Insurance for Blocks of Flats
If you’re responsible for arranging insurance for a block of flats then you need to be certain you’ve got the right policy with all the right cover. What’s more, you’ll want to make sure that the premium charged for your block of flats represents good value for money.
Of course, value-for-money flats insurance is not necessarily the cheapest quote you can find. What if the cheapest policy offered is unsuitable for your block of
flats or omits important parts of the cover? What if the insurer fails to live up to expectations when you make a claim? Choosing the wrong cover for a block of flats can have a knock-on affect for many parties:
- Individual residents of each flat.
- The freeholder.
- Leaseholders.
- Mortgage lenders who have an interest in the flats.
- The Residents’ Association or Residents Management Company for the block.
The responsibilities and liabilities involved with arranging cover for blocks of flats can be onerous - expert guidance is essential.
What to expect from a block of flats insurance policy
When looking for block of flats insurance we suggest you check the following:
- Will you get expert independent advice on a range of flats insurance products from different providers?
- Will the block of flats policy recommended be matched to your individual needs or that of the management company?
- When you need to make a claim, will there be someone independent to guide you through the claims process and negotiate with the insurer on your behalf?
Expert advice from block of flats specialists
Alan Boswell Group has years of experience in arranging insurance for blocks of flats. We work with managing agents, residents associations and property owners up and down the country to find the most suitable cover for block of flats.
Ask us to quote and this is what we will do:
- Assess your requirements and make sure we have a good understanding of the property involved.
- Research the market for the best flats insurance deal from leading UK insurers, including some specialist flats insurance facilities that we’ve negotiated.
- Make a recommendation based on your individual needs after comparing the cover on offer from the various insurers and the premiums quoted.
- Liaise with agents, mortgage lenders, freeholders, leaseholders and any Third Parties who need to know about the insurance arrangements for the block.
- Provide evidence of cover for individual flat owners if required.
- Provide free risk management advice.
- Offer a range of complementary products such as Directors and Officers liability cover for officers of the management company.
For your free, no-obligation quotation, complete the enquiry form,
email flats@alanboswell.com or call 01603 218000 and ask to speak to one of our block of flats specialists.
Alan Boswell Insurance Brokers Limited, Alan Boswell Insurance Services Limited and Alan Boswell & Company Limited are authorised and regulated by the
Financial Services Authority.
