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Enter e-Mail address below for updatesEstate Agent and Letting Agent Insurance
This is a broad term which is the widest insurance cover that you can purchase. It`s probably not what you would normally think of as an `accident` as it is really referring to incidents beyond your control, fortuitous or just not deliberate. You some times see this on `Motor Insurance` policies where the cover is not as wide as `Comprehensive`.This is a generic term for a collection of covers that are available only as a standard group. They are usually designed to meet most of the insurance requirements of specific trades or groups of people. Due to their structure they have a simple a quick rating method allowing for a fast turnaround of documents. Packages tend to be `property lead` in that the presumed exposure to Liability claims is low thus they are not generally suitable for high risk occupations. This is a generic term for a collection of covers that are available only as a standard group. They are usually designed to meet most of the insurance requirements of specific trades or groups of people. Due to their structure they have a simple a quick rating method allowing for a fast turnaround of documents. Packages tend to be `property lead` in that the presumed exposure to Liability claims is low thus they are not generally suitable for high risk occupations.By combining your Office Package Insurance and your Professional Indemnity [PI] cover you could benefit by lowering your total insurance cost. Not only can you save by using our Insurance Package but with premiums starting from as little as £410 [or £270 without the PI cover], rating reductions of up to 25% and our 4 new area rating districts with discounts of up to 30% - all with no reduction in cover – there has never been a better opportunity for you to benefit from our expertise.
Package Insurance for Estate and Letting Agents is normally based around and Office Insurance Package with covers designed to meet the needs of most premises where there is little or no manual work undertaken away from the premises.
These types of business do differ from some service industries, however, in that quite often they can have a liability for ‘sale’ or ‘to let’ signs placed on buildings that they manage.
In addition Professional Indemnity Insurance is often required as an additional cover to insure them against errors or omissions but quite often this dealt with under a separate policy with different underwriters. For more information on Professiona Indemnity Insurance please vist the Professional Indemnity page on the left.
Our approach to this is to provide an option to include Professional Indemnity Insurance as one section of our Estate and Letting Agents Insurance Package thus reducing administrative costs and passing the savings on to you.
Under this policy we tend to promote cover on an ‘Accidental Damage’ basis covering
- Your Contents
- Business Interruption
- Book Debts
- Increased Cost of Working
- Damage to internal and external fixed Glass Blinds and Signs
- Theft of Keys and Locks Replacement
- Loss of Money in transit or in a locked safe overnight
- Goods In Transit
- Public and Products Liability
- Employers' Liability - £10,000,000 limit of indemnity
- Personal Accident (Assault)
- Legal Expenses
- Rent and Lease Payments
- Loss of Metered Water
- Damage to Landscape gardens
- Temporary removal of documents
- 24 hour Legal Helpline
- Index Linking
With potential Optional extensions for:-
- Professional Indemnity
- Buildings
- Accidental Damage on Buildings
- Subsidence
- All Risks on Portable Property
- Terrorism
- Theft by Employees
- Electrical or mechanical Breakdown of Equipment
- Computer Breakdown
