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Building Insurance For My Flat Increased by ~ 210% by Management Company
Thampy
Posts: 8 Forumite
Hello
I would like to know what should and can I do when the managemet company increased the building insurance for my flat by ~ 210% (from £89 to £221).
When I asked the reason for increase I been told brookers got the rebuilding cost incorrect (for the past 4 years) all these days and now it has be reificed hence the hike in the premium. Can this be true? how do I challenge this?
Thanks.
Regards,
Tham
I would like to know what should and can I do when the managemet company increased the building insurance for my flat by ~ 210% (from £89 to £221).
When I asked the reason for increase I been told brookers got the rebuilding cost incorrect (for the past 4 years) all these days and now it has be reificed hence the hike in the premium. Can this be true? how do I challenge this?
Thanks.
Regards,
Tham
0
Comments
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You ask to see the insurance company's documentation. If the costs have been passed on correctly, you cannot challenge it.0
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Maybe sell up and find somewhere else to live.0
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