What is Common Buildings Insurance?

Common buildings insurance (also referred to as block cover/block insurance) is a policy that covers the structure of the building, as well as communal areas of the building which is owned by multiple owners (typically flats or tenements).

This cover is designed to protect the entire property, including parts of the property that owners share in common, such as:-

• Foundations, external walls and Roofs
• Communal entrances, stairwells, corridors and bin stores etc.

A common policy covers against fire, flood, and other insured perils, where all owners are jointly responsible.

Claims on a shared common policy are often simpler to resolve in the event of major damage, than individual claims through separate policies held by each individual owner.

At R+L. where required either by request, Title Deeds, Deed of Conditions or DMS, we will arrange, via our appointed brokers, a comprehensive common buildings policy on behalf of our proprietors. Ross and Liddell ‘s Common Insurance Policy is written specifically for properties factored by Ross and Liddell only, and is held in joint names, showing the policyholder as being the Co- proprietors and Ross and Liddell.