New landlords insurance product for The Source

Published on

insurance-types

The Source has added Landlord’s Choice to its buy-to-let insurance panel.

It said the move was part of an ongoing strategy to expand the range of providers in both the landlords property insurance market and household market.

Landlord’s Choice, the new product which is underwritten by e-Underwriting, provides buildings cover of up to £650,000 and “generous” contents limits. Although aimed principally at professional tenants, it will cover all tenant types.

The scheme has a number of extensions where tenants are working people, including malicious damage, and theft by tenants with a standard excess of only £100.

Mick Cairns, insurance director, said: “e-Underwriting bring some additional depth of cover to our panel offering for landlords with some quality features in an increasingly competitive market.”

Rob Rushton, head of sales and marketing, added: “This is the first of a number of additional providers we are looking to bring onto our landlords property insurance panel this year. We want to give our brokers as much choice and range as we do on our household panel and the addition of e-Underwriting takes us a step closer.

“It forms part of our ongoing commitment to offer our brokers a more choice to meet their customers‘ needs.”

The Source plans to continue to extend its’ product offering into the lettings sector during the rest of 2013.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Skipton loses former Connells chief’s discrimination case

Skipton Group Holdings and Connells have lost an employment tribunal case brought by former...

IMLA supports flexible mortgage rules but says housing supply remains key

Mortgage lenders have backed proposals to give first-time buyers and other underserved borrowers greater...

Mortgage borrowing jumps to £7.7bn

Net mortgage borrowing more than doubled to £7.7bn in June, up from £3.3bn in...

AMI says mortgage rule reforms must keep advice at their core

Proposals to give lenders greater flexibility must be supported by mortgage advice if they...

Stamp duty deters half of over-65s from moving

Half of over-65s see stamp duty as a barrier to moving home, despite 58%...

Latest publication

Other news

Skipton loses former Connells chief’s discrimination case

Skipton Group Holdings and Connells have lost an employment tribunal case brought by former...

IMLA supports flexible mortgage rules but says housing supply remains key

Mortgage lenders have backed proposals to give first-time buyers and other underserved borrowers greater...

Mortgage borrowing jumps to £7.7bn

Net mortgage borrowing more than doubled to £7.7bn in June, up from £3.3bn in...