Source Insurance has added Covea to its household insurance panel.

This brings the total number of household schemes available to 13.

Covea currently has over 11 million policyholders.

The bedroom rated product provides buildings cover up to £500,000 with a low standard excess of £100 and contents cover up to £50,000.

Mick Cairns, insurance director at the Source, said: “Covea are a large quality player in the property insurance market with a solid track record and competitive national coverage and adds further strength and depth to our existing comprehensive household insurance panel.”