Rights to Park (RP)
This policy is also known as: ‘Absence of Easement for Parking (Leasehold)’
This policy provides cover in favour of the lessee for the right to use an allocated/designated car parking space. Case law suggests that it is not possible to grant an easement on an exclusive basis. The policy will respond if the Insured is prevented from using the car parking space on the grounds that they do not have a legal easement to do so.
For full terms, please see the Policy.
- Premiums from £70.00 incl. IPT
- ‘Instant’ cover for residential properties
- This policy will run in perpetuity
- Up to £3m limit of indemnity
- Comprehensive cover including automatic 5% inflation clause per annum for 10 years
- Electronic policies
- Monthly statement and numerous payment options
- LOI can be increased at any point using our top-up policy
- BACS and cheques accepted
If you are unable to find the cover you are looking for, or if you simply wish for us to provide cover directly from our office, please contact us for a ‘Bespoke or Direct’ quote.