10amwalker
Registered User
- Messages
- 149
Hi,
Our insurance policies are up for renewal and some interesting aspects.
1. Block policy- The reinstatement value for our complex has reduced since last year due to labour and material costs being lower. We have requested a written valuation from the company that provided us one a few years ago.
2. Engineering policy (lifts) was €192.87 per lift 2008 but in 2009 €361.64 per lift- reason given increase in Engineer's inspection fees- Does this seem reasonable ?
3. Directors & Officers Policy down from €856.80 to €728.28 per annum.
My question: I thought that public liability was included in the block policy and it was not necessary to take out a separate public liability policy.
I would welcome any comments
Our insurance policies are up for renewal and some interesting aspects.
1. Block policy- The reinstatement value for our complex has reduced since last year due to labour and material costs being lower. We have requested a written valuation from the company that provided us one a few years ago.
2. Engineering policy (lifts) was €192.87 per lift 2008 but in 2009 €361.64 per lift- reason given increase in Engineer's inspection fees- Does this seem reasonable ?
3. Directors & Officers Policy down from €856.80 to €728.28 per annum.
My question: I thought that public liability was included in the block policy and it was not necessary to take out a separate public liability policy.
I would welcome any comments