Remove Home Insurance Remove Insurance Broker Remove Risk
article thumbnail

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

Property Insurance Centre

Buying Blocks of Flats Insurance in London: Key Risks and Costs When it comes to buying blocks of flats insurance in London, the market is becoming more complex for a number of reasons. In London, block of flats insurance comes with unique challenges and considerations compared to the rest of the UK.

Risk 52
article thumbnail

Business school teaching case study: what does climate change mean for home insurance?

Elmore

An increase in weather-related risk creates dilemmas for property owners, providers and governments The post Business school teaching case study: what does climate change mean for home insurance? appeared first on Elmore Insurance Brokers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Housing Code Violations in Philadelphia: An Interview with Katie Vespia

Distinguished

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

Broker 52
article thumbnail

Can I Insure a Partially Empty Block of Flats in the UK?

Property Insurance Centre

Empty properties pose higher risks, including: Security concerns Unoccupied units are more vulnerable to vandalism, break-ins, and squatting. Fire risks An unoccupied space can become a target for arson or suffer unnoticed electrical faults. Regular inspections Some insurers require vacant units to be checked every 714 days.

article thumbnail

How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

From financial losses to reputational damage, legal battles, and even the risk of shutting down, the impact can be severe. Whether you’re a small business owner, contractor, or entrepreneur, understanding liability risks is crucial for survival. This means your personal assetshome, car, and savingscould be at risk.

article thumbnail

What Perils Are Covered by Commercial Property Insurance?

Property Insurance Centre

#Video Common Perils Covered by Commercial Property Insurance Most commercial property insurance policies cover a broad range of risks, often referred to as “named perils.” ” If a peril is explicitly listed in the policy, the insurer will cover the damage it causes.

article thumbnail

Housing Code Violations in Chicago: An Interview with Katie Vespia

Distinguished

In Chicago, housing code violations not only affect tenant safety and property values but also play a critical role in insurance risk assessments. Understanding these violationsfrom heating failures to structural hazardsis essential for insurance brokers advising property owners.