Frequently Asked Questions
- Who are TPCM?
- What is the Buildings Sum Insured (BSI)?
- How do I accurately calculate the amount of buildings cover required?
- How quickly will I get my Insurance certificate?
- I have an extensive property portfolio of both residential and commercial property, can you help?
- Will the rate vary depending on where the property is located?
- Why does a normal home insurance policy not cover my rented property?
- I live in a flat can I insure it with you?
- What do I need to do if I want to make a claim?
Who are TPCM?
TPCM are a specialist insurance provider dedicated to providing low-cost, high quality Landlords Buildings Insurance. Because we only deal with this specific type of insurance we can offer very competitive premiums.
TPCM is a trading name The Property Consultants and Management Limited. The Property Consultants and Management Limited is authorised and regulated by the Financial Services Authority (number 315122).
What is the Buildings Sum Insured (BSI)?
When going through the process of getting a Landlords Insurance quote you will be asked to provide an amount for the Buildings Sum Insured (BSI). This figure is the cost for rebuilding your property if it was completely destroyed. This should not be confused with the market value of the property (which is normally much higher than your Sum Insured). It is equally important not to underestimate your Buildings Sum Insured since should it come to making a claim the insurers will reduce the amount that they pay you in proportion to the amount you have underestimated.
How do I accurately calculate the amount of buildings cover required?
The amount of buildings cover must represent the full cost of rebuilding your let property. If you are unsure how much cover you require, please follow the link to the website of the Association of British Insurers.
How quickly will I get my Insurance certificate?
Once we have all your property details we can fax your certificate the same day.
I have an extensive property portfolio of both residential and commercial property, can you help?
With larger portfolios of either residential and/or commercial we would be happy to discuss a further reduced rate for you dependant on the size.
Will the rate vary depending on where the property is located?
TPCM have no post code restrictions on their residential policy although some restrictions apply on the commercial policy.
Why does a normal home insurance policy not cover my rented property?
A traditional home insurance policy may not pay when the property is being used to make an income (for example when you are renting your property to tenants). Equally, Landlords Insurance provides additional cover such as Landlords Liability and Loss of Rent, which are not offered through normal home insurance policies. To ensure you are fully protected, it is recommended that you purchase a Landlord's Insurance policy which is specifically designed for these circumstances.
I live in a flat can I insure it with you?
Only if you own the freehold of the property.
What do I need to do if I want to make a claim?
If you would like to make a claim you need to contact our claims company Lucas Fettes
Telephone: 01243 530450
Email:
teresa.cox@lucasfettes.co.uk
or
tracy.steele@lucasfettes.co.uk
Alternatively, you can download and complete a claims form and send it via post or fax to:
Lucas Fettes
3 East Pallant
Chichester
PO19 1TR
Fax: [44] 01243 790966
More details can be found under the 'Make a Claim' section of our web site.