Blocks of Flats Buildings Insurance

Blocks of Flats Buildings Insurance – What You Need to know

Blocks of flats buildings insurance is a complicated area of property insurance as different insurers have different needs. At 1st Sure our blocks of flats buildings insurance policies are specifically designed specifically to suit the needs of the Freeholder, Residents Association, Management Company or Right to Manage Company or any other individual who is responsible for arranging blocks of flats buildings insurance. Our policies are also adapted to suit the building in question – be it a purpose built blocks of flats, a converted house or houses, apartments or apartments with heritage features, our block of flats buildings insurance covers them all. About 1st Sure Blocks of Flats Buildings Insurance 1st Sure’s buildings insurance for blocks of flats automatically include the following cover:

Bespoke blocks of flats buildings cover for flats including index linking
Loss of rent/alternative accommodation up to 33% of buildings sum insured
Trace & access of leaks £50,000
Property owners liability of £5,000,000 or £10,000,000
Replacement locks following theft of keys £2,500
Loss of metered supplies £25,000
Damage to gardens by emergency services £25,000
Landlords gardening equipment £10,000
Felling or lopping of dangerous trees £2,500
Removal of Bees and/or wasps nests £2,500
Removal of fly tipping £2,500
Communal contents up to £25,000
Employers Liability of £10,000,000
Damage to underground services
Breakage of fixed glass & sanitary fixtures
Reinstatement costs of complying with European Union and Public Authorities regulations

In addition, in order protect the interests of the policyholder and or flat owners, 1st Sure’s policy also includes:

Automatic extension for repairs / contract works up to £50,000
A non-invalidation clause to prevent the policy being invalidated by events unknown or outside the control of the policyholder
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 compliance with the mortgage lenders handbook
Automatic inclusion of interested parties
Automatic transfer of interest extension to cover sale of flats

The following extensions are also available:

If you’d like any help with getting the right blocks of flats buildings insurance policy for you then please get in touch, by calling us on 0345 370 2842 or if you’d like to get a free quote then just click here