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Do I have to use the house insurance company that my flat's leaseholder company says?

The company who own the leasehold on the block of flats that I live in have changed insurance companies and I am now getting demands from a different company who are asking loads for the annual policy. The flat is just a small bedsit, one of eight in the block, worth about £40k, and this year's demand is for £224.54. It even includes a terrorism premium and the flats on on the outskirts of a small Welsh town. Can I look elsewhere to insure the flat does anyone know please?

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