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HomeLet Launch New Range of Landlord's Insurance
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HomeLet Launch New Range of Landlord's Insurance


Released 10th December 2009

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+," 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 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."

Notes about this press release:

  • 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.

 

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See also HomeLet (Group) Press Information:

HomeLet Insurance launch new forum for letting agents - June 2010

HomeLet and Martin & Co offer new cover for Landlords - June 2010

There are a record breaking number of renewals for Martin & Co - June 2010

HomeLet sponsors Bloom Apprenticeship Academy for Estate and Letting Agents - June 2010

Nationwide Building Society announces New Mortgage Deals and John Boyle of HomeLet insurance says New Buy-To-let deal is good news for Landlords - May 2010

Pinkerton Murray Strikes Gold - May 2010

Students to get Extra Protection from Crime via HomeLet Insurance - May 2010

Rising Rents Pose Potential Risk for Landlords in the UK - April 2010

HomeLet insurance run for charirty - March 2010

HomeLet Launches £500 Prize Draw for Landlords - March 2010

Rental Increases could see a reversal of Fortune says HomeLet Managing Director - March 2010

HomeLet offers More Benefits for Premier Customers - March 2010

Agents Positive about the Future of Lettings - February 2010

Cold Snap Could Prove Costly for Landlords says HomeLet Insurance - January 2010

HomeLet Launch New Range of Landlord's Insurance - December 2009

HomeLet Insurance offers service guarantee to Letsense Agents - December 2009

HomeLet to launch innovative new insurance policy product - December 2009

Demand for HomeLet insurance doubles - October 2009

HomeLet releases a new Tenant's contents insurance product available via jml insurance - HomeLet rental insurance have cut the cost of tenants insurance from the 19th June 09 with a new policy that is available via jml insurance - June 2009

Barbon Insurance has acquired Zennor Ltd - April 2009

Tenants should Insure against recession related crime - February 2009

New Managing Director for Letsure- Barbon Insurance Group has announced the appointment of Ian Fraser as Managing Director - January 2009

New Chief Executive for Barbon Insurance - September 2008

Barbon Insurance Reveals Latest Financial Results - September 2008

EIS Completes Rebranding Exercise to Become Barbon Insurance Limited -August 2008

jml Insurance are very pleased that HomeLet and Letsure are now under the Barbon Insurance Group umbrella - August 2008

Martin & Co announces three year deal with HomeLet - July 2008

HomeLet staff gain promotions - June 2008

New Customer relations manager for EIS Insurance Solutions - June 2008

EIS sale completed - New and stable long term ownership - April 2008

EIS separates from Erinaceous Group - New and stable ownership - April 2008

Erinaceous placed in administration - April 2008

jml Insurance will now be introducing Homelet Landlord & Tenant insurance instead of Letsure - March 2008

Erinaceous puts insurance division up for sale - January - February 2008

Brian Turney has left Lumley Letsure - June 2007

Erinaceous Group Plc Opens Property Management Office in Dublin, Ireland - May 2007

HomeLet IPEX -Landlords set for buy-to-let revolution as new scheme launched - March 2007

HomeLet Rental insurance launch Portfolio Insurance from 10th July 2006 in the UK

Letsure has a new Glasgow offices December 2005

HomeLet launches new low cost option landlord’s protection - July 2003

Also: HomeLet Landlord & Tenant Insurance Sponsors Negotiator Award The 2008 awards from The Negotiator Magazine took place at the London Hilton on the 11th November


Return to insurance Industry Press Releases

See Also

Insurance Industry Press Releases -2008

Insurance Industry Press Releases 2001 -2007

Independent insurance Articles

jml villas.com Press Releases

jml villas.com / euro-rentavilla.com Media Coverage

jml Training and Consultancy Press Releases



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