FlatGuard is a specialist insurance policy for blocks of flats tailor-made to protect the Residents, Managing Agents and Freeholders.
The policy has been developed exclusively by Bridge Insurance Brokers Ltd, who have over 40 years of property insurance experience, already arranging cover for in excess of £7 billion in property value.
The wide-ranging cover includes:
- Market leading Wording
- Unique industry specific extensions
- Exclusive Automatic Cover
- Property owner’s liability cover. Indemnity limit £10,000,000
- Employer’s liability cover. Indemnity limit £10,000,000
- No Average applied to claims where professional valuation has been obtained within the past three years
- Cover for malicious/criminal damage caused by tenants
- Automatic cover for communal areas such as stairs and hallways, private roads, gardens and car parks
- Automatic cover for contents of communal areas up to £50,000
- Legionellosis - Public Liability risk included automatically together with subsequent loss of rent
- Up to 33 1/3 % post loss inflation protection
- Storm cover to walls, gates and fences made of brick, stone or metal
- Automatic cover up to £2,500,000 for new additions or following omission to insure