How often do you consider the risks associated with your role as an RMC director or committee member?
Browsing: Insurance
Britain’s flood warnings are abating, but as we enter the winter months the new threat is cold weather.
You probably wonder when you ring around to review your insurance premium why you are given so many different premiums, for the same block.
This is not about avoiding peeping toms, it is making sure that your home, your most valuable asset, is properly protected and fully insured.
Whether you employ anybody is a question probably posed at many Residents’ Management Company (RMC) meeting.
Could subsidence be a problem for your block? Richard Ayton-Robinson explains what to look out for and how to lower your risk.
Imagine whilst fulfilling your duties as an RTM director, you are faced with the prospect of all of your personal assets being at risk.
We can all remember floods, storms, tornados and some notable fires which brought insurance to the forefront of our minds.
It is estimated that there could be as many as 20,000 squatters in the UK and is more prevalent in domestic properties.
If your premises contain lifts and/or boilers and/or electrical or electronic machinery, cover is available to protect your RMC.