Insurance Policies for blocks of flats
Darren Bagnall, of Flat Living Insurance, discusses some steps you can take to protect your property from accidental damage. Letting out your property always carries a certain amount of risk. No matter how reliable your tenants are, accidents can and do happen. However, although you most likely will have to deal with accidental damage at …
How can I reduce the effects of accidental damage in my block of flats?Read More
Darren Bagnall, from Flat Living Insurance, discusses why your Sum Insured value is important. Many insurance products for flats and apartments in the UK have evolved over the last twenty years, originally designed by insurers from commercial policies. Insurance protection has been enhanced over the years, but the risks faced by Residents’ Management Companies (RMCs) …
So, you get the phone call from a Mr Smith who lives in Flat 3, shouting that ‘somebody’s sprayed graffiti all over the wall again, what are you going to do about it?’ As a property manager, you need to act fast. Firstly, because Mr Smith is angry, and quite rightly so. Secondly, you need …
Darren Bagnall from Flat Living Insurance, discusses what to think about when hiring contractors, the importance of training procedures, and the legal duties you have. Contractors often do dangerous work. That means that, no matter how experienced they are, there is always a risk of an accidents or injury taking place, not only to contractors’ …
Flat Living Insurance demystifies the different areas of insurance. Before the worst happens and you need to make a claim, our essential guide to insurance will help you check that you have the right cover in place. Ensuring your block is adequately covered is a major responsibility and ensuring a competitive price as well as …
Insurance for your block of flats is a “distress purchase”; you only need to use it when something goes wrong. So when something does go wrong, what can you do to make sure that your claim is handled promptly with as little work as possible? Prompt action is always the key and it may reduce …
Under health & safety regulations, there is a duty for Companies to ensure that their passenger lifts are formally inspected by a competent authority every 6 months. Lifts would include passenger lifts, window cleaning hoists and winches fixed to the roof of the property. A record of these inspections must be kept and a certificate …
Lift Inspection and Insurance with Flat Living InsuranceRead More
There are areas of optional cover that some Residents’ Management Companies (RMC) decide not to take out when they are reviewing their options for their block of flats. This can have highly detrimental effects on residents, directors, officers and landlords. A summary of the most important products which are often overlooked is shown below: Directors …
