Freeholder has not provided full EC coverage?
12:06 AM, 24th July 2024, 2 years ago
5
Hi, What right does a landlord have when the freeholder of a block of flats has failed to include ‘accommodation cover if flat becomes uninhabitable’?
I am the long leaseholder of a flat in a block of 37 flats and the freeholder has omitted this coverage.
Do I have any rights to make the freeholder include this cover?
Who can I turn to in order to enforce it?
Thank you,
Jean
Tags:
accommodation cover, EC coverage, freehold insurance, freeholder, landlord, landlord insurance
Comments
Have Your Say
Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.
Not a member yet? Join In Seconds
Login with
or
Related Articles
Unoccupied property insurance for landlords
2 years ago
Leasehold and Freehold Reform Act 2024: New guide helps to navigate the changes
2 years ago | 1 comments
Member Since January 2020 - Comments: 559
9:46 AM, 24th July 2024, About 2 years ago
First question – what does your lease say? Is the freeholder obliged to provide this cover? If not, it’s down to you.
On the blocks we manage I don’t believe we ever provide cover to indemnify leasheolders who have let their flats for loss of rent. This is a matter for the leaseholder/landlord to secuer cover for.
Member Since July 2013 - Comments: 233
1:36 PM, 24th July 2024, About 2 years ago
Reply to the comment left by Graham Bowcock at 24/07/2024 – 09:46
Is it not usual (Almost universal) for residential buildings insurance to include alternative accommodation for occupiers in this situation? It’s not strictly loss of rent cover although i suppose it could be equated to be.
Member Since January 2020 - Comments: 559
1:40 PM, 24th July 2024, About 2 years ago
Reply to the comment left by Ray Davison at 24/07/2024 – 13:36
I don’t disagree with you, but the key will be what his lease requires the freeholder to provide.
Member Since January 2023 - Comments: 145
2:40 PM, 24th July 2024, About 2 years ago
Insurers such as Zurich include as standard on their blocks of flats cover 20% of the sum insured for AA/LOR (thats alternative accommodation or loss of rent).
There are lower grade “el cheapo” insurers who dont include this cover as standard.
Member Since October 2017 - Comments: 67
8:38 AM, 27th July 2024, About 2 years ago
this is a issue The freholder is the policy holder thus does the loss of rent merely mean the loss of his rent which is usually just the fround rent income.
However on a recent incident with WCC although my flat was not the cause of the water damage I had to male a claim in my name on the policy for damage to my flat -and meet the excess Sedgwicks are refusing to pay my loss of rent The counil said to pusue a liability claim against them ( it was a council occupied flat that caused the escape of water)