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Insurance for single apartment in absence of management company?

TimeslipS · 2020-01-14 16:32:28

Hi all, I'm looking at buying an apartment, one of four under the same roof, with the intention of letting. There is no management company. Have contacted a number of brokers and insurers, and no one is willing to insure it. Is anyone aware of an insurer that will do this in Ireland? The only other possibility seems to be…

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14-01-2020 5:32pm

#1

TimeslipS

Registered Users Posts: 6 ✭

Join Date: January 2019

Posts: 2

Hi all,

I'm looking at buying an apartment, one of four under the same roof, with the intention of letting. There is no management company. Have contacted a number of brokers and insurers, and no one is willing to insure it. Is anyone aware of an insurer that will do this in Ireland?

The only other possibility seems to be to get in contact with the owners of the three apartments and collectively get block insurance. Any other ideas?

Cheers!

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#2 15-01-2020 1:02am
the_syco

Registered Users Posts: 37,295 ✭✭✭✭

Join Date: June 2001

Posts: 35224

What sort of insurance are you trying to get for it?

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#3 15-01-2020 1:12am
Liamo57

Closed Accounts Posts: 157 ✭✭

Join Date: August 2017

Posts: 157

You can only get Block Insurance for the 4 apartments and divide the cost. It cannot work any other way.

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