Challenging landlords insurance recharges

The majority of commercial leases provide that the Landlord insures and the tenant is to reimburse their share of the Premium. We have developed our service to provide occupiers with an opportunity to effectively challenge such recharges.

Our service comprises an audit of the Lease obligations followed by a full review of the insurance invoice and certificate. The review includes analysis of the figures being adopted for the Buildings Declared Value, Sums Insured, Loss of Rent and Premium Rates. So, we check the sums insured reflect the lease terms and that those figures are correctly calculated before ensuring the premium rates are appropriate.  Completing this exercise across a portfolio gives rise to a significant cost saving opportunity.

To find out more and to look through some case studies, please review our Challenging Landlords Insurance Recharges eBook.  This can be downloaded from the link below.

To discuss your requirements in more detail, please contact Lee Mason, Managing Director of Assure Consulting on 01234 817240 or email lee.mason@assure-consulting.com

Insurance eBook

RESOURCES

To find out more and to look through some case studies, please review our Challenging Landlord Insurance Recharges eBook

DOWNLOAD NOW

Our Services

Our Key Offerings:

  • Portfolio Management
  • Individual Cases
  • Pre Contract Advice
  • Financial Planning
  • Dispute Resolution
  • Document & Data Management
Read more

Our Key Offerings:

  • Portfolio Management
  • Premium Evaluation
  • Reinstatement Cost Appraisal
  • Lease Analysis
  • Counter Quotes
  • Document & Data Management
Read more

Our Key Offerings:

  • Portfolio Management
  • Individual Cases
  • Recovery of Lease Costs
  • Support to Inhouse Team
  • External Recovery
Read more

Our Key Offerings:

  • Agreed Scope of Work
  • Portfolio Audit
  • Financial Analysis
  • Lease Appraisal
  • Identify Opportunities
  • Secure Refunds & Overpayments
Read more

Our Key Offerings:

  • Verivi Database for Lease Liabilities
  • Access to clear folder structure & data
  • Regular reporting
  • Client Portal for 24/7 Access
  • Savings across all Lease Expense categories
  • Financial and Payment Information
Read more

OUR BLOG

Electricity

Most occupiers of commercial multi-let buildings will be paying for electricity via two routes. However, do you know what you are paying and whether this represents good value for money? The electricity cost that may be more ‘visible’ to you will be what you use within your own space. This will be electricity consumed by…

Double or Triple Charging for Exceptional

With deferral & subsequent carrying forward of postponed works coupled with delays in certifying service charge there are instances where service charges levied on-account can effectively mean charges for the same work on numerous occasions until reconciled. Service charge budgets and reconciled accounts are not being issued in line with the timescales set out in…