Block of Flats Insurance

Comprehensive Building Insurance for a Block of Flats

Owning and operating a block of flats is much different to being the landlord of a house or even a collection of houses. Specific cover is required in the form of block of flats building insurance to ensure you’re adequately protected from any financial risks posed by owning a block of flats.


There are many unique issues that can arise from owning a whole block of flats, which would need to be mitigated through an individual policy covering building insurance for a block of flats.

What is Block of Flats Insurance?

Block of flats insurance, also known as block of flats building insurance, is specialist cover for your block of flats if you’re a landlord, freeholder or leaseholder. A ‘block of flats’ can refer to anything from a large skyscraper to a large house divided into separate residential apartments.


Having one block of flats policy ensures that you’ll only need a single policy to cover multiple residencies, and ensures that you’ll receive protection for the whole building, including communal and maintenance areas, as well as elevators if your building has them.


Elevators require inspections every six months, and having an insurance policy to cover the engineering of the building will protect the lift against insured perils whilst also including the biannual inspections to keep up with regulations.

What Does Block of Flats Building Insurance Cover?

There are multiple areas that building insurance for a block of flats can cover, ensuring that a large number of eventualities are factored in. Your policy can include:


Building Insurance - A block of flats insurance policy will include the same protections that a regular buildings policy would include, with it extending across the whole building, including the interior and exterior of the property. It can project against things like floods, fires and subsidence.


Liability - Cover can include cover for liability, including public liability and employer’s liability. Public liability protects you against such claims as a visitor injuring themself in your property, whilst employer’s liability covers you if you have to employ workers to carry out maintenance on the property.


Unoccupancy & Flexible Occupancy - As you’ll be managing a number of different apartments that will be at varying stages of occupancy, you can have unoccupancy factored into your block insurance policy. Flexible occupancy is also available to make the process of assessing cover for occupied and unoccupied flats easier.


Loss of Rent & Rent Guarantee - If you own a property outright and are leasing your flats to tenants, then one of the biggest financial risks is when the tenant is unable to pay their rent. Cover for a loss of rent, or a rent guarantee, can protect you financially if the tenant is late in paying, or unable to pay.

The Benefits of Block of Flats Insurance

By having everything you need in one block of flats insurance policy, you can protect yourself from a number of different risks that may arise if you’re a landlord, freeholder or leaseholder of a block of flats.


We can work with you to create a policy perfectly suited to your block of flats, taking into account such aspects as the amount of residences, the layout of the building and risk management strategies such as fire safety. The policy would include all the aspects of cover you require, whilst avoiding anything that isn’t required.


At Forum Insurance we have decades of experience providing landlords and building owners with the right protection for their properties. This includes commercial landlord insurance for commercial buildings, residential landlord insurance for homes, and unoccupied property insurance for empty buildings. We also provide cover for landlord legal expenses and landowner’s liability.

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