Traditionally most property owners have tended to cover fire and the additional perils stipulated in the lease. The availability of 'All Risks' insurance in recent years has reduced the risk of uninsured losses and the difficulties which are caused in relationships with tenants.

All Risks insurance, covers all the specified perils (subsidence being optional) and accidental damage.

• Fire, Lightning, Explosion, Aircraft
• Earthquake
• Riot and Civil Commotion
• Malicious Damage
• Storm Tempest and flood
• Escape of Water
• Impact Damage
• Theft Damage to Buildings
• Subsidence, Heave and Landslip
• Accidental Damage
• Terrorism (effective from 1st January 2003)

A number of exclusions apply, the main ones being:-

• Engineering Contingencies such as machinery breakdown
• Faulty and defective design, materials and workmanship
• Gradual deterioration, wear and tear, rust and corrosion
• Collapse of buildings and other structures.

In addition to the 'All Risks' cover we negotiate, on an individual basis, additional clauses to reflect the property owners requirement. These will often include landscaping, trace and access cover, eviction of squatters expenses, omission to insure, capital additions and failure of third party insurance.