Property Insurance Centre

MARCH 11, 2025

” Plus, of course, the issue of home insurance and block of flats insurance costs, which in the UK increased by 21% year-on-year between July and September 2024, according to a report from Compare the Market. Many insurers require more detailed valuations and risk assessments due to the higher sums insured.

Risk

Property Insurance Centre

MARCH 21, 2025

Whether you’re a landlord, property manager, or investor, here’s what makes Manchester stand out: 1. Growing Property Market with Diverse Building Types Manchester has seen rapid urban development, especially in areas like Ancoats, Salford Quays, and Deansgate, with a mix of modern high-rises and older converted mills.

Premium

Property Insurance Centre

JANUARY 27, 2025

The quick answer is yes, you can insure your block of flats even if youre not the freeholder, but the process and your responsibilities depend on your ownership type and lease agreement. Steps to Take Check the Lease Agreement: This document will outline who is responsible for insuring the building.

Building

Property Insurance Centre

MAY 2, 2025

It is also important to have fully serviced and maintained Fire Alarm System in place failure to comply with such a condition can also exclude fire cover at your business.

Insurance

Property Insurance Centre

JUNE 5, 2025

This will mean you are insured for what insurers determine is a sudden or unforeseen event. When insuring your building, you need to correctly insure the amount it would take to reinstate the building in the case of a total loss. Index Linking What does this mean?

Insurance

Property Insurance Centre

JULY 14, 2025

If you’re renting to tenants who claim UC, make sure you understand the system, know your rights, and are ready to act if the rent doesn’t arrive.

Property Insurance

Property Insurance Centre

AUGUST 12, 2024

Automatic Fire Alarms in Commercial Properties New Rules 2024 As of October 2024 the London Fire Brigade will cease to attend alarms at commercial properties between the hours of 7am & 8:30 pm. It has been found that 99% of alarms at commercial properties are, in fact, false alarms and take up significant resources.

Commercial Property

Property Insurance Centre

SEPTEMBER 25, 2024

Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. What is Covered?

Building

Property Insurance Centre

JANUARY 4, 2024

The property insurance sector is no exception, as inflation directly impacts key cost drivers such as property valuations , construction costs , and labour. The rising costs of building or repairing properties have a direct effect on insurance premiums.

Property Insurance

Cover4LetProperty

APRIL 16, 2024

They can range from individual property owners to those who own multiple rental properties as part of their investment portfolio. Corporate landlords: These are companies or organisations that own and manage rental properties on a larger scale. They may own residential properties, commercial properties, or a combination of both.

Insurance

Property Insurance Centre

JANUARY 16, 2025

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE The Growing Need for Commercial Flood Insurance Flooding is the most common natural disaster in the UK, with 5.2 million properties at risk, according to the Environment Agency.

Commercial

Property Insurance Centre

DECEMBER 23, 2024

Do I have the right lock for my insurance ? Being a Commercial Property Owner or Business Owner you will be aware there will be certain conditions within your insurance policy with regard to the Security at the premises. What this lock simply does, is improve the physical security of your property straight away.

Commercial Property

Cover4LetProperty

JUNE 1, 2025

Not only that, but if your property is mortgaged, it may typically be a condition of your contract with the mortgage provider that you have adequate buildings insurance in place in order to protect both your financial interests. So, what are the main aspects you might want to consider when buying your landlords insurance?

Damage

Property Insurance Centre

OCTOBER 18, 2024

The insurance industry has had to adjust premiums to reflect this growing risk. By mid-2024, the average cost of home insurance had risen by 19% compared to 2023, with flood-prone areas facing even steeper increases​ CityAM.

Property Insurance

Property Insurance Centre

NOVEMBER 11, 2024

For example, many commercial buildings and retail business will often have large theft excesses applied, as a result of theft & malicious damage claims. Insurers will not ask to see a copy of the Certificate when you start cover, but will do so in the event of a fire at the property when you need to make a claim.

Insurance

Property Insurance Centre

JULY 21, 2024

Aspray’s exemplary performance serves as an inspiration, showcasing the impact of dedication, expertise, and a client-centric approach in achieving excellence in loss assessment and claims management.

Claim

Property Insurance Centre

AUGUST 8, 2024

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

Insurance

Property Insurance Centre

SEPTEMBER 11, 2024

Such cover may include the following: Removing Debris Dismantling or Demolishing Shoring up or Propping of equipment Please contact us if you would like to discuss your options or if you would like to add a Lift Insurance Policy to your Purpose Built Block of Flats Insurance Policy.

Insurance Policy

Property Insurance Centre

AUGUST 28, 2024

If you require further information, please call us on 0800 085 3761 * Equivalent (or better) performance is considered to be an alarm transmission system (“signalling product”) which has the same (or more) number of alarm transmission paths as the signalling product it is replacing, and with a maximum fault reporting time on the primary path of no (..)

Insurance

Property Insurance Centre

JANUARY 30, 2024

Freehold Block of Flats Insurance: Top Cover Tips If you own a freehold block of flats , it’s crucial to have the right insurance coverage to protect your investment. Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats.

Building

Property Insurance Centre

JULY 30, 2024

Arrange Landlord Insurance Coverage Landlords need to get the right kind of insurance for their rental properties. This includes insurance for the building itself, liability risks, and coverage for lost rental income. Open and quick communication helps to build trust, solve issues smoothly, and keep tenants happy.

Building

Property Insurance Centre

MARCH 19, 2024

“Insurance companies should prioritize consumer education to build trust and ensure policyholders understand their rights and responsibilities. ” Preventing Claims Disputes through Education One of the main benefits of insurer-led consumer education is the prevention of claims disputes.

Property Insurance

Property Insurance Centre

NOVEMBER 26, 2024

-rev1docx.docx [link] – Electrical Maintenance In Your Workplace | SafetyCulture [link] – Electrical Safety During and After Storms | Rutherford Electric Membership Corporation [link] – Winter Storm Electrical Safety – Electrical Safety Foundation International [link] – Electrical Safety Tips for Extreme Weather │ Legrand (..)

Injury

Property Insurance Centre

APRIL 22, 2025

Whether you are a Leaseholder of a converted house with 2 flats, or an owner of a flat within a purpose built block of flats with 20 other flats owners or tenants, a property owners policy will cater for the building only. The larger the building will often determine the amount you will require.

Insurance