London Flats Insurance
Here for you when you need us most
London Flats Insurance is an insurance broker which specialises in policies for flats and apartments with over 20 years of experience working in this sector. We work with Residential Management Companies, Freeholders, Property Managing Agents and Right to Manage Companies in London. As highly-trained specialists, we know how to find you the most comprehensive policies at the most cost-efficient price. With our wide panel of leading insurance companies, here at LFI we will always provide you with cover that doesn’t cut corners.
This year, London has been named (for the third year in a row) as the most expensive location to rent not only in the UK, but in Europe. According to ECA International, the average cost of rent in the capital hovers at around £5,398 per calendar month – a staggering sum. So, we don’t blame you if the thought of insuring a block of flats in Europe’s most expensive location makes you wince. In fact, we’re here to help.
Our market-leading flats insurance policies are underwritten by leading UK insurance companies. LFI’s Buildings Insurance policy is recognised as one of the most comprehensive policies on the market, as it provides cover on an ‘All Risks’ basis – always at the most competitive price. This basically means that our policy protects you against the widest possible range of risks. We cover against almost everything; for example, damage caused by fire, flood, subsidence, storm, ground heave, as well as accidental and malicious damage and theft; damage caused by riot or civil commotion; and, escape of water or oil. This policy includes the bricks and mortar of the building, as well as furnishings and contents – cover also extends across any external buildings, garages, swimming pools, garden walls, patios, roads, driveways, underground pipes, communal areas, plus a great deal more.
“We aren’t a faceless big brand. We’re a company offering personal and professional service. We enjoy working with YOU to ensure you receive the assistance and support you expect”
Underwritten by AVIVA Insurance Limited, our Directors and Officers Liability Insurance has been carefully designed to protect directors and officers against the risks of their role. It covers claims made against any wrongful acts, including: breaches of duty, neglect, error, misstatement, libel, and wrongful trading (among many more). This policy covers any legal costs, emergency defence costs, as well as extending towards the entity company (i.e. the Residents’ Management Company or Right to Manage Company) or anybody named in the proceedings, ensuring incredibly comprehensive cover for those managing the block of flats.
Our policies also include Terrorism Insurance. Whilst this is a difficult scenario to envisage, London has long been regarded as one of the most susceptible locations in the UK for terror attacks. Buildings insurance policies generally do not include protection against any damage caused by a terror attack. Terrorism cover is added as an additional to our Buildings Insurance policy and covers any damage caused by fire, explosion or terror damage.
At LFI, we aren’t a faceless big brand. We’re a small, personal company who work with YOU. We answer your calls properly, we take the time to understand you as an individual client, and we figure out what it is that you need – even if you aren’t sure yourself. Our ethos focuses on getting you the best deal at the best price. And we’ll even stick with you throughout your policy – if you ever need to make a claim, we will always be just a phone call away to help you through it, day or night. Give us a call today for a quote, or just a quick chat. To read our full summaries of cover, please visit our website at www.londonflatsinsurance.co.uk