Compare property insurance cover
12 Jan 2010 • 09:08 AM • BusinessWhen you’re insuring an office building, block of flats or tenanted property, you could save money from a specialist property insurance company, so you need to be ready to commit the time it takes to compare property insurance offers.Many of these companies have a list of requirements you and your property need to meet, but in return they can offer a competitive deal. You will need to spend time sifting through these companies to find one that is able to match your requirements for a competitive price.Others offer property insurance combined with, for example, liability insurance, and other types of insurance relevant to those insuring office buildings, blocks of flats and tenanted properties.A list of requirement could include the property being of standard construction, where the walls are brick or concrete and the roof is slate or tiles. Other construction issues could cover flat roofs, where they can’t cover more than 25% of the property, or there must be no flat roof at all.When it comes to requirements regarding the person being insured, you may struggle to get property insurance if you have ever been made bankrupt, have any county court judgements against you or have been convicted of a criminal offence. Other insurance providers offer specialist insurance for listed buildings, properties which are holiday homes and might spend long periods of time unoccupied, and houses that have been converted into flats as well as purpose-built blocks of flats. You can even get specialist property insurance to cover a log cabin or ski chalet.Whatever your insurance requirements, you need to make sure that you take time to compare property insurance deals carefully to make sure you get the right cover at the right price.
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