Landlords Insurance

At Letprotector we can cover a vast range of different tpyes of landlords and their assocaited risks, whether it is the single property landlord up to the business who own and operate a complex portfolio of residential and commercial properties.

We cover professionals, students, DSS (non referral & referral), asylum seekers and propeties that are unoccupied. Properties tenanted by professionals means that landlords can also extend their Letprotector landlords insurance policy further by the inclusion of legal expenses and emergency assistance cover.

We have recently launched a new product called “Portfolio” designed to cater for landlords with five or more properties. The new facility rewards the policyholder with substantial savings compared to if the policyholder arranged all proeprties on an individual basis.

A further discount is available for landlords with 11 or more properties. The scheme has been amazing successful and has also attracted the attention of the UK’s number one buy to let mortgage provider – Paragon Mortgages. Paragon have recently agreed to recommend this facility to all its landlords who own five or more properties. The only qualifying criteria to use this facility is that 50% of all properties must be tenanted by professionals and students further more the policyholder must not have experienced more than three losses in the last three years and exceeding £3000 in total.

The policy can be amended dependent on the policyholders needs. Accidental damage to buildings is readily available at an additional premium as is contents cover. Property owners laibility can also be increased to £5,000,000 limit of indemnity. This is becoming increasing popular because of the legislation surrounding HMO properties.

The Letprotector policy wording is unique and in our opinion is more comprehensive than 95% of landlords insurance providers in the UK. If you would like to view either the policy wording or key facts please log on to Letprotector.co.uk.

Letprotector is the retail arm Commercial Express Quotes Limited. Letprotector has been trading as an Internet landlords insurance provider since March 2006. Our Financial Services Authority reference number is 311067.

All Letprotector and Commercial Express policies are underwritten by Navigators Insurance Company Limited. Navigators are a large American insurance provider with a Standard and Poors credit rating of ‘A’.

One of the major benefits to our policyholders is the fact we handle all our own claims inhouse. We took this decision at the beginning of 2007 simply due to the fact we wanted our customers to provide a first class service every time and the only way we could guarantee this was by operating the facility ourselves.

One of the first things we did when setting up “Commercial Express Claims” was to agree service level agreements both internally and with insurers and loss adjusters alike. Secondly we improved the levels of communication with policyholders and agents so they were made aware of changes to their claim as and when it happened.

The use of Internet technology is vital in the insurance industry of 2007 and therefore we agreed with insurers that claims / incidents could be notified online in addition to the traditional method of telephones. In respect of the underwriting side of the business the user can currently obtain an instant quotation, arrange immediate cover and print off their own policy documents.

We felt that whilst many providers were purely concrerating their efforts on increasing their market share by lower rates and higher levels of commission we would approach this proposition from a different angle and ensure that our policyholders only recieve the best levels of service in their time of need. We hoped that would further our reputation and market share by word of mouth.