share of freehold buildings insurance

Pji

My neighbour & I recently bought the freehold of our property (house split into 2 flats) through setting up a management company. Having difficulty finding buildings insurance or even a decent broker who understands this. Does anyone have a good experience to share?

Zorillo

You just want a standard Property Owners policy. A proper broker will know what you need.

eddddy

If you Google 'block of flats insurance', you'll find lots of brokers etc.

You need just one buildings insurance policy. The policyholder(s) would be whoever owns the freehold.

(From your post it's not 100% clear if you jointly own the freehold, or whether the company you've set up owns the freehold.)

sal_III

I suspect OP is looking to insure 1/2 of the building, while his neighbour insures the other 1/2. If my assumption is correct, you are looking at it the wrong way.

You need just 1 insurance on behalf of the Freeholder and split the cost between you.