Specialist Insurance for Leaseholder-Managed Buildings

RTM Company Insurance

Right to Manage (RTM) Insurance

Right to Manage (RTM) Insurance is specialist cover designed for RTM companies responsible for managing residential buildings on behalf of leaseholders. Whether your company manages a converted property, a purpose-built apartment block, or a large residential development, we’ll help you compare tailored insurance solutions that protect your building, directors, leaseholders, and legal responsibilities.

INTRODUCTION

What is Right to Manage (RTM) Insurance?

Right to Manage (RTM) Insurance is a specialist policy created for companies that have taken over the management of a residential building under the Right to Manage legislation.

Once leaseholders establish an RTM company, they become responsible for arranging buildings insurance, maintaining communal areas, appointing contractors, and ensuring the property is managed in accordance with lease obligations.

A tailored RTM Insurance policy helps protect both the building and the company against the financial risks associated with managing residential developments.

COVERAGE

What Does RTM Insurance Cover?

Policies can be tailored to reflect your building and management responsibilities and may include:

Buildings insurance

Property owners’ liability

Directors’ and Officers’ (D&O) Insurance

Employers’ liability (where applicable)

Communal area cover

Loss of rent or service charge income

Alternative accommodation costs

Legal expenses cover

Terrorism cover (optional)

Engineering inspection cover

Lift inspection cover

Depending on your property and insurer, additional protection may also be available for communal facilities, shared equipment, and management-related risks.

Who Needs This

Who is RTM Insurance For?

This insurance is suitable for:

Right to Manage Companies

Leaseholder-controlled management companies

Apartment block management companies

Residential block management organisations

Flat owners who have exercised their Right to Manage

Whether your RTM company manages a small converted building or a large residential development, specialist insurance helps protect both the property and those responsible for managing it.

Why RTM Companies Need Specialist Insurance

aking responsibility for the management of a residential building brings a range of legal and financial obligations.

RTM companies are commonly responsible for:

Arranging Buildings Insurance
Maintaining communal areas
Appointing contractors
Organising repairs and maintenance
Collecting service charges
Meeting lease and regulatory obligations

Without appropriate insurance, both the RTM company and its directors could face significant financial exposure following property damage, liability claims, or management disputes.

A specialist RTM Insurance policy is designed to address these additional responsibilities.

Buildings Insurance for RTM Companies

One of the primary duties of an RTM company is arranging Buildings Insurance for the entire development.

A comprehensive policy can help protect:

The building structure

Roofs, walls and foundations

Hallways and communal areas

Shared facilities and amenities

External structures and landscaped areas

Cover should reflect the property’s full rebuild value to ensure adequate protection in the event of a major insured loss.

Directors' & Officers' Liability Insurance

Many RTM companies are managed by volunteer directors acting on behalf of fellow leaseholders.

Directors’ & Officers’ (D&O) Liability Insurance helps protect directors and officers if claims are made against them in relation to decisions taken while managing the company.

This may include allegations involving:

Breach of duty
Negligence
Errors or omissions
Mismanagement
Regulatory issues

D&O Insurance is widely regarded as an essential part of a comprehensive insurance programme for RTM companies.

COVERAGE

Types of Properties We Cover

We arrange specialist insurance for a wide variety of residential buildings managed by RTM companies, including:

Blocks of flats

Apartment buildings

Purpose-built developments

Converted residential properties

Mixed-use buildings

Listed buildings

Student accommodation

High-rise residential developments

HOW WE ARE DIFFERENT

Why Choose Us?

At Compare Property Insurance, we specialise in arranging insurance for RTM companies, residential management organisations, and leaseholder-managed buildings across the UK.

Our service includes:

Access to specialist UK insurance markets

Competitive quotations

Tailored insurance solutions

Expert advice and support

Assistance with complex and non-standard properties

Ongoing policy management and renewals

Ready when you are

Get a Free Right to Manage (RTM) Insurance Quote

Whether your RTM company manages a small block of flats or a large residential development, we’ll help you compare specialist insurance from leading UK insurers.

Speak with our experienced team today and arrange tailored Right to Manage (RTM) Insurance designed to protect your building, directors, leaseholders, and long-term responsibilities.