Flat insurance for converted buildings isn’t the same as insurance for normal, purpose-built flats. If you are looking for flat insurance for converted buildings you’d be well advised to read this helpful blog. In it we’ll highlight the major differences in flat insurance for converted buildings and what you need to look out for when buying a policy.
When taking out a ‘normal’ flat insurance policy there’s usually a need for the policy holder to fulfil a requirement of the lease while recognising the policy’s beneficiaries – the flat owners. In addition to this, the needs of the Property Managing Agents, Residents’ Association, Residents’ Management Companies etc. may also need to be considered.
When shopping around for insurance for converted buildings you may be surprised at the range of quotes you receive. This is because when it comes to flat insurance for converted buildings, the Devil is in the detail! Many flat insurance policies sold for converted buildings are, in fact, based on a generic property and may not offer sufficient cover.
When seeking a flat insurance policy for a converted building you need to ask:
Types and percentage of types of occupants of the flat?
Inspection of unoccupied flats?
Removal and storage of waste?
Illegal cultivation of drugs?
All of the above are crucial considerations when choosing flat insurance for converted buildings or a block of flats. If you would like any further help or advice regarding flat insurance for converted buildings or a block of flats then please get in touch and let 1st Sure Flats’ dedicated team help. You can contact us by calling 0345 370 2842, email us at email@example.com or if you’d like to get a free quote then just click here.