Insurance question

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

    Insurance question

    Here is the scenario:
    Three flats in a building, sharing equally (1/3 each) the cost of building insurance.
    One of the flats is currently unoccupied because of imminent building work. The building works have been delayed. The insurance is £200 more expensive because of the flat being unoccupied. Who is due to cover the extra £200 under this circumstances? What is your view.
    Thank you.

    #2
    The answer will depend upon the lease. Many leases contain a clause requiring leaseholders not to do anything that increases the insurance premium. Thus, if the lease contains clause aforementioned the leaseholder will be in breach of their lease. However, in practice, the freeholder might just insist the leaseholder pays the additional premium.

    Comment


      #3
      same as what vmart said. also check that the insurers have not restricted cover on the occupied flats.

      Comment


        #4
        The leaseholder of unoccupied flat should pay the extra £200 .

        Comment

        Latest Activity

        Collapse

        • A slightly more complicated water damage issue
          davebhoy
          Hello

          I own and am the landlord of a flat. The flat below is landlord owned and has tenants, the flat below them is owner occupied

          There has been an issue with a leak from the flat below mine into the flat below his, it has caused damage to the bathrooms in both flats....
          20-03-2019, 21:10 PM
        • Reply to A slightly more complicated water damage issue
          jpkeates
          It's one of those situations where the widely held belief, that it's always the responsibility of whoever had the leak who ends up paying for the damage, is wrong.
          But it's so widely held that lots of people pay out and it starts to become true.
          22-03-2019, 15:04 PM
        • Reply to A slightly more complicated water damage issue
          Gandolf
          If its a leak from radiator and went though 2 flats and is visable im sure you will have noticed, you would have had to top boiler up and bleed radiators. Hes trying it on already said hasn't got insurance so hes blaming you
          21-03-2019, 18:43 PM
        • Reply to A slightly more complicated water damage issue
          davebhoy
          Thanks very much, I'm going round to have a look this evening, and I'll be calling a plumber tomorrow and speaking to the insurance company once I've spoken to the plumber

          the flat below and is already talking about who pays and the flat below them is talking about liability already....
          21-03-2019, 17:10 PM
        • Reply to A slightly more complicated water damage issue
          jpkeates
          There's no default liability for a leak.
          Leaks happen, and unless there's been either negligence or a deliberate act to cause the leak, the question of liability doesn't arise.
          And as there isn't really anything anyone can do to "maintain" pipework, negligence is a bit of a stretch....
          21-03-2019, 14:34 PM
        • Reply to A slightly more complicated water damage issue
          buzzard1994
          You can get a leak from a bedroom if the bedroom has a radiator. I have experience of a leaking central heating pipe under floorboards causing damage to a room below. It was a real pain to find as at first it appeared to be penetrating damp. You can also get leaks running a fair way under floorboards...
          21-03-2019, 10:29 AM
        • Airbnb Insurance cover.
          Phizzel
          I rent a cottage. My tenant has asked to use a room for Airbnb for holiday lets.. My insurer has said it will negate the Cover they provide..They will cover for a lodger but not for Airbnb.. I rang another Insurer who provide cover but only if Airbnb is being provided within where the homeowner lives....
          20-03-2019, 16:31 PM
        • Reply to Airbnb Insurance cover.
          ashburnham
          Airbnb not a problem but as the tenant want to arrange it, it falls under the "sub-letting" category which makes most insurers run a mile. Think you will have trouble getting the cover you need, coupled with other potential issues as per above post, I think this is more hassle than it's w...
          21-03-2019, 10:26 AM
        • Reply to A slightly more complicated water damage issue
          ashburnham
          I would just relay everything in your post to your landlord insurer. I do not know the extent of coverage on your insurance policy but things that will help are:

          "Trace and Access" cover which would cover the locating and repairing of the leak
          "Property Owners Liability"...
          21-03-2019, 09:58 AM
        • Insrance cover for leaseholder
          gmt4114
          Hello, I inherited a
          downstairs
          flat in a typical terraced street, I also am the leaseholder for the upstairs flat, I receive no benefit for this I think the term is peppercorn lease. I have asked D Line for a quote on the flat I own and they have quoted me for this but they said I have to have cover...
          20-03-2019, 14:51 PM
        Working...
        X