Insurance for

Blocks of Flats

Insurance for residents associations and residents management companies across Devon, Cornwall and the UK.

Insurance tailored for you

Protect your residents association business with our leading insurance plans

Why do you need insurance for your residents association or resident management business?

Taking care of a block of flats or apartments is a lot of work and, depending on the ownership structure and preferences of those involved, can by organised through a Right to Manage arrangement, Residents Association or Residents Management Company.

Whichever way your block of flats or apartments is run, LMB Insurance Services offers a variety of insurance products to suit your individual requirements. We have extensive experience and access to a number of bespoke insurance plans specifically tailored for Right to Manage arrangement, Residents Associations and Residents Management Companies.

We are here to provide personal service, you will never be put through to a call centre. Call us on 01752 969 170 to speak to a broker today.

What does our insurance for blocks of flats cover?

Our insurance policies for residents associations and resident management businesses can be tailored to your needs.

The policy could include:

  • Buildings
  • Contents of communal areas
  • Loss of rent or alternative accommodation cover
  • Property owners’ liability insurance
  • Employers’ liability insurance (covering caretakers, for example)
  • Subsidence, landslip and heave cover
  • Engineering cover for communal lifts and boilers
  • Optional extras include legal expenses and terrorism insurance.

The policy will likely exclude the following:

  • Damage by wet or dry rot
  • Possible restrictions when your property is unoccupied
  • Damage due to a fault or limit of design, manufacture or installation. In particular there is no cover for damage to underground services that do not work because they are worn out
  • The cost of replacing any undamaged items, which form part of a set, suite or item of a uniform nature
  • Loss or damage to your buildings from any cause not listed in the policy booklet (wider cover is available with the accidental damage option).

What are the benefits of our blocks of flats insurance cover for leaseholders?

Arranging block of flats insurance cover can be complicated. It’s not like insuring a regular house. Any property comprising of two or more flats or apartments is considered a ‘block’ for insurance purposes. And while every individual block of flats has its own unique set of risks, there is some cover you should expect to find in a standard block of flats insurance policy:

  • Buildings including accidental damage, water damage, fire, theft, flood and storm
  • Inflation protection of up to 50%. We use recognised independent price indices to amend your sums insured to reflect inflation, so you don’t have to
  • Trace and access of leaks in service pipes.
  • Communal contents including fitted carpets.
  • Alternative accommodation or loss of rent.
  • Outbuildings, such as garages, and communal gardens and grounds.
  • One excess per incident so if damage affects several flats you are liable for only one excess per total claim.
  • Replacement keys including keys to communal entrances.
  • Employers liability to cover anyone working in communal areas
  • Third party liability up to £10 million.

We are here to provide personal service, you will never be put through to a call centre. Call us on 01752 969 170 to speak to a broker today.

Why choose LMB Insurance Services?

  • A multi award-winning insurance broker based in beautiful Plymouth, Devon
  • We pride ourselves on our exceptional customer service
  • We deliver affordable and comprehensive insurance policies to suit your individual needs
  • We are committed to only offering high quality products, primarily from leading insurance companies
  • We believe in transparency and always act in the best interests of our clients
  • We are here to provide personal service, you will never be put through to a call centre.

AWARD-WINNING
INSURANCE SERVICES

Highly rated by our clients

Testimonials

LMB insurance Services Ltd - Property Insurance & Business insurance PlymouthExcellentLMB insurance Services Ltd - Property Insurance & Business insurance Plymouth5.0 Based on 25 reviews fromSee all reviews review us onIan McGregorIan McGregor ★★★★★ Great, friendly service and an extremely good quotation. Will definitely use againHector HuttonHector Hutton ★★★★★ Excellent knowledgable and prompt service. Highly recommendedJennifer ThorntonJennifer Thornton ★★★★★ Luke was quick, efficient & a good price, what more could you want?! Thank you Luke!Ollie RainbirdOllie Rainbird ★★★★★ Thorough, reliable and always happy to help, even at short notice.paul mackiepaul mackie ★★★★★ How refreshing to have a local insurance business offering a very personal and competitive service.I and other friends have been using LMB for many years and have seen its growth . This success is due to the continued effort to provide a tailored and personal service, often going over and above any expectations.We will continue to work with LMB in the future.Ben WoodBen Wood ★★★★★ Luke has been with us since the start of our property investment journey and I can't speak highly enough of the quick, high quality service & support he provides. He's managed to customise policies to satisfy specific Lender requirements on multiple occasions. Look no further for your Insurance requirements and lock in the services of LMB.Josh GardnerJosh Gardner ★★★★★ Great company and Luke is a pleasure to deal. Quick with quotes and great contact to have for insurance.Monica PalMonica Pal ★★★★★ Highly recommend LMB Insurance. I was amazed at their responsiveness and price compared to other insurers. Pretty much sorted my insurance overnight. Provided great advice particularly for a complex deal and told me where to go for better deals which was very impressive. So, overall a complete value add service where they are thinking of their consumer throughout. Gem of a company and am lucky I found them.Lisa ElisseosLisa Elisseos ★★★★★ Sarah GarrySarah Garry ★★★★★ Luke was very helpful find me landlord and building insurance, sourced many quotes and variations until we found the most comprehensive and appropriate cover. Would recommend.Jo O'BrienJo O'Brien ★★★★★ I've used LMB's services for a few years now and have recommended him to others on multiple occasions. Over the past few years Luke has supported all my portfolio needs. He is always helpful, quick to respond and finds me the the most cost effective policy while giving best advise.Cheryl PoulterCheryl Poulter ★★★★★ We use LMB and Luke for our business insurance needs at Poulter Property Services Ltd. I find Luke great to communicate with - he always responds promptly and understands exactly what my requirements are. He has a great deal of expertise and can always advise me on the correct product for the business.Lucy & Steph IngramLucy & Steph Ingram ★★★★★ Luke's work ethic, professionalism and communication skills are hugely impressive and we consider him and the crew at LMB a vital part of our business and team.James BakerJames Baker ★★★★★ Fantastic service and would highly recommend. As a property developer I will certainly be switching to this company!Charles DougallCharles Dougall ★★★★★ I have used Luke for a number of years now to insure several properties and couldn’t recommend him highly enough. Working in the property industry myself, I have explored most insurers available to me, and LMB have always been able to find the most suitable products on the market.Always competitively priced with the right cover, and the service throughout the process could not be smoother. Luke is extremely efficient from start to finish, and has provided me with exactly what I’ve needed promptly, becoming someone I can count on from flipping houses, to rental properties, to personal home insurance.Going the extra mile is something not everyone can or will do for you, whereas Luke has always worked tirelessly to help me develop my portfolio, and completely taken the strain off insuring my properties. A great guy to work with, and someone you count on for an exemplary service for all your insurance needs. Thank you Luke!Claire RadleyClaire Radley ★★★★★ Absolutely superb service, second to none!Sam BarrettSam Barrett ★★★★★ Excellent service, friendly & helpful. Highly recommended.Thank you 😀Jason VokesJason Vokes ★★★★★ We can highly recommend LB Insurance. Luke has always responded to complex commercial situations in a timely and solution oriented manner.Carly FreemontCarly Freemont ★★★★★ purple222purplepurple222purple ★★★★★ Absolutely would recommend Luke his is so professional. His service is second to none. Always there on the end of the line if neededMariska Hope HastieMariska Hope Hastie ★★★★★ 5 star service from an excellent local company - i always use them myself and I have recommended them to friends and everyone has been happy with their serviceJY PropertyJY Property ★★★★★ Very quick response with professional and best value advice. We will use them again. Highly recommend!joshua smithjoshua smith ★★★★★ brilliant service! Luke will do anything to help out and bend over backwards at any point of the day to answer any questions great and friendly communicational skills, would recommend to anyone!AdrianAdrian ★★★★★ Luke’s enthusiasm, depth of knowledge and work ethic are second to none.He’s managed to save me thousands over the past year and I know he’s always at the end of the phone should I need anything.I have no hesitation in recommending him to friends and colleagues.Vince RossonVince Rosson ★★★★★ Excellent Service and Great Understanding on what was Requiredjs_loader

Get insured today

Let’s get started

Call us on 01752 969 170 and we will work to find the perfect business or property insurance deal
to suit your needs. Or visit our contact page for more ways to get in touch.