After months of development and years in the making HomeLet have launched Landlord’s Insurance+.
HomeLet, who have been supporting the lettings industry since the birth of buy-to-let, have used their knowledge and expertise to deliver their most comprehensive range of landlord’s insurance products to date.
Landlord’s Insurance+ offers a full range of cover including buildings insurance, contents insurance for furnished and unfurnished properties and Prestige Rent Guarantee which covers rental payments and legal expenses for up to 12 months.
According to the Managing Director of HomeLet John Boyle the product is unlike anything else on the market to date.
“Valuable customer feedback and input from both landlords and letting agents have been key in the development of Landlord’s Insurance+,”
“In today’s uncertain economic climate the lettings market has never been more competitive and being able to provide insurance allows letting agents to diversify their offering whilst ensuring they give their clients the best possible customer service.
“Because we offer a managed property discount as well as a no claims discount, Landlord’s Insurance+ gives letting agents that much needed competitive edge,” said John.
Landlord’s Insurance+ offers specialist cover that standard household insurance policies won’t necessarily provide, such as protection for the loss of rent or re-letting costs following a claim. So, if something serious happens such as a fire or a flood and the tenant needs to move out, lost rent is covered for up to two years or up to £50,000 which enables the landlord to pay their mortgage.
John concluded: “There are so many specialist elements included in Landlord’s Insurance+ that it’s hard to list them all. But we believe that we’ve developed one of the most dynamic quote engines on the market, which ensures that placing cover could not be easier for both landlords and letting agents.
“Furthermore our new landlord’s buildings insurance is bedroom-rated which allows us to generate an accurate premium for the insured property. It also means landlords only need to provide their personal details and answer four questions to receive a competitively priced buildings insurance premium indication.”
Ends
Notes to Editors
HomeLet is the UK’s largest tenant referencing, Rent Guarantee and specialist insurance provider for the lettings industry and has around 3,000 approved letting agents nationwide.
HomeLet pays out an average £3m in Rent Guarantee claims every year.
HomeLet is proud to announce it is a main sponsor of the Estate Agent and Letting Agent of the Year Awards 2010.
HomeLet is a trading name of Barbon Insurance Group Limited which is authorised and regulated by the Financial Services Authority. Registered in England number 3135797. Registered office address: 4-9 Highview, High Street, Bordon, Hampshire GU35 0AX.
