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HomeLet
releases a new Tenant's contents insurance product available via jml insurance
Released 18th
June 2009 Summary:
HomeLet
rental insurance have cut the cost of tenants insurance from the 19th June 09
with a new policy that is available via jml insurance. HomeLet
the major Landlord and Tenant insurance provider in the UK is releasing a new
Tenant's contents insurance product. The insurance provider has been listening
to customer feedback and introduced "Tenant's Contents Insurance +". The
company acknowledges that it is becoming more and more common 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 and not a full time student. (HomeLet have other insurance products
for the student
market). They
have also looked at the minimum cover they offered and have decided to double
this cover at no extra cost, They believe that tenants often under estimate the
value of their personal items and HomeLet
were concerned that they could be under-insured. The
post code lottery was another area they made a thorough review of. If a tenant
lived in a certain area the risk could much higher and consequently the tenants
pay a lot more for their insurance cover. Their research has revealed that some
of the areas that they had classified as "high risk" had been greatly improved
and consequently should be in lower risk bandings saving tenants money. Finally
they looked at one of the most important elements for a tenant. The prices in
those areas that are still in the higher bandings. HomeLet have realised that
they were a little uncompetitive and prospective tenant customers have gone to
other providers. So they have updated these areas as well to make them more competitive.
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." "It
is so important that tenants make sure their possessions are properly protected
in light of a predicted surge in property crime due to the recession and rising
levels of unemployment. This new HomeLet tenant insurance product is at a very
competitive price and easy to arrange on line via a link from the jml-property-insurance.co.uk
website" www.jml-property-insurance.co.uk.
Philip
went on to say" Tenants often think that a Landlord's insurance will cover their
possessions, unfortunately this is not the case and with so many renters having
expensive items like computers, ipods, mobile phones
and more, they must make sure that they are properly insured". John
Boyle the Managing Director of HomeLet said "Our new policy - Tenant's
Contents Insurance+ 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 and now there is a higher level of cover for the minimum
sum insured which has changed from £2,500 to £5,000". John
went on to say " The new product is ideal for professional people who are sharing
as it can cover the policy holder plus two additional tenants". John
Boyle the Managing Director of HomeLet has held positions as National Sales Manager
for AMP and Agency Sales Director for AIG in charge of Eastern European Operations
and as the Managing Director of HomeLet, is responsible for implementing a business
strategy, augmenting senior client relationships and maintaining the company's
winning culture. HomeLet is a trading name of Barbon Insurance Group Ltd. Ends... Company
Information jml-property-Insurance.co.uk
is part of jml
Property Services, the trading name of Jeffrey
Milner Ltd. The company is an UK based
company that was established in 1979. jml insurance acts as an introducer for
insurance companies selling property insurance including landlord and tenant rental
products, pet insurance like Animal Friends Insurance, wedding insurance, motor
insurance, car hire excess insurance, travel insurance and non standard insurance
products. They also operate jmlvillas.com
an online marketing service for owners of holiday home property to advertise and
are part of the jml
Group that includes jml
Training and Consultancy. ©
jml Property Services June 2009
Looking
for Landlord and Tenant Rental Insurance? Click on logo 
See
also
HomeLet
(Group) Press Information: HomeLet
Insurance launch new forum for letting agents - June 2010 HomeLet
and Martin & Co offer new cover for Landlords - June 2010
There
are a record breaking number of renewals for Martin & Co - June 2010
HomeLet
sponsors Bloom Apprenticeship Academy for Estate and Letting Agents - June 2010 Do
landlords really need specialist insurance? - June 2010 Rent
Guarantee claim a landlord's experience - June 2010 HomeLet
Insurance update - June 2010 The
Letting Agent of the Year Awards - June 2010 Grant
Shapps appointed as new Housing Minister - May 2010 Nationwide
Building Society announces New Mortgage Deals and John Boyle of HomeLet insurance
says New Buy-To-let deal is good news for Landlords - May 2010 Pinkerton
Murray Strikes Gold - May 2010 Students
to get Extra Protection from Crime via HomeLet Insurance - May 2010
Rising
Rents Pose Potential Risk for Landlords in the UK - April 2010 HomeLet
insurance run for charirty - March 2010 HomeLet
Launches £500 Prize Draw for Landlords - March 2010 Rental
Increases could see a reversal of Fortune says HomeLet Managing Director - March
2010 HomeLet
offers More Benefits for Premier Customers - March 2010 Agents
Positive about the Future of Lettings - February 2010 Cold
Snap Could Prove Costly for Landlords says HomeLet Insurance - January 2010 HomeLet
Launch New Range of Landlord's Insurance - December 2009 HomeLet
Insurance offers service guarantee to Letsense Agents - December 2009
HomeLet
to launch innovative new insurance policy product - December 2009 Demand
for HomeLet insurance doubles - October 2009 HomeLet
releases a new Tenant's contents insurance product available via jml insurance
- HomeLet rental insurance have cut the cost of tenants insurance from the 19th
June 09 with a new policy that is available via jml insurance - June 2009 Barbon
Insurance has acquired Zennor Ltd - April 2009 Tenants
should Insure against recession related crime - February 2009 New
Managing Director for Letsure- Barbon Insurance Group has announced the appointment
of Ian Fraser as Managing Director - January 2009
New
Chief Executive for Barbon Insurance - September 2008 Barbon
Insurance Reveals Latest Financial Results - September 2008 EIS
Completes Rebranding Exercise to Become Barbon Insurance Limited -August 2008 jml
Insurance are very pleased that HomeLet and Letsure are now under the Barbon Insurance
Group umbrella - August 2008 Martin
& Co announces three year deal with HomeLet - July 2008 HomeLet
staff gain promotions - June 2008 New
Customer relations manager for EIS Insurance Solutions - June 2008 EIS
sale completed - New and stable long term ownership - April 2008
EIS
separates from Erinaceous Group - New and stable ownership - April 2008 Erinaceous
placed in administration - April 2008 jml
Insurance will now be introducing Homelet Landlord & Tenant insurance instead
of Letsure - March 2008 Erinaceous
puts insurance division up for sale - January - February 2008 Brian
Turney has left Lumley Letsure - June 2007 Erinaceous
Group Plc Opens Property Management Office in Dublin, Ireland - May 2007 HomeLet
IPEX -Landlords set for buy-to-let revolution as new scheme launched - March 2007 HomeLet
Rental insurance launch Portfolio Insurance from 10th July 2006 in the UK Letsure
has a new Glasgow offices December 2005 HomeLet
launches new low cost option landlord’s protection - July 2003
Also:
HomeLet Landlord & Tenant Insurance Sponsors Negotiator Award The 2008 awards
from The Negotiator Magazine took place at the London Hilton on the 11th November
Return
to jml insurance Press Releases See
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Industry Press Releases -2008 Insurance
Industry Press Releases 2001 -2007 Independent
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