Freeholder Buildings Insurance

Protect your property, safeguard your future – freeholder buildings insurance tailored for peace of mind.

Comprehensive coverage for every corner of your building.

Don’t leave your property’s future to chance. Choose coverage that’s built to last.

As a freeholder, safeguarding your property investment is paramount. Freeholder buildings insurance is designed to protect the structure of your building against unforeseen events, ensuring both your asset and financial interests are secure.

Understanding Freeholder Buildings Insurance

Freeholder buildings insurance provides coverage for the physical structure of a property owned by the freeholder. In scenarios such as blocks of flats, while individual units may be owned by leaseholders, the freeholder retains ownership of the building’s structure and the land it occupies. This ownership comes with the responsibility of maintaining the building and ensuring adequate freeholder buildings insurance is in place.

What Does Freeholder Insurance Cover?

Structural Damage

Protection against damages from natural disasters like storms, floods, and fires.

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Theft & Vandalism

Protection against theft, attempted theft, and malicious damage.

Subsidence & Movement

Coverage for issues like subsidence, heave, or landslip.

Legal Expenses

Coverage for legal defense costs arising from property-related disputes.

Escape of Water

Insurance against damage from burst pipes leading to water or oil escape.

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Business Interruption

Protection against loss of income following damage to your property.

Is Freeholder Insurance Legally Required & How Much Does it Cost?

While not legally mandated, many mortgage lenders require freeholders to have buildings insurance in place. Beyond lender requirements, having comprehensive insurance is prudent to protect against potential liabilities and unforeseen events.

The cost of freeholder buildings insurance varies based on factors such as the property’s location, type, selected coverage options, and the insurer’s criteria. Collaborating with an experienced insurance broker can help you find a policy tailored to your specific needs and budget.

For expert advice and a bespoke freeholder buildings insurance quote, consider reaching out to one of our experts who can guide you through the process and ensure your property is adequately protected.

Our experts are here to
make insuring your property easy.

Row of bright houses - freehold insurance

We have a team of experts ready to help you.

As a freeholder, you deserve the best. Let us provide the comprehensive insurance coverage your property needs.

Our freeholder insurance policies are designed to cater to all property types, including standard and non-standard constructions such as listed buildings. Whether you own small converted houses, large detached properties, warehouse and loft conversions, or purpose-built blocks of any size, we’ve got you covered. From bustling city centers to historic market towns, inland waterways, and seaside destinations, our policies are tailored to meet your specific needs.

Arranging freeholder insurance can be complex, as it differs significantly from standard home insurance. A comprehensive policy provides essential protection for freeholders, offering funds to cover repair costs if the property is damaged and even the cost of rebuilding in the event of a total loss.

It’s not just the building structure that requires protection. Don’t overlook landscaping, gardens, garages, or outbuildings. Ensure these are included under your freeholder insurance policy, or explore additional options to secure full coverage for every part of your property.

Tailored Solutions

Flexible options designed to meet the unique requirements of your block of flats.

Trusted Expertise

Backed by years of experience in supporting residential and community associations.

Peace of Mind

Safeguard your property, liabilities, and people with reliable, robust insurance solutions—all at competitive premiums.

A-One In-house claims shield

Our in-house claims department

Here at A-One, we benefit from an in-house claims department. This means that should you need to make a claim on your policy, you will be appointed a dedicated claims handler to manage your claim from start to finish. Our handlers will bridge the gap between you and your insurer. Working to achieve the best possible outcome on your behalf.

This means you'll have one point of contact to manage your claim from start to finish.

Additional Considerations for Freeholders

As a freeholder, it’s crucial to be aware of specific scenarios that may affect your insurance coverage:

Unoccupied Flats

Insurers typically need to know when a flat will be unoccupied for more than 30 consecutive days. An empty flat might not be covered for certain insured perils, so it’s important to check the policy documents.

Claim Excesses

If one property has a significant or repeated insurance claim, buildings insurance premiums and excesses might rise. It’s essential to understand who will bear the cost when it comes to insurance.

Accidents in Common Areas

If you are responsible for the management of a block of flats, as a freeholder, management company, or managing agent, you should assess the protection available for accidents in common areas.

Freeholder Business Insurance FAQ’s

What’s the difference between freeholder insurance and leaseholder insurance?
Freeholder insurance covers the building structure, while leaseholders are typically responsible for insuring the contents of their individual flats. In some cases, leaseholders may also be responsible for contributing to the cost of the freeholder’s buildings insurance through service charges.
What does freeholder insurance typically cover?
A standard policy includes coverage for structural damage, subsidence, water or oil leaks, theft, vandalism, property owner liability, and even legal expenses. Additional coverage options can include unoccupied properties, terrorism, and communal areas like gardens or parking spaces.
What happens if the building becomes uninhabitable due to damage?
Many freeholder insurance policies include loss of rent or alternative accommodation coverage, ensuring that you’re compensated if tenants need to vacate the property while repairs are carried out.
How are claims handled?
We have a dedicated in-house claims team to assist you from start to finish. You will be assigned a personal account handler who will manage your claim and provide guidance throughout the process.