Blocks of flats legal expenses insurance is a fairly inexpensive block of flats insurance extension and provides owners, management companies, residents’ associations or right to manage companies with protection for legal costs and expenses which may arise in connection with their ownership and leasing of a residential block of flats. Legal expenses insurance typically has limits of indemnity between £50,000 to £500,000 though if you have a specific sum in mind then please contact the 1st Sure Flats’ block of flats insurance team on 0345 370 2842 and they’ll be happy to discuss this with you.
Blocks of flats legal expenses insurance from 1st Sure Flats.com covers the following block of flats insurance areas of concern:
Contract Disputes – this is provided to insure against legal expenses incurred by block of flats owners when having to negotiate disputes relating to a contracts you have entered into with a customer or supplier for the purchase or sale of goods or services where the amount in dispute exceeds £250
Property Protection – this is provided to insure against legal expenses incurred by block of flats owners when they need to pursue a civil action following events which cause or could cause damage to your block of flats, a nuisance or trespass where the amount in dispute exceeds £1,000
Debt Recovery – this is provided to insure against legal expenses incurred by block of flats owners when they need to use your legal rights to recover money and interest due from the sale or provision of goods or services where the amount in dispute exceeds £100
Legal Defence – this is provided to insure against legal expenses incurred by block of flats owners for criminal action or civil actions which are taken against you for any non-motor related incidents arising in connection with your ownership of a block of flats. This includes cover for prosecution under Health and Safety or Data Protection legislation – the latter being on the rise in the UK since the establishment of the Information Commissioners Office.
Full or Aspect Enquiries – this is provided to insure against legal expenses incurred by block of flats owners to appeal proceedings in respect of a full enquiry and/or an aspect enquiry carried out by HM Revenue and Customs
If you are the owner or manager of a block of flats, a management company, residents association or right to manage company then block of flats legal expenses cover is something that’s well worth considering as it gives you a lot of protection for a small premium. 1st Sure Flats legal expenses cover starts at just £63 (including insurance premiums tax) for blocks of less than 25 flats.
If you’d like to discuss your legal expenses insurance requirements – or any other block of flats insurance extension – then please get in touch with 1st Sure Flats’ dedicated block of flats insurance team by calling 0345 370 2842. Or if you’d like to get a no-obligation block of flats insurance policy quote then just click here
