Finding specialist block of flats insurance providers can often be a difficult journey through endless paperwork, with rival companies promising the world. At QuoteSearcher, we remove this difficulty by connecting you directly with specialist brokers who compete to give you the most competitive price for your insurance.
When your block of flats needs to be carefully insured, and you need a broker you can trust, QuoteSearcher brings all possibilities together in one place.
QuoteSearcher is free to use, and strong relationships with our brokers leads to longevity, ensuring they are happy to continue offering the best and most competitive quotes for your specialist needs.
If you have a property portfolio, by insuring them all under the same policy you will get a reduced premium, saving both money and time.
Property owners liability
Covers legal and compensation cost in the event of a claim
Loss of rent cover
Guaranteed rental income if tenant cannot pay for any reason
Malicious damage & theft by tenants
Protection against deliberate theft or damage to property by tenants
Covers legal and compensation costs in the event of a claim by an employee
Building & contents cover
Protects building and internal contents from damage caused by fire and flood
Covers replacement of broken windows in the event of an accident
Contents of communal areas
Covers appliances and furniture used in communal areas
All risks cover
Cover from fires, storms, floods, subsidence and escape to water
What is Block of Flats Insurance?
Apartment block insurance is aimed at covering multiple residencies within one building. This could be a house that has been converted in self-contained flats, or a purpose-built location; Insurance brokers consider properties with two or more flats or apartments to be a block.
Insuring a single flat within a block is one thing, but if you are the owner of a block of flats you will face increased risk in a lot of areas. This means you need an insurance policy that covers you for a number of issues you would not face as a landlord of just one apartment.
When you have people living in close proximity to each other and sharing communal areas like hallways, the chance of an accident occurring is high. Damage can often go unreported, as the culprits may be unwilling to take responsibility for their actions and people generally take less care of something when the owner is not present.
Types of Tenants
There can be a number of different types of tenant that could have an effect on your policy and the features it consists of. These types can include:
Local authority placements
Whether you are a freeholder or property management company, you will be able to find the right quote for the right policy through QuoteSearcher.
I completed one simple form on the QuoteSearcher website and I received three excellent quotes. This was exactly what I was looking for!
James Kenneth - Carlisle
I just wanted to say how impressed I was with the ease in which I managed to purchase my very reasonably priced insurance online.
Jenny Doulton - Lincoln
Commercial Property Insurance
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