Flat insurance is an extremely important issue for flat owners. There are three key types of flat insurance every flat owner should be aware of: buildings insurance, contents insurance and directors and officers insurance.
In this section there are many articles about insurance for flats, including what your insurance obligations are as a flat owner or landlord, how to get the best premium on your flat insurance, as well as other information about insurance for flats. If you have more questions, require further clarification, or want to suggest an article don’t forget to contact us, comment on an article or leave a comment in our forum.
Insurance premiums are, by the nature of the beast, hard to part with in the knowledge that you may or may not receive some benefit from your purchase.
Ian Reid Managing Director of Brevent Insurance, the leading independent block of flats insurance specialist explains why Resident Directors should pay much closer attention to their insurance arrangements now, especially as in many cases they represent 15-20% of the annual service charge.
Mira Bar-Hillel reports on the concern that a growing number of landlords are all too easily able to take commission for simply arranging building insurance for their block, and asks what’s being done to prevent this.