building and contents insurance for a block of flats on one title

I hope someone else might be in the same situation

I currently have a block of flats in Newcastle - it is a block of 3 units

The block is not strata-titled -ie on one title

Unfortunately many building insurers will not insure this type of situation

I am currently insured with GIO who have been good but the renewal notice has just come in mail - the premium has jumped 100% over the past 3 years

I thought it would be a good idea to shop around

Can anyone recommend a insurer that will insure a block of flats which is not strata titled

I have called most of the majors including AAMI - no luck yet

Many thanks in advance
 
The fastest way is to get an Insurance Broker on the job. Remember to indicate whether the units are all under the one roofline. If for example one of them is an isolated villa with its own roof, that makes a difference (and makes the premium even more expensive).

Speaking directly to the insurers is painful because quite often, the person on the phone cannot grasp the fact that you own the entire site... no body corporate, and therefore the "common parts" (fences, driveways etc) are all yours anyhow.
 
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