Terrorist insurance bombshell
Terrorist insurance bombshell
- 1993
- Daily Telegraph 6 February 1993, 26 Estates Times (1175) 5 February 1993, 1 Evening Standard 10 February 1993, 44(3) .
The AMA warns that local authorities will pass extra costs of insuring against terrorism to commercial tenants through landlord insurance premiums and council tax. Highlights the plight of householders in Bournemouth who face a 10% increase in premiums to cover the threat. Flat owners in London also face a rise in premiums for terrorism cover as a result of a loophole whereby blocks of purpose-built flats can be classified as commercial buildings.
BOMB DAMAGE
BOMBS
COMMERCIAL BUILDINGS
INSURANCE PREMIUMS
LANDLORDS INSURANCE
TERRORISM COVER
The AMA warns that local authorities will pass extra costs of insuring against terrorism to commercial tenants through landlord insurance premiums and council tax. Highlights the plight of householders in Bournemouth who face a 10% increase in premiums to cover the threat. Flat owners in London also face a rise in premiums for terrorism cover as a result of a loophole whereby blocks of purpose-built flats can be classified as commercial buildings.
BOMB DAMAGE
BOMBS
COMMERCIAL BUILDINGS
INSURANCE PREMIUMS
LANDLORDS INSURANCE
TERRORISM COVER