Building Insurance
If we own the freehold to your home, we need to make sure that it is properly insured. So, we insure your home on our block policy. As all our shared owners are insured on this policy, we get a cheaper rate and we pass these savings on to you.
Our policy covers all the normal risks to your home: fire, flood, vandalism and damage following a burglary or an accident.
Our policy has less ‘small print’ than many policies available from other insurance companies. This means that, for most claims, the insurers will meet all the costs with no ‘excess’ for you to pay.
If your claim is for subsidence (landslide), the insurers will usually appoint a loss adjuster to assess the claim. Claims for subsidence will have an ‘excess’ of £1,000 to pay.
Our insurance company offers a claims direct service 24 hours a day seven days a week. Please download our Guide to Buildings Insurance for further details about how to make a claim.
Guide to Building Insurance leaflet If you would like confirmation about any aspect of the buildings insurance policy or would like some help in making a claim, please Contact us.
Note
The insurers must be notified of any event that leads to a claim within 30 days of that event. They will refuse to accept a claim if they are not notified within the period.
Our policy does not cover the contents of your home, so we strongly advise you to arrange this yourself.