The addition of Landlord’s Choice is part of an ongoing strategy to expand the range of providers in both the landlord’s 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, they will cover all tenant types. The scheme has some particularly attractive extensions where tenants are working people, including malicious damage, and theft by tenants with a standard excess of only £100.
Mick Cairns, insurance director at The Source, 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 landlord’s 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 customer’s needs”
The Source plans to continue to extend its’ product offering into the lettings sector with a range of initiatives this year, and strengthening the property insurance panel is an important part of this.
