Top causes of insurance claims for blocks of flats

Lansdown Insurance Brokers, specialists in block of flats insurance has unveiled key insights into the most frequent insurance claims for blocks of flats in 2024. The data highlights common risks faced by landlords and property owners, as well as positive trends in claim cost reductions compared to 2023.

Darren Bee, Associate Director at Lansdown, commented: "It's reassuring to see a decline in claim costs across key areas, which suggests that property owners are taking proactive steps in maintenance and risk prevention. However, the high number of claims highlights the continued importance of having comprehensive insurance cover tailored to the specific needs of flat owners and landlords."