Insurance for Home Builders or Property Developers
If you are a home builder or property developer in the process of planning or building a new development with multiple units (houses or flats or apartments), we can help provide a bespoke home builders insurance with a buildings and contents package. By offering first time property investors the first year insurance as part of a potential sale price, the stress and hassle of finding adequate cover is removed form the property purchase process. A first time buyer of a property abroad has to cope with understanding local legal processes, cultural and language issues, land registry process, legal processes documents and so on…. so finding comprehensive building insurance for their new prized holiday home is sometimes the last thing they think about (yet it’s probably the most important). Alternatively, you may view the inclusion of an insurance with a property sale as a means of increasing your margin.
Either way, we will consider large developments with hundreds of units – our partnerships with Intasure and Lloyd’s of London provide an experienced team of qualified and bilingual support staff to handle claims and enquiries from your customers once a policy is on cover. The package is likely to be highly customised to your individual situation and detail the area of risk and cover such as communal areas, lifts, stairwells, swimming pools, gardens and entrance ways. Please contact us by completing the short form above so a professional advisor can call you back in minutes to discuss your individuals needs. The sort of information we are likely to need in order to assist you is:-
- Outline development Plans/ numbers of units
- Square metre area of all houses / apartment units
- Description of communal areas
- Outline details of residents security arrangements on site
- Estimates sum insured based on number of units
- Geographic proximity to sea/ local services