buisiness insurance.

[linnikins]

Hi, I wonder if someone can help clarify a situation I have with my landlord. I rent a shop an a fully repairing leease. It says in my lease that I have to pay the landlords bill for the building insurance. Several years ago my bookkeeper commented that my building insurance seemed very high.. so I had the place surveyed and valued, and after the valuation,got some quotes for insurance. My quotes were between £300 and £400 ... the landlords bill was then £1200!!! I contacted the landlord to ask if the bill was correct and he said he presumed so..but it was part of a block policy, I asked if I was paying to insure all his other properties (which didnt go down too well!!) The following year the bill was reduced by about £600, but has slowly risen back up to this new bill of £1005.Is there any way I can appeal against this amount, it is far higher than other people are paying in this area, or can the landlord just charge whatever he wants and get away with it, does he have to qualify what I am paying for and how they arrive at the amount he is charging me? Any advice on this would be very much appreciated!!

[Guest Old_andrew2018]

bump

[linnikins]

sorry, dont understand your reply!!

[Guest Old_andrew2018]

sorry, dont understand your reply!!

As I did not know the answer, and your Original Post was 2 days old,

I bumped your thread, this moves it up to top again and with luck it will be seen by someone with experience in these matters, here is a link to an explaination of the process http://www.consumeractiongroup.co.uk/forum/consumer-forums-website-questions/126507-too-many-posts-going.html#post1323268

 

Regards

 

Andy

[linnikins]

Thanks for clarifying that.. thought you were being silly!! Still have not had any replies though.

[ShortlyTdwarf]

Not 100% sure on this one, but since it is part of the lease and you have to pay it, I would have thought that you would be entitled to a breakdown of the cost of the insurance in your invoice. I would ask your landlord to get his insurers to send you a breakdown of the block policy that shows exactly how the proportion you pay has been worked out.

[linnikins]

Many thanks I will try that.

[linnikins]

Hi. linnikins here again!! I have found someone who may be able to help me (and others in the same position) they are at lease-advice.org ,and are very good at getting to the "nitty gritty" of landlord/tennant problems. There is an article on there about a massive [problem] by landlords and their agents on insurance "bills". I have never seen an insurance premium for this property, dont know what they are saying the building and rebuild costs are, and dont know what is covered in the policy!! You may think that this makes me quite stupid, but I have spoken to a number of business tennants who are in the same boat, (including my local insurance broker!!) lease-advice.org gives very good, legal advice, and can be reached by phone if you need. I was very dissapointed that no one else could give me advice on this matter on consumer forum, so I hope that my investigations may help others who are facing similar problems!!