All projects that have been fully or partially funded through the Community Spaces programme must insure their project assets as part of the Terms and Conditions of the grant.
Asset insurance has caused some difficulties for groups. If a project is being supported by a local authority then it is acceptable for the local authority’s insurance to cover the assets. Where there is no local authority involvement, groups need to insure the assets independently.
This blog piece is a space for everyone to share their knowledge and experience of asset insurance. Please feel free to share what you know and point people in the right direction. If you’re struggling with asset insurance then this is the place to ask your questions.