What is block of flats insurance?
Block of flats insurance (also known as block insurance) is ideal for a wide variety of different types of property, including houses which have been converted into flats, commercial properties and purpose built blocks. It’s primarily designed to ensure that if anything catastrophic happens to the structure of the building, landlords or property management companies are covered for the repairs and other associated costs.
Who needs block of flats insurance?
Block insurance is vital for landlords or flat management companies who own or look after blocks of flats, residential apartment blocks or tenements. It’s important to remember that each block is designed and built in a variety of shapes and sizes, each with different insurance requirements, so it’s important to get the right cover you need to ensure total protection. This is where we come in.
What’s included on a block of flats insurance policy?
We are a specialist commercial insurance broker and have access to a wide range of policies from a variety of leading UK insurers. This means we can provide a wide range of options from our large database of insurers to help you find the perfect cover for your building(s) to cover against fire, water leaks, accidental damage, flooding and much more. We can even arrange specialist insurers for difficult to insure buildings, such as those with subsidence issues or which are near a flood plain. Many policies also cover the contents of communal areas such as hallways, landings and reception areas such as furniture and furnishings.
Alternative accommodation cover
This type of protection comes into play in the event that the damage to the property is so extensive the tenant(s) can no longer carry on living there. As the landlord or agent, it’s your responsibility to provide alternative accommodation in this case for as long as it takes for the building to become habitable again.