The building insurance excess is £2,500. The damage to a single flat is estimated at £2,000. Technically, the building is covered. Every year, the insurance premium lands in the service charge. It is paid because it is a requirement of the lease, supported by a universal assumption: if something goes wrong, the property is protected. Then, something goes wrong. The damage is real. The cause is clear. The policy exists. But because the cost of the repair is lower than the exce