When you buy a flat or apartment you may spend a small fortune turning what are in essence bare walls into your ideal home. Decoration to your personal tastes, adding artwork to the walls, fitted bedrooms, bathrooms or kitchens. These creature comforts can run into hundreds or even millions of pounds.
Although flat and apartment tenants and owners often pay a contribution towards part of the block insurance it only covers the bricks and mortar of the original building and other works such as new bathrooms are not part of that. Nor will your contents cover work as they are not move able objects like normal furnishings, you might take the curtains or sofas etc with you when you move but not a fitted kitchen and the like
Many people today are opting to upgrade contents insurance policy to cover the improvements in a single flat or add on policy for blocks of flats.