such as:-
Don’t hesitate to contact us to discuss this with you.
Block of flats insurance or block insurance is normally done by landlords, flat management companies… Read More
9 months ago
Whilst we agree that Landlords Associations do a great job in certain areas, we are… Read More
1 year ago
iInsure365 arrange building insurance for blocks of flats. We understand in detail the distinct requirements… Read More
2 years ago
I have insured my property with iInsure365 for the last 8 years.Yet, they were able to maintain the cover and the premium which I appreciated them doing.