Apartment Block Insurance
We understand the unique needs of apartment block owners and management companies when it comes to protecting their valuable assets. Whether you own or manage a residential or commercial apartment block, our comprehensive insurance solutions are tailored to meet your specific requirements.
We offer a fast & efficient service with a team of property specialists who have experience in managing all of the insurance issues you may face in insuring your buildings.
Overview
Protect your investment and gain peace of mind with our comprehensive apartment block insurance coverage. We work closely with reputable insurers who specialize in apartment block insurance, ensuring reliable coverage and excellent customer service.
What's covered?
- Buildings Insurance: Material Damage to the Block & Communal areas for Fire, Storm, Flood, Subsidence & Malicious Damage
- Property Owners Liability Insurance: Protects you against legal claims made by third parties for injury or damage caused by your property.
- Contents Insurance: Covers the communal contents of the apartment block, such as furniture, carpets, and appliances located in shared spaces.
- Loss of Rent/Alternative Accommodation: In the event of an insured peril rendering the building uninhabitable, this coverage helps cover the loss of rental income and the cost of providing alternative accommodation to tenants.
- Employers' Liability Insurance: If you employ staff to manage the apartment block, this insurance provides protection against claims made by employees who suffer injuries or illnesses in the course of their work.
- Engineering Inspection and Insurance: Covers the statutory inspections and insurance requirements for lifts, boilers, heating systems, and other engineering plant items.
- Legal Expenses Insurance: Assists with legal costs and expenses incurred in relation to disputes, property damage claims, and other legal matters.
Key Considerations
Things to consider and discuss with your broker:
- Are your buildings sums insured adequate?
- What fire protections are in place?
- Have you improved the property recently?
- Is there any unoccupancy?
- Is Security adequate for the risk?
- Is your property in good state of repair?
- Do you have a lift in the block?
- Are there prior claims?
Why Use Us
- Very Quick Quotes - fill in our form above
- You are looking for a cheaper premium
- Access to the most Competitive Markets
- Advice from a dedicated Dedicated Broker
- Claims Management Service
- Easy Payment Options
- Clear & Concise Documents
- Having a Great Broker on your Side!
Apartment Block FAQ's
- Who needs apartment block insurance?
- What should I consider when selecting coverage?
- Are individual apartment owners required to have insurance?
Examples of Claims
- Escape of water : A homeowner leaves a bath running and it overflows going down into neighbours apartment
- Public Liability Claims: If a visitor or tenant sustains an injury within the apartment block such as tripping on a loose tile
- Malicious Damage: If the apartment block is targeted by vandals, resulting in damage to windows, doors, or common areas
- Storm or Flood Damage: In the event of severe weather conditions causing damage to the apartment block, such as roof damage, water ingress, or flooding
- Fire Damage: If a fire breaks out in one of the apartments and causes damage to the building structure, walls, or communal areas
- Smoke Damage: A tenant leaves an oven unattended and creates smoke damage throughout the building
- Property Owners Liability: A loose gutter falls on a visitors car and damages it
- Subsidence or Structural Issues: In the event of subsidence or structural problems affecting the apartment block, the insurance policy can cover the costs associated with stabilizing the structure
- Theft or Burglary: If there is a break-in or theft within the apartment block, resulting in stolen belongings or damage to property,
Useful Links
Contact our Apartment Block Expert Today!
Ronan McAllister
Commercial Insurance Broker
- Carrick on Shannon
- 0719672225
