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Buying Blocks of Flats Insurance in London: Key Risks and Costs

Property Insurance Centre

” 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. Some insurers might impose higher excesses or refuse coverage in high-risk flood zones.

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7 Best Manchester Block of Flats Insurance Tips

Property Insurance Centre

Insurers view these uses as higher risk, which can lead to increased premiums or the need for specialist insurance policies. Crime Risk in Certain Urban Areas While overall crime in Manchester is lower than in London, some districts still report higher rates of burglary and vandalism, which can affect insurance costs.

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How to Thrive as a Residential Landlord: Top Strategies and Tips

Property Insurance Centre

3 The FTC says it’s fair to refuse a rental applicant based on low income, credit scores, eviction or crime history. These questions cover employment, pets, smoking, and past offences. 3 If you turn someone down because of their check results, you need to send them a letter. This letter should explain how they can challenge the report.

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Is terrorism covered under an Australian home and contents policy?

Prof. Allan Manning

Last week I posted an article in regard to terrorism coverage under commercial property, and/or business interruption policies. I also touched on commercial liability coverage. At the request of quite a few readers, I now turn my attention to home and contents. ” [ emphasis mine] 1.

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