Press Release: December 11, 2009
11th December 2009
HOMELET LAUNCH NEW RANGE OF LANDLORDS INSURANCE
After months of development and years in the making HomeLet have launched Landlords 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 landlords insurance products to date.
Landlords 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 Landlords Insurance+, he said. The launch of this product means letting agents can now offer their landlords an unbeatable level of cover for a highly competitive price.
In todays 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, Landlords Insurance+ gives letting agents that much needed competitive edge, said John.
Landlords Insurance+ offers specialist cover that standard household insurance policies wont 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 Landlords Insurance+ that its hard to list them all. But we believe that weve 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 landlords 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.
Notes to Editors
HomeLet is the UKs 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.
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