Non-Standard Construction Insurance – The Cob House
When anyone is considering taking out non-standard construction insurance, or indeed any buildings insurance, it is a common misconception that the sum insured should be the saleable value of the property. This is absolutely not the case. The sum insured should always be the amount required to rebuild the property including any demolition, removal of […]
Flood Insurance News
The Residential Landlords Association (RLA) has complained that Government plans to ensure that flood insurance is widely available will not extend to private rental property, leaving landlords and tenants in flood affected areas at risk.
Residential Landlord Jailed – CC News
On the 22nd of November, Westminster Magistrates Court heard that Harpal Singh, 53, of North London had installed a boiler himself at a three bedroomed property which he owns on Montague Rd. Tottenham Hale, London, together with all the associated pipework. The boiler subsequently, probably not unsurprisingly, developed a gas leak which Singh attempted to […]
Health & Safety Madness! – Property Owners Liability News
Further to the recent case of WPC Kelly Jones, who tripped on a kerb during a call out to a garage and subsequently tried to claim £50,000 for an injured ankle, (she subsequently dropped the claim due to pressure from the public and even comments from the then Home Secretary, Theresa May of ‘frivolous’ claims […]
Building Collapses On BMW – Unoccupied Property Insurance
A story caught my eye in the Manchester Evening News the other day where a disused furniture store in Little Underbank, Stockport had inadvertently collapsed, crushing a neighbour’s car. This got me to thinking about the implications with regard to unoccupied property insurance. It is understood that the owner of the car, a BMW […]
Increasing Rent Arrears – Rent Guarantee Insurance
According to the National Landlords Association, the second quarter of 2013 has seen 39% of their members (who participated in their survey) having experienced some rental arrears from their tenants over the previous twelve months, rising to 45% of landlords who let to tenants in receipt of Local Housing Allowance, the arrears averaging out at […]
Space Debris – Buildings Insurance Cover
at 1:00 a.m. Central European Time Monday on a descending orbit pass that extended across Siberia, the western Pacific Ocean, the eastern Indian Ocean and Antarctica, prompting me, perhaps with a splashing of mild paranoia, to check that I have adequate buildings insurance cover!
The Exbury Egg – Non-Standard Risks
Watching Channel 4’s ‘George Clarke’s Amazing Spaces’ a couple of weeks ago, I was fascinated by the story of a giant egg, commissioned for British artist Stephen Turner as a place to live and work as he studies the changes he observes in the surrounding environment over the next year.
News – Student Tenants Insurance
Landlords insurance policies can vary greatly in price dependant on the type of tenant. For example a house with a working couple living in it would be considerably cheaper to insure than a similar property jammed to the rafters with asylum seekers. Somewhere within this scale, although on the slightly more expensive side, comes student […]
Did the Earth Move For You? Buildings Subsidence Insurance
Apart from buildings subsidence insurance, one of the standard covers on your buildings insurance policy is damage caused by earthquakes. Now you may think that the probability of this sort of damage is miniscule, but you may be surprised to know that the UK suffers from around 200 earthquakes per year. Admittedly roughly 175 of […]