Comprehensive Coverage
Enjoy peace of mind knowing that your entire block of flats is protected against a wide range of risks, including fire, theft, vandalism, and natural disasters.
Competitive Rates
Save money on insurance premiums while still receiving high-quality coverage, allowing you to maximise your investment.
Bespoke Plans
Receive customised insurance plans tailored to the specific needs of your block of flats, ensuring that you get the right level of coverage without paying for unnecessary extras.
Dedicated Support
Access support from an experienced insurance professional who understands the unique challenges of property ownership.
See what our satisfied customers say.....
Robert Totty, Director, Cityview Management Associates Ltd
"I would heartily endorse Gauntlet Select. Having been with our previous brokerage for some 12 years, it was a refreshing change to find a company and individual who was prepared to go the extra mile in order to get us the best and most economic terms for our insurance needs. The service is prompt and second to none."
Kate Still, 9-14 Central Parade Management Company Ltd
"Paul Howley at Gauntlet found me the most competitive price and best solution for our company needs. It saved me time searching numerous companies to gain quotations. Paul was knowledgable and up to date with requirements and on hand to explain the best course to take for our needs. I had numerous questions that he was happy to answer.
It feels amazing not having to worry about important details I may have overlooked. I had a large building to insure with hardly any experience. It was a real worry but fortunately I found the right company to take this situation off my hands.
I will not hesitate to use Paul at Gauntlet for our future needs."
Norman Featherstone, MD, Southcliff Management Co Ltd
"I've only been a customer of Gauntlet for a short time and was rather concerned to report an insurance claim so soon after joining. However on contacting Paul, those concerns soon evaporated as Paul was most helpful and positive.
Paul promptly arranged for my local Loss Adjuster to contact me with a view to carrying out a full assessment of my claim.
Things couldn't have been handled any better and I would thoroughly recommend Paul and the Gauntlet Group."
What's covered under a Block of Flats Insurance Policy?
Buildings Insurance
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Coverage: Comprehensive protection for the entire building, including walls, roof, communal pipes, electrics, and fixed flooring.
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Events Covered: Fire, flood, storm damage, vandalism, and accidental damage.
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Why It Matters: Ensures your block remains resilient against unforeseen events.
Property Owners Liability
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Coverage: Covers legal costs and compensation payments if a tenant or visitor is injured on the premises or their property is damaged.
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Examples: Loose railing causing a fall, property damage due to negligence.
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Why It Matters: Mitigates financial risks associated with liability claims.
Communal Contents
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Coverage: Protects fixtures and fittings within communal areas against damage, loss, or theft.
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Examples: Carpets, window coverings, appliances, and shared furniture.
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Why It Matters: Guards against loss of interior assets.
Alternative Accommodation
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Coverage: Alternative Accommodation insurance pays for temporary housing costs for your occupants during the repair period.
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Scenario: Continuing from a fire incident, your occupants need a place to stay while their flats are being repaired. They can’t live in the damaged building.
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Why It Matters: The policy ensures that the affected occupants have a roof over their heads while their flats are out of commission.
Employers Liability
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Coverage: Employers’ Liability (EL) insurance helps pay compensation if an employee is injured or becomes ill due to work-related activities.
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Legal Relevance: This type of insurance is mandatory for any entity that employs staff.
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Why It Matters: If you have any employees working in your block of flats, whether they are involved in maintenance, security, or administration of the property. you’ll need employers’ liability insurance as required by law.
Legal Expenses
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Coverage: Access to legal teams for disputes, debt recovery, eviction proceedings, and property protection.
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Relevance for Landlords: Crucial for handling non-paying tenants or contractual issues.
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Why It Matters: Provides expert legal support when needed.
Frequently Asked Questions
Who needs Blocks of Flats Insurance?
Whether you’re a freeholder, leaseholder, or part of a management company, if you own or manage a block of flats, this insurance is essential.
What does Buildings Insurance cover?
It protects the structure of the building against various risks, including accidental damage, fire, and theft.
Can I insure multiple blocks of flats under one policy?
Yes, we offer portfolio insurance for landlords with multiple properties.
How do I calculate the sum insured for my block of flats?
It's recommended that at least every 5 years you obtain a professional valuation from a RICS qualified surveyor to ensure your rebuild is accurate. For standard properties we can provide a desktop valuation service to make this cost effective without the need for a surveyor to visit the premises.
Get Peace of Mind with Customised Insurance Plans for Your Property Today
Ready to protect your block of flats with comprehensive insurance coverage?
Don’t delay – secure your investment/asset today. Click the ‘Call Now’ button to speak directly with an insurance expert.
Let us guide you through the process and provide the personalized assistance you deserve. Your peace of mind is just a phone call away.