Buildings insurance for block of flats

[zerkalo]

Hi

I am looking to find out about buildings insurance for residential blocks of flats and compare quotes. The current insurance policy for our estate in East Dulwich is provided by an insurance company which is affiliated to the appointed property management company. As our insurance premium went up recently by a large amount, I'd like to search the market for more competitive quotes before the policy comes up for renewal. Is there any advice on finding insurance brokers who can compare quotes for entire blocks of flats? I understand that the premium is based on the rebuild value of the entire estate. How is this normally calculated?

Any help would be greatly appreciated!

[Gareth406]

I was in a similar position to you and tried to source cheaper buildings insurance quotes which are arranged by the Freeholder's Managing Agents. Unfortunately the Agents would not consider any cheaper quotes put forward by residents. Maybe it's worth checking this with your Freeholder before you put the time and effort into getting quotes.