building insurance apraisal

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    building insurance apraisal

    Hi, We recently managed to reduce our building insurance from around 10K to 6K pa. I would like to get an comparative opinion on the schedule / cover as I believe that we have been over charged in previous years. Does anyone know who might do this?

    #2
    Hmm. Do you doubt that the amount you paid was actually invoiced, or just that the insurance was good value?

    I think if the latter, you may have a tough job getting anything back.
    To save them chiming in, JPKeates, Theartfullodger, Boletus, Mindthegap, Macromia, Holy Cow & Ted.E.Bear think the opposite of me on almost every subject.

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      #3
      I agree, as a tenant you could of course apply to an LVT and seek a determination that insurance premiums were too high, the landlord/freeholder would have to refund you, although I very much doubt whether the LL/FH could get money back from insurance company.

      P.S Im assuming you are freeholder or paid for insurance directly.
      Advice given is based on my experience representing myself as a leaseholder both in the County Court and at Leasehold Valuation Tribunals.

      I do not accept any liability to you in relation to the advice given.

      It is always recommended you seek further advice from a solicitor or legal expert.

      Always read your lease first, it is the legally binding contract between leaseholder and freeholder.

      Comment

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