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.

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

Land Registry outlines long-term plan to modernise property market

HM Land Registry has set out its ambitions to deliver faster and more efficient...

The Mortgage Works trims rates across new and switcher ranges

The Mortgage Works (TMW) is cutting selected buy-to-let mortgage rates for both new and...

Recognise completes £644k commercial bridge for East Anglia housing site

Recognise Bank has provided a £644,000 commercial bridging loan secured against a greenfield site...

CSS appoints Steve Lees as associate technical director

Countrywide Surveying Services (CSS) has appointed Steve Lees as associate director of technical services. Lees...

Buy-to-let boom slows as landlords focus on refinancing

The pace of the UK’s buy-to-let expansion is slowing as landlords increasingly shift their...

Latest publication

Other news

Why rigid credit scoring is locking too many people out of homeownership

Some people don’t fit the mould. That’s always been true in mortgage lending. But...

What a bigger market means for brokers

The latest Interpath and BDLA UK Bridging Market Survey confirms what many brokers are...

Land Registry outlines long-term plan to modernise property market

HM Land Registry has set out its ambitions to deliver faster and more efficient...