NEWS RELEASE 30th April 2010 from HomeLet Landlord and Tenant Insurance
Students living in shared accommodation are now eligible for HomeLet’s comprehensive Tenant’s Contents Insurance+ policy which offers an unrivalled level of protection against theft and accidental damage.
The policy, which was launched in 2009, is ideal for people living in a house share as it covers the policy holder and two additional tenants who are named on the tenancy agreement.
Up until now only professional sharers have been eligible but HomeLet, which is the UK’s leading provider of landlords’ and tenants’ insurance, has extended the policy to cover student sharers.
According to HomeLet the average premium for three tenants sharing a property on the Tenants Contents Insurance+ policy, is £12 per month which is exceptional value for money at around £1 per week for each student sharer.
HomeLet’s Managing Director John Boyle said: “Tenant’s Contents Insurance+ is designed specifically to protect tenants, who can often neglect to insure their valuable possessions and I’m delighted that students can now benefit from the unbeatable level of cover it provides.
“When compared to our previous tenants’ contents product, Tenant’s Contents Insurance+ offers double the minimum cover at no additional cost. This is to help ensure that tenants aren’t underinsured, as people can often underestimate the value of their contents.”
HomeLet’s Tenant’s Contents Insurance+ policy is flexible and insures the tenants’ contents against theft by forcible means, fire, lightning, earthquake or flooding and water leaks. Students can also choose to cover specified items like laptops, iPods and pedal cycles outside the home.
It also provides tenants with cover for accidental damage to their landlord’s contents, building, fixtures and fittings up to the value of £2,500. This means that tenants don’t have to worry about losing their deposit if an accident happens.
John continued: “Student residential areas can be prime targets for burglars, especially during the holidays when thieves know the properties are likely to be empty. Our product is excellent value and payable monthly, which is great news for students in particular. This means that no matter where tenants live they have access to comprehensive cover at a more affordable price.”
HomeLet is the UK’s largest tenant referencing, Rent Guarantee and specialist insurance provider for the lettings industry and has around 3,000 approved letting agents nationwide.
HomeLet have referenced over 1 million tenants in the last three years alone
For more information please visit http://homeletuk.com/cgi-bin/alpha.cgi?agentschemeno=1501435