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Can I Insure My Block of Flats if I’m Not the Freeholder?

Property Insurance Centre

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. Looking for a quote now?

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Inflation and rising costs are major drivers of increased insurance expenses for property owners. To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape.

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Understanding Consumer Education and Property Insurance

Property Insurance Centre

By educating policyholders on the importance of documentation and providing tools to facilitate the process, insurers can help their clients protect their interests and ensure fair compensation. Insurance Agent Advocacy Insurance agents play a crucial role as advocates for policyholders throughout the claims process.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

It is important not to rely only on the words that a broker tells you, try to read all the details. Explain every aspect of your property and renovation, security, and other aspects because if you give the wrong information, your policy will not be valid. – Failure to read particular policy documents.