
Why Is Property Insurance Important?
Property insurance, just bricks and mortar; right? Yes, although the insurance policy covers your financial interest in the property, rather than the bricks and mortar itself.
We place comprehensive cover for buildings, contents, business interruption etc. We also recognise that one size does not fit all. We can advise on maximum potential losses for bigger and more complex risks and therefore whether cover on a first loss basis might be appropriate.
One of the more esoteric risks that we have looked at is placing insurance for a former Methodist chapel that was to be demolished and replaced by a new building. More regularly we need to arrange insurance for empty property as elderly relatives go into care homes. A standard policy normally requires the property to be occupied.
We are happy to take a free look at your requirements and it may be that the sort of cover you thought really didn’t command much attention, because insurers are pretty much all the same, might surprise you…