Assurant Solutions Intermediary changes pricing structure for Landlord's Property Insurance cover
Assurant Solutions Intermediary has announced a change to the pricing structure of its Landlord’s Property insurance cover.
Paul Thompson, managing director, said: “A key differentiator of our offering is that we rate let properties by tenant type, rather than by postcode, and so have traditionally been able to offer mortgage intermediaries an extremely competitive rate. Unlike many other providers, we offer cover for an entire portfolio of properties under one policy – reducing the administrative burden for intermediaries as well as their landlord customers.
“Given the current climate in the rental market however, we wanted to see what we could do to further support mortgage intermediaries with their customers in this sector, and so we’ve worked hard over recent weeks to refine our own administrative processes. We can now pass on the resulting savings to intermediaries, allowing them to enjoy enhanced commissions while their landlord customers can benefit from what we believe is one of the best value covers available in the market.”