Darren Bagnall, Managing Director of Flat Living Insurance explains how choosing the best protection for your property is vital and how to get the best from your insurance broker or intermediary. As a director or officer of a Residents’ Management Company (RMC) choosing the right policies for your block is essential. Your fellow leaseholders are …
Coping with floods and storms
Storm Ciara is expected to cost up to £200m in insurance claims, storm Dennis figures are not yet known… The last few weeks have been fraught with danger for flat owners residing close to water or in areas that have suffered from the storms. We have all been watching the news and seeing homes underwater …
What policy excess should you choose?
Normally excess options will be offered, when you obtain and insurance quotation for your block. An excess is the first part of a claim which is paid by the Policyholder. For example, your quote could be offered with a £100 excess. If you prefer a NIL excess the premium would normally increase or could be …
Directors & Officers Liability Insurance
Darren Bagnall, Managing Director of Flat Living Insurance investigates the risks to Residents’ Management Company Directors whilst performing their duties. Those who serve on a Residents’ Management Company (RMC), Right to Manage (RTM) or Residents Association (RA) committee often do so in a very selfless way. They work with the best interests of the individual …
What is a Right to Manage Company?
Darren Bagnall, of Flat Living Insurance, discusses what a Right to Manage company is. Right to Manage companies give leaseholders the chance to collectively take over the management of their block of flats or apartments. According to LEASE, the Right to Manage was introduced through the Commonhold and Leasehold Reform Act of 2002, which gave …
How do I report a claim?
Flat Living Insurance explains the steps to take when reporting a claim. To notify us of a NEW claim, simply email us at info@flatlivinginsurance.co.uk or contact us on 0333 577 2044. What we will need: Photographs – The easiest way for us to understand the damage is for us to see it. Photographs are the easiest way to help …