The Source offers more for non-standard properties

Published on

transparency-selection

Source Insurance has extended its reach in the non-standard household insurance market with enhancements to its quotations engines that will allow more properties to be quoted.

Following agreements from existing underwriters, Source has been able to broaden declarations and definitions as well as improved mapping to the engines allow them to quote for more non-standard property risks.

Brian Coulton, the Source’s national sales manager, said: “We are finding that more and more people are getting caught in the non-standard definition as insurers continue to refine their rating factors, with non-standard no longer restricted to thatched roofs or exotic construction, we are simply responding to this to ensure that we can quote for as many clients as possible.”

This is the latest in a series of developments planned for this year that the Source claims should see its footprint extend further into the non-standard area which is becoming increasingly important to its brokers and their clients.

Latest POLL

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

Seven out of 10 homebuyers likely to miss stamp duty deadline

Seven out of 10 (71%) homebuyers with accepted offers expect to miss the 31st...

First-time buyer mortgage sales declined in London over the past decade

First-time buyer mortgage sales in London declined significantly between 2013 and 2023, as increasing...

UTB appoints BDM for the north and Scotland

Fran Arnold has joined the sales team at United Trust Bank Mortgages as business...

International demand for UK property investment ‘more diverse than expected’

The UK property market is attracting investment from a much broader range of international...

Other news

Seven out of 10 homebuyers likely to miss stamp duty deadline

Seven out of 10 (71%) homebuyers with accepted offers expect to miss the 31st...

First-time buyer mortgage sales declined in London over the past decade

First-time buyer mortgage sales in London declined significantly between 2013 and 2023, as increasing...

UTB appoints BDM for the north and Scotland

Fran Arnold has joined the sales team at United Trust Bank Mortgages as business...