Distinguished

MARCH 20, 2025

From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. In this guide, we break down the key coverages every apartment building owner needs, highlight common claims, and show you how to offer tailored solutions that keep your clients protected in an ever-changing market.

Building 52

Building Protection Damage Liability 52

Distinguished

APRIL 21, 2025

Building ordinance: Helps landlords cover expenses for meeting updated building codes after damage. No age limit on buildings: Covers well-maintained properties, including older and historic buildings. Crime insurance: Safeguards against theft, fraud, and vandalism.

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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. – Not considering inflation.

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Protect Commercial Insurance

APRIL 11, 2025

This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters. – Premiums and Deductibles : Clarify how much you need to pay and under what circumstances deductibles apply.

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TGS

OCTOBER 3, 2024

Similarly, if the cost of building materials rises—something we’ve seen in recent years—insurance costs could also increase. These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. Opting for a higher deductible can lower your monthly premium.

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Distinguished

SEPTEMBER 17, 2024

So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk. For example, on a remodeler’s project, the second floor has collapsed, or the overall integrity of the building looks compromised. Properties in a high wind hail area may be subject to an increased wind deductible.

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Cover4LetProperty

JANUARY 29, 2024

At its simplest, therefore, a home is a home, whilst let property is a business asset.

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