Block of Flats Insurance
Our Providers
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At Addison Bradley, we understand the unique challenges freeholders, landlords, management companies, and resident associations face in London. Our block of flats insurance policies are designed to offer protection, ensuring peace of mind for all stakeholders. Whether you manage a converted house with multiple flats or a purpose-built apartment block, our insurance provides tailored cover to meet your needs.
What is Block of Flats Insurance and Who Needs It?
Block of flats insurance is a specialised policy covering the entire building, including communal areas, structural elements, and shared facilities. It provides financial protection against property damage, liability risks, and unforeseen events.
This type of insurance is essential for:
- Freeholders – Owners of the entire block are responsible for arranging building insurance.
- Landlords – Those who let out one or more flats within the building.
- Property Management Companies – Firms overseeing the maintenance and administration of flats.
- Residents Associations – Groups managing a block on behalf of leaseholders.
Without the right insurance, property owners may be exposed to significant financial risks, including legal liabilities and repair costs.
SURANCE
What Does Our Block of Flats Insurance Cover?
Buildings Insurance
- Covers the physical structure against fire, floods, storm damage, and subsidence.
- Ensures compliance with mortgage lender requirements.
Accidental Damage
- Protects against unexpected damage to communal property or fixtures.
Loss of Rent & Alternative Accommodation
- Provides financial support if residents need to move out due to an insured event.
Communal Contents Cover
- Covers furnishings, carpets, and appliances in shared areas such as lobbies, hallways, and stairwells.
Property Owners’ Liability
- Covers legal costs if a resident or visitor suffers injury or property damage.
Employers’ Liability Insurance
- Ensures the business is protected against legal and compensation costs when employing staff or building maintenance, security or management.
INSURAN
Why Choose Addison Bradley for Your Block of Flats Insurance?
With over 30 years of experience, Addison Bradley is a trusted provider of specialist block of flats insurance in London. We offer tailored policies designed for freeholders, landlords, management companies, and residents’ associations, ensuring protection at competitive rates.
Our team offers expert advice, staying up to date with industry regulations to help you navigate complex insurance requirements. By working with leading insurers, we secure cost-effective policies without compromising on quality. From policy setup to claims assistance, our dedicated team ensures a smooth, hassle-free experience. If you would like to speak with one of our specialists, contact us today at 020 7355 1616.
Why Is Block of Flats Insurance Important?
Owning or managing a block of flats comes with significant responsibilities, and without the right insurance, you could be exposed to costly repairs, legal claims, or damage to communal areas. The right policy will protect you against:
- Structural damage caused by fire, storms, or accidental events.
- Legal responsibilities for injury claims from tenants or visitors.
- Financial losses due to tenant displacement or rental income loss.
- Unexpected expenses arising from unforeseen incidents.
Securing the right insurance ensures that all stakeholders, including leaseholders and management companies, are protected. To discuss a tailored block of flats insurance policy, contact our specialist team today at 020 7355 1616.
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FAQs
Block of Flats Insurance FAQ
INSURAN
Does the landlord or tenant pay for the flat building insurance?
Freeholders or management companies typically arrange block of flats insurance, and the cost is shared among leaseholders through service charges. Tenants are usually responsible for contents insurance to cover their belongings.
Is block of flats insurance a legal requirement?
It’s a legal requirement for the responsible party, such as freeholders, managing agents, or a residential management company, to have an insurance policy in place to cover the building and any communal areas.
Who needs building insurance for flats?
Building insurance is essential for freeholders, landlords, management companies, and resident associations. If you own a leasehold flat, you typically contribute towards a block insurance policy rather than arranging individual cover.
Will I need building insurance if I rent within a block of flats?
As a tenant, you don’t need building insurance but you should consider contents insurance to protect your belongings against theft or damage.
How much does block of flats insurance cost?
The cost of an insurance policy for a block of flats will vary depending on factors such as the building size and structure, location, previous insurance claims, security features, and more. For a detailed quote, contact our team at Addison Bradley.
How do I get a quote for my policy?
Getting a quote is simple! Call us on 020 7355 1616, and our specialist advisors will provide you with a customised insurance quote for your block of flats.