Insurance FAQs
-
Am I subsidising other leaseholders by paying more building insurance for a similar sized property?
-
How is the sum insured determined?
Your property (and any communal areas) was valued for rebuilding costs when the property was originally sold under the Right to Buy scheme. This amount increases once a year in line with the buildings indices. Please note that the amount may also be increased on request from a leaseholder or their mortgage lender.