Residential Property Owners
From owners of individual properties, including blocks of flats, to those with a multi-site portfolio, this is a tailored product written specifically for the residential property market.
Ideal for investors, landlords and residents’ associations, especially those with professional tenants in well-maintained blocks with minimal levels of un-occupancy, or owner-occupied apartments.
Our experienced team of regional underwriters are experts in the sector and can provide case-by-case advice.
Key Product Features
- Includes 35% day-one uplift.
- £2m capital additions limit with £500,000 in respect of alteration, additions and improvements.
- £250,000 contract works cover.
- £50,000 damage to landscaped gardens.
- Trace and access – no inner limit.
- Empty buildings – notification only required after 30 days.
- £5,000 eviction of squatters.
- Failure of tenants insurances – 20% of total sum insured (£2m limit).
- £1m liability cover for legionellosis.
- Glass cover automatically included.
- £7,500 replacement locks and keys following theft.
- £5,000 tree felling or lopping.
- £500 removal of wasp and bee nests
- Fly tipping cover.
- Malicious damage by tenants included.