Block of Flats Insurance Brokers

Why blocks of flats need a specialist broker

• Access to insurers and schemes that do not deal direct with the public.
• Experience presenting non-standard construction, flat roofs, timber frame and cladding-affected buildings.
• Ability to structure cover for RTM and RMC boards, including directors' and officers' liability.
• Knowledge of the FCA multi-occupancy rules and the disclosures leaseholders can request.
• Claims support when escape of water or storm damage affects several flats at once.

What a specialist block broker does

• Checks the rebuild sum insured is credible and flags where a formal assessment is needed.
• Builds a submission with construction details, fire safety documentation and a clear claims history.
• Approaches several insurers and schemes rather than renewing with the incumbent by default.
• Negotiates excesses, endorsements and warranties, not just price.
• Explains where the block policy stops and leaseholder contents cover begins.
• Discloses commission and provides the information leaseholders are entitled to.
• Manages mid-term changes such as new lettings, empty flats or building works.

Questions worth asking before you commit

• How many insurers did you approach, and who declined?
• Is the sum insured based on a professional rebuild assessment, and when was it last reviewed?
• What are the escape-of-water and subsidence excesses?
• Is terrorism cover included or excluded, and is engineering inspection needed for lifts or boilers?
• What commission is being earned by the broker, freeholder or managing agent?
• Who handles a claim, and is there in-house claims support?

How our introducer service works

• Tell us what type of building you own or manage — residential block, commercial or mixed-use.
• Give us your contact details and a few basics about the building.
• If your enquiry matches, we share it with an FCA regulated broker specialising in that risk.
• The broker contacts you directly to discuss cover and provide terms.

Frequently asked questions

Do I need a broker for block of flats insurance?

In practice, yes. Blocks are underwritten as commercial property risks and most insurers only accept them through brokers holding the right agencies or scheme facilities. Personal-lines comparison sites do not rate communal areas, multiple leaseholders or shared plant.

What does a specialist block of flats broker do?

They collect the building's details, prepare a submission insurers can price, approach multiple insurers and schemes, negotiate terms and excesses, explain the wording, and handle mid-term changes and claims. They must also meet FCA multi-occupancy disclosure duties to leaseholders.

How do block insurance brokers get paid?

Usually by commission from the insurer, sometimes with a broker fee. Since 2024 the FCA requires that remuneration to brokers, freeholders and managing agents is disclosed to leaseholders and can be justified as fair value.

What should I ask a block of flats broker?

Ask how many insurers they approached, whether the sum insured is based on a professional assessment, what the escape-of-water and subsidence excesses are, what commission is being earned, whether terrorism and directors' and officers' cover are included, and how claims are handled.

Is Landlord Quote a broker?

No. Beyond Leads Ltd T/A Landlord Quote (FCA FRN 940006) is an FCA authorised lead generation business. We do not advise, arrange cover or quote premiums — if your enquiry matches, we share your details with an FCA regulated broker who specialises in this sector.

How quickly will a broker contact me?

Most enquiries are matched quickly and a specialist broker typically calls within a short time of your details being submitted during business hours.