Bookmark and Share

Buildings Insurance for Blocks of Flats

Policy Summary

Our flats buildings policy is designed to suit the needs of a freeholder, residents association, management company or an RTM company in arranging a block insurance policy for purpose build blocks of flats or houses converted into flats / apartments.

Written on an all risks basis, it provides for the specific needs of flats and flat owners.

Flats Buildings Insurance cover automatically includes:

  • Bespoke buildings cover for flats including index linking
  • Communal contents up to £25,000
  • Loss of rent / alternative accommodation up to 33% of buildings sum insured
  • Property owners liability of £5,000,000
  • Employers Liability of £10,000,000
  • Trace & access of leaks £50,000
  • Loss of metered supplies £25,000
  • Damage to gardens by emergency services £25,000
  • Landlords gardening equipment £10,000
  • Replacement locks following theft of keys £2,500
  • Felling or lopping of dangerous trees £2,500
  • Removal of Bees and/or wasps nests £2,500
  • Removal of fly tipping £2,500

And to protect the interests of the policyholder / flat owners our policy automatically includes:

  • A non invalidation clause to prevent the policy being invalidated by events unknown by or outside the control of the policyholder.
  • Automatic extension for repairs / contract works up to £50,000
  • Automatic inclusion of interested parties
  • Automatic extension to the Public liability section to protect management companies, residents associations, RTM companies and lessees.
  • Automatic extension to extend loss of rent cover to private lessees who rent their flats.
  • Automatic transfer of interest extension to cover sale of flats
  • Automatic compliance with the mortgage lenders handbook

Extensions are available to cover: