ALDIUM Insurance
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Property Owners Insurance
Block of Flats Insurance
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Get a Block of Flats Insurance QuoteComplete the form — a specialist will be in touch promptly. |
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What Is It?
What Is Block of Flats Insurance?Block of flats insurance is buildings insurance arranged at the block level — covering the entire structure, communal areas and shared facilities of a residential apartment block. It is arranged by the freeholder, residents' management company (RMC), right-to-manage (RTM) company or their appointed managing agent. Individual flat owners are not responsible for arranging buildings insurance — this falls to whoever controls the freehold or management of the block. The cost is typically recovered from leaseholders through the service charge. Aldium Insurance arranges block of flats insurance for freeholders, RMCs, RTM companies and managing agents across the UK. As an independent broker we access the specialist residential block market to find the right policy — including terrorism cover, engineering inspection, directors and officers liability and communal contents. |
Definition
“Block of flats insurance covers the entire structure, communal areas and shared facilities of an apartment block under a single policy — arranged by the freeholder or management company and recovered from leaseholders through the service charge.” |
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Independent Broker
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Whole of Market Access
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Dedicated Account Handler
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Claims Support
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Buildings InsuranceCovers the whole block — structure, roof, communal staircases, hallways and individual flat interiors as defined in the leases. Sum insured must reflect the full block rebuild cost assessed by a RICS surveyor. |
Property Owners LiabilityProtects freeholders and management companies against claims for injury or damage in communal areas — lobbies, stairwells, car parks, bin stores and any shared facilities under their control. |
Terrorism CoverExcluded from all standard block policies. Cover is available via Specialist schemes we can access. Required by many leases in city-centre locations. We review every lease and advise on whether terrorism cover is contractually required. |
Engineering InspectionCommunal lifts, pressurised systems and boilers require statutory inspection under LOLER and PSSR regulations. Engineering insurance provides the inspection service and indemnity against plant breakdown. |
Directors & Officers LiabilityProtects RMC and RTM directors against personal liability arising from management decisions — service charge disputes, maintenance obligations, lease enforcement and regulatory compliance. |
Communal ContentsCovers communal carpets, light fittings, entry systems, furniture and equipment in shared areas. Often overlooked but essential — these items are not covered by individual leaseholder policies. |
Loss of RentIf any part of the block let by the freeholder becomes uninhabitable following an insured event, loss of rent cover pays the income lost during the repair period — typically relevant for ground-floor commercial units. |
Legal ExpensesCovers costs arising from leaseholder disputes, service charge enforcement, rights of way matters, contractor disputes and planning issues affecting the building. |
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Who Arranges It?
Who Is Responsible for Block Insurance?Responsibility for arranging block insurance depends on the ownership and management structure of the building. In most cases the lease will specify who must arrange cover and what it must include.
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Why Aldium
Why Choose Aldium?Independent. Specialist. On Your Side.Lease review available — we can check every lease before placing cover to ensure the policy meets all contractual obligations.
Reinstatement valuation — we recommend you obtain a RICS rebuild cost assessments so the block is never underinsured.
Terrorism cover arranged — we can access specialist cover where required by location or lease, with no market barriers.
D&O liability available — we can arrange Directors and Officers cover for RMC and RTM company directors alongside the block policy.
Claims support — when a claim happens in your block, our team helps manages the process on behalf of the freeholder or management company.
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Do leaseholders need their own insurance if the block is covered?Yes. Block insurance covers the structure and communal areas only. Individual leaseholders should arrange contents insurance for their own possessions and any improvements they have made inside their flat that go beyond the original developer finish. |
What is a Reinstatement Cost Assessment and do I need one?A Reinstatement Cost Assessment (RCA) is a professional RICS valuation of the cost to demolish and rebuild the entire block. Without one, blocks are frequently underinsured. We recommend an RCA for all blocks and advise it is updated at least every three years. |
Does block insurance include terrorism cover?No. Terrorism is excluded from all standard property policies. Cover is available through specialist schemes. Many leases in city-centre locations specifically require terrorism cover — we can review the lease before placing the policy and advise whether it is required. |
What is Directors and Officers insurance and does our RMC need it?D&O insurance protects the individual directors of an RMC or RTM company against personal liability for management decisions. Given the complex obligations on management company directors, it is strongly recommended alongside every block policy. |
How much is Block of Flats Insurance?The cost of an insurance policy for a block of flats depends on various factors such as postcode location, building construction, sums insured and size of the building. We will review your needs and source the most competitive policy we can find that is both cost effective and offers proper protection. |
Can we cover a portfolio of blocks on one policy?Yes. If you own or manage multiple blocks, a portfolio policy achieves better terms per block than individual policies and significantly simplifies administration. We arrange portfolio cover for freeholders and managing agents with multiple blocks across different locations. |
Independent advice and a tailored quotation for your block. We understand leasehold obligations, reinstatement valuations and the specialist markets that deliver the right cover for freeholders and management companies.
| Get a Block of Flats Quote | Call 0151 336 5881 |
| Independent Broker | FCA Regulated | Block & Leasehold Specialists | UK Based Team | Claims Support |
