Managing or owning a block of flats in London comes with significant responsibilities—one of the most critical being insurance. A comprehensive block insurance policy protects the entire building against risks such as fire, flooding, subsidence, vandalism, and legal liabilities. However, finding the right cover at the right price requires deep knowledge of both the property market and the insurance landscape.
That’s where experienced block insurance brokers come in. This article explains the importance of specialist block insurance for London properties and how Fraser Bond works with trusted brokers to secure tailored, compliant, and competitively priced protection for your building.
Block insurance, also known as block of flats insurance, is a policy designed to cover an entire residential building rather than individual flats. It typically includes:
Buildings insurance – covering the structure, communal parts, and permanent fixtures
Property owner’s liability – protecting against claims from residents, visitors, or contractors
Employers’ liability – for buildings with staff such as porters or cleaners
Loss of rent or alternative accommodation – if the building becomes uninhabitable
Terrorism cover – often required in Central London
Legal expenses and directors’ liability (for RTM/RMC directors)
Standard property insurance isn’t suitable for blocks of flats. Leaseholders, landlords, and managing agents need policies that:
Cover multiple parties and shared liabilities
Address the unique risks of high-value or heritage London buildings
Include flexible add-ons such as communal area cover, terrorism cover, and lift maintenance risks
Meet the expectations of mortgage lenders and lease covenants
A specialist broker understands these nuances and works with leading insurers to find the right policy for your specific building—at the most competitive rate.
Fraser Bond partners with regulated, specialist block insurance brokers to arrange bespoke policies for the residential properties we manage. Whether it’s a 3-unit conversion in Hackney or a 40-flat development in Kensington, we secure cover that’s comprehensive, compliant, and cost-effective.
We liaise with brokers to assess your building’s size, structure, occupancy, and risk profile to ensure every risk is adequately covered.
We work only with FCA-authorised insurance brokers who specialise in block insurance and understand the complexities of London’s property landscape.
We source multiple quotes and explain the differences in cover, excesses, and exclusions—empowering you to make informed decisions.
We handle renewals, documentation, claims support, and compliance to ensure smooth administration throughout the year.
Should a claim arise, we act as your advocate, liaising with insurers, loss adjusters, and contractors to achieve fair and prompt settlements.
Freeholders
Right to Manage (RTM) Companies
Resident Management Companies (RMCs)
Managing agents acting on behalf of landlords or residents
Buy-to-let landlords with multiple flats in one building
Even if individual leaseholders hold contents insurance, block cover remains a legal and practical necessity for building-wide risks.
Block insurance isn’t just another checkbox—it’s a critical part of risk management and asset protection for any residential building in London. With rising claims and tightening regulations, leaseholders and freeholders need expert advice from brokers who understand the capital’s property market inside and out.
Fraser Bond makes this process seamless by coordinating with top-tier block insurance brokers and ensuring your building is fully protected—without overpaying or underinsuring.
