A huge gas explosion recently ripped though a three storey block of flats in Oxford setting other houses and nearby boats alight!
Footage from the scene showed a fireball over the building and one of the forty fire fighters rescued a resident from an upstairs window of one of the damaged homes. Over 40 residents were unable to return to their homes that evening.
It’s tempting; so as to try and reduce the annual premium, to overlook the potential for a significant claim from neighbours. Hopefully, this was not the case in this instance.
Unpredictable situations like this are why you need to use a reliable Block Management Company that will keep on top of important paperwork such as renewal of insurance policies. You would not want to find out after the event that the renewal had been overlooked or the cover is insufficient.