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    Buildings Insurance

    Hoping someone can help. Is it possible to take out buildings insurance individually for your own flat. If so, would the insurance cover you for your share of the communal areas, eg roof.

    rep given, cheers

    4 Comments

    Yes it's possible but not all companies do it.

    I've used Zurich & Bank of Scotland but some of the other bigger companies only cover you if everyone in the block takes out insurance with them.

    depends some blocks are managed by factors here in scotland and unfortunatly you have to take their cover even tho it would be cheaper if you could do it yourself it should be in the stuff your lawers would have gave you when you bought the flat

    Original Poster

    jamstaruk1972;8110045

    depends some blocks are managed by factors here in scotland and … depends some blocks are managed by factors here in scotland and unfortunatly you have to take their cover even tho it would be cheaper if you could do it yourself it should be in the stuff your lawers would have gave you when you bought the flat



    yeah we have a factor company but are getting rid of them just now. Im just looking into all the options for buildings insurance. do companies let you take block insurance as a group of individuals

    mcfallg;8110075

    yeah we have a factor company but are getting rid of them just now. Im … yeah we have a factor company but are getting rid of them just now. Im just looking into all the options for buildings insurance. do companies let you take block insurance as a group of individuals



    you can go it alone but sometimes if you all get along the block next to us used to self factor themselves with no problems and they had a couple of tradesmen in block so they got the repair jobs and the owners saved some money.

    in our block tho we had loads of people who never paid their share of the bills and in this case its better to leave the factors to sort it out
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