The new policy allows for up to three people to share the same policy, as long as they are employed
HomeLet, a landlord and tenant insurance provider in UK, has released a new tenant’ contents insurance product. The company acknowledges that it has become a trend that tenants share the cost of renting by sharing their home with a friend or colleague. The new policy allows for up to three people to share the same policy, as long as they are employed.
Philip Suter of JML-property-insurance, said: ”We have been a HomeLet agent since 2002 and we are sent copy letters to tenants confirming the cancellation of their insurance, usually because of price and the fact that they have found a cheaper alternative.”
John Boyle, Managing Director, HomeLet, said: ”Our new policy – Tenant’s Contents Insurance product is even better value for money than before, it still covers accidental damage to the landlord’s contents, buildings, fixtures and fittings up to the value of £2,500.”
JML-property-Insurance acts as a provider for insurance companies selling property insurance, including landlord and tenant rental products, pet insurance, wedding insurance, motor insurance, car hire excess insurance, travel insurance and non standard insurance products.