Q&A - Insurance and Service Charges

It is common for mortgage lenders to provide their own insurance, however buildings insurance tends to be included within the service charges. If you are unsure then I would suggest asking your managing agent for a copy of the current insurance schedule which will provide details of the cover provided. It is possible that there may be a provision stating that there is some contents cover. Generally, this will be cover in respect of the common parts and I would strongly advise that you take out separate contents cover. I would remind you that if the contents of your flat are damaged then this will not be covered under the building insurance.

Thanks to Sarah Fisher, of Smith Melzack Pepper Angliss , for answering our readers’ questions