Insurance for flat owners is typically designed to provide protection against damage and legal action plus you may also want to tailor your flat owner policy by selecting additional covers such as loss of rent, to give you added security and peace of mind.
As an owner of a block of flats, there are a number of events that could lead to claims being made against you, so it’s essential to ensure you have the right protection in place. Flat owner insurance will typically incorporate cover to protect you against a loss from a wide range of events, such as fire, flood, storm and many more. Your buildings and contents can also be protected against accidental damage or subsidence as well as damage caused by tenants offering you a broad range of protection for your investment.
As a landlord, you also have a duty to ensure the safety of your tenants, and any other visitors to your apartment blocks, such as contractors, tenants’ guests and letting agents. If someone fell down the stairs for instance and sustained an injury, you may be liable to pay compensation. Property owners liability insurance should be considered to protect you in these circumstances should you be found to be negligent.
Flat owner insurance can incorporate a number of optional covers to protect you against a whole host of eventualities, such as employers’ liability, loss of rent, personal accident and terrorism cover.
We work closely with a panel of trusted insurers to source tailored solutions for owners of flats and apartments that offers protection and peace of mind. Whether you own a purpose built apartment block or converted premises, our advisors are on hand to talk through your insurance requirements and get you the right cover at the right price.