Let SMSC independently compare your insurance premium
If you have any doubt that you may be paying too much for your building insurance for flats, book an Insurance Health Check Today.
We are now helping leaseholders achieve true value for their block of flats insurance by comparing their premiums with like for like policies For Free!
Our service charge consultant service is free to all leaseholders, there is no requirement to be using or have used Save My Service Charge previously.
You have nothing to lose and plenty to save by calling us or arranging a call back.
The worst case we have found, saw a Managing Agent (who is not and will not be listed with us!) charging a 40% commission on top of appropriate brokerage fees to a leasehold block of flats.
This meant that the said block was paying almost double for their block insurance over its true value and well above the average service charge in the UK… and for what? An introduction?
It is no secret that the insurance market is funded through commissions, many of which are passed on to you as leaseholders.
Commissions are designed for the purpose of work that may need to be done, i.e., administrative, or secretarial in relation to your property. Insurance brokers obviously need to be paid a sensible fee for managing your policy, but that is where any further funding should stop!
Obviously, we are business, so we are required to make money, but we do not make it from leaseholders.
We work with Insurance Brokers who get preferential rates from insurance underwriters. They receive the best deals in the market for leaseholders and we take a small fee from the winning broker, for passing on the lead. Which is not add it to your insurance premium
The insurers cannot inflate their prices to pay for this as we are comparing their figure against your existing insurer and new insurers want to offer the best available price for you.
Our goal is to drive down the price of your block of flats insurance, not capitalise on it.