Insurance question

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    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.

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

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

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