Apartment Blocks and Commercial Property Developments

Talk to One of Our Experts Today!

Call: 01 8022 388

At Dolmen Insurance Brokers we have arranged insurances for hundreds of Apartment Blocks and Commercial Property Developments on behalf of management companies, managing agents and private landlords. These range from small private housing estates to large multi-block units and include covers for public areas, play areas, car parks etc.
We have a wide range of insurers available including some based here in Ireland and also via Lloyds of London. All markets we use are top rated to provide peace of mind.
We would be more than happy to discuss your insurance requirements with you. Our quotation service is FREE but may save you a lot!!

buildings

Buildings

The buildings at your development including:

  • landlord’s fixtures and fittings (forming a permanent part of the structure)
  • outbuildings, annexes, private garages, gangways, foundations or footings, swimming pools, tennis courts, squash courts
  • walls, gates, fences and hedges
  • yards, car parks, roads, pavements, paved terraces, patios, paths, drives
  • underground pipes and cables belonging to you or which you are responsible for
  • fixed glass in windows, doors, fanlights, skylights, partitions and fixed sanitaryware.

apartment-block-foyer

Contents in Common Areas

This includes contents items for which the management company or landlord is legally responsible such as carpets, furniture, furnishings whilst in the common parts of the buildings such as hallways, lobbies etc.

loss-of-rent

Loss of Rent

If a portion of the property becomes uninhabitable or access to it is prevented as a result of an insured loss insurers will provide cover in respect of the loss of rental income which would have been received until such reasonable time that the property is once again habitable.

alternative-accommodation

Alternative Accommodation

If a portion of the property is made uninhabitable or access to it is prevented as a result of an insured loss cover is provided in respect of the reasonable cost of alternative accommodation until such reasonable time that the property is once again habitable.

property-owners-liability

Public / Property Owners Liability

Your legal liability as property owner for accidental bodily injury or disease to Third Parties or their property.

Employers Liability Section

From time to time you may engage employees in respect of the general maintenance and upkeep of the property. Employers Liability provides cover in respect of your legal liability to employees for bodily injury or disease arising out of and in the course of their employment with you.

engineering-inspection

Engineering Inspection

If you have any lifting apparatus at your property such as passenger lifts or wheelchair lifts you are legally required to have these inspected every 6 months under current Irish legislations.

(Safety, Health & Welfare at Work (general application) Regulations 2007 S.I. No. 299 of 2007 and the Safety, Health & Welfare at Work (general application) (Amendment) Regulations 2012 S.I. No. 445 of 2012)

Accidents emanating from overdue inspections can potentially lead to serious legal action against the management company and its Directors. It should be noted that a maintenance contract is not a substitute for statutory inspections.

We have a panel of insurers who offer statutory inspection services and can also provide insurance cover in respect of Sudden and Unforeseen Damage to lifts at your property.

Directors & Officers Liability Insurance

Directors’ & Officers of management companies are often unpaid volunteers who step in to run the management company for the best interest of all the property owners. However in doing so they are deemed to be holding a position of trust and so are liable for any act which is negligent, outside their authority, or in breach of their responsibilities.

If a third party were to suffer financially as a result of the actions of a Director or Officer then they may bring legal action against the Directors, Officers and / or the management company itself.

Directors’ & Officers of the management company can be held personally liable for their actions and unlike a limited company their liability is unlimited. Without holding Directors’ & Officers Liability insurance they are effectively risking their own personal wealth and the future of the organisation, since the financial implication of any legal action can be disastrous.

Examples of Exposures include:

• Safety, Health & Welfare at Work Regulations
• Multi Unit Development Acts 2011
• New Companies Act 2004
• Insolvency Act (wrongful trading)
• Disability Discrimination Act
• Dishonesty to fellow Directors
• Failure to Supervise
• Racial and Gender discrimination
• EU Directors and Regulations

Talk to One of Our Experts Today!
Call: 01 8022 388