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HomeLet Introduces Tenant’ Contents Insurance Product

IBR Staff Writer Published 19 June 2009

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.