Buildings insurance on a leasehold flat

If you own a flat, it is very likely that it is the responsibility of the Freeholder/Landlord or the Management Company to insure the whole development. Your lease will set out who is responsible for arranging the building insurance for your property.

Where it is the Freeholder’s/Landlord’s responsibility to arrange the building insurance under the terms of the Lease, we recover the cost of the premium from the leaseholders. We may invoice the leaseholders direct or the leaseholders may be invoiced by their management company or managing agent as part of the service charge.

The development would be covered under a block policy. This ensures that all common parts, roofs, party walls etc are covered along with all the flats within the block. It is very unusual for a flat lease to allow a leaseholder to arrange the building insurance for their own individual flat.

LPM is an Appointed Representative of Residents Insurance Services Limited who is regulated by the Financial Services Authority.

If you own a house, it is usual for the owner to arrange their building insurance.

Related Posts

Buiten & associates insurance agency

Your Dedicated Florida Insurance Agency for Over 35 Years. HIG Insurance Group is a f...

Bull riders health insurance

Every health plan comes with limitations on the coverage it offers. But if you have a pre-exis...

Bumrungrad hospital health insurance

Thailand 's healthcare network is comprised of both public and private hospitals. While many o...

Bundled vs unbundled insurance

A type of financial protection plan that provides cash to beneficiaries upon the policyholder'...

Bupa business travel insurance

Covers your people and your business’ equipment, giving support for your mobile workforc...

Bupa health insurance corporate plans

An employee benefits program makes a positive contribution to an organisation's culture – in...

Bupa health insurance prices

Whatever you do, wherever you live, however you play. we've got you covered with Hospital and ...

Bupa insurance company florida

Your home and its contents are among your most valuable assets and cherished possessions....

Bupa international health insurance reviews

Select is Bupa’s community-rated SME offering and it has been updated to simplify and enhanc...

Bupa medical insurance south africa

Address: Russell House, Russell Mews Brighton, BN1 2NR BrightonTel: +44 (0...

Bupa private insurance australia

To help us fulfill our global regulatory requirements; when making an application, we will ask...

Bupa usa health insurance

Oman Insurance Company (PSC), or OIC, is based in Dubai, UAE. OIC has 15 branches including th...