Freeholder Building Insurance
Freeholder Buildings Insurance helps protect residential buildings, including blocks of flats and converted properties, against risks such as fire, flooding, storm damage and property owners’ liability.
Whether you’re a freeholder, managing agent or residents’ management company, arranging the right insurance is essential to protecting the building and meeting your responsibilities.
At Edison Ives, we work with specialist insurers to arrange competitive, tailored cover for a wide range of residential properties, including those with more complex insurance requirements.
Need a quotation? Call our team on 0113 390 46 46 or complete our enquiry form below.
Freeholder Insurance Quote
What Does Freeholder Buildings Insurance Cover?
Buildings Insurance
Protection against insured events such as fire, flooding, storms, escape of water, vandalism and accidental damage. Cover can extend to the structure of the building and its permanent fixtures and fittings.
Property Owners’ Liability
Protection against claims arising from injury to third parties or damage to their property where you are legally liable as the property owner.
Loss of Rent
Cover for lost rental income if an insured event makes the property uninhabitable, subject to the policy terms and indemnity period.
Alternative Accommodation
May cover the cost of suitable alternative accommodation for residents if their homes become uninhabitable following an insured event.
Communal Contents
Protection for items in shared areas, such as communal furniture, carpets and other contents, where included in the policy.
Employers’ Liability
Cover for eligible claims arising from injury or illness suffered by employees in connection with their work. This may be particularly relevant where a freeholder or management company employs staff.
Legal Expenses
Optional protection towards certain legal costs arising from specified disputes, subject to the policy’s terms and exclusions.
Terrorism Insurance
Optional cover for insured damage caused by acts of terrorism, where available and selected.
Why Choose Edison Ives for Freeholder Buildings Insurance?
At Edison Ives, we understand that insuring a freehold building isn’t always straightforward. From converted properties and blocks of flats to buildings with unusual construction or previous claims, every property has its own insurance requirements.
Our experienced insurance brokers take the time to understand your building, identify potential risks and help you find suitable cover.
Specialist Insurance Knowledge
We have experience arranging insurance for residential property owners, freeholders, management companies and managing agents.
Access to a Wide Range of Insurers
We work with established insurers and specialist underwriting markets to find competitive insurance solutions, including for properties that may be more difficult to insure.
Personal, Professional Service
You’ll deal with experienced insurance professionals who can explain your options, answer your questions and help you make informed decisions.
Support When You Need It
Our service doesn’t end when your policy begins. We’re here to assist with policy changes, renewals and claims.
Insurance Built Around You
We focus on finding the right balance of cover, service and price, taking your property’s individual requirements into account.
F.A.Q.
Frequently Asked Questions – Freeholder Buildings Insurance
The freeholder is generally responsible for arranging buildings insurance for a block of flats or converted property, although responsibility depends on the terms of the lease. In some cases, a residents’ management company or managing agent arranges the insurance on the freeholder’s behalf.
It’s important to check the lease to establish who is responsible for insuring the building.
Freeholder Buildings Insurance typically covers the structure of the entire building, including individual flats and communal areas. This can include walls, roofs, floors and permanent fixtures and fittings, depending on the policy.
However, residents will usually need their own contents insurance to protect personal belongings.
There isn’t a universal legal requirement for every freeholder to purchase buildings insurance. However, the terms of a lease or mortgage will often require suitable buildings insurance to be maintained.
For blocks of flats, arranging adequate insurance is particularly important because damage to one part of the building can affect multiple properties.
The cost depends on several factors, including the property’s location, rebuild value, number of flats, construction, occupancy, claims history and the level of cover required.
At Edison Ives, we approach suitable insurance markets to help find competitive quotations tailored to your building.
Looking for a Freeholder Buildings Insurance quotation? Call Edison Ives on 0113 390 46 46 or complete our quotation form above.