Any experiences with Homelet or Alan boswell

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    Any experiences with Homelet or Alan boswell

    Hi all,
    Having had a near water damage issue following the installation of a new boiler in one of my 3 purpose-built leasehold rental flats, I have finally woken up and come to the realisation I need landlord insurance. Given that you only find out how good an insurer is when you try and claim, I'm looking for someone who has a good track record in the latter regard. DirectLine keeps getting mentioned, but because 2 of the flats are close to a canal, they are unable to cover me. As such, the above 2 companies seem the next best options to me and I wondered if others had any experiences with them? The first is underwritten by Ageras and the latter by a branch of the Salvation Army (SAGIC). Within the context of a portfolio, they are both quoting around £50 per flat for 5 million public liability and £10,000 contents (with a £250 excess), which seem very good value based on the figure of around £100 I have frequently seen on this forum.

    Also, given this is the first time I have insured the flats, I have no idea how much contents cover I should ask for. They are all 2 bed flats. One has 2 bathrooms. They are all unfurnished bar a full complement of kitchen appliances and all have average quality fixtures and fittings. As I said above, the quotes for contents I have had are for £10,000, which seems a bit on the low side in the event of a complete disaster that I have to claim on my insurance for (at least one of the flats buildings insurance doesn't cover damage to my own flat in the event of a plumbing issues within the flat):ie. 1 or 2 new bathrooms, a new kitchen, new kitchen appliances, carpets and redecorating. I also hear that some insurers will void claims if they think the contents have been under-insured, so want to make sure I get my figures right. Could I ask other flat owners how much insurance they have taken out?

    Thanks in advance!


    #2
    Hi Brian
    Homelet and Alan Boswells are very reputable organisations and indeed they have access to the vast majority of Insurers and their quotes can indeed be very competitive, having said that it is incumbent upon you to ensure that they actually Re-broke the cover each year rather than relying on their assurances of the policy being competitive, never any harm in getting alternative quotes and if you find a better quote on renewal then ask why they didn't do the same particularly as they receive at least 20% commission on premiums paid , so make them work for you and not just themselves.

    Comment


      #3
      Hi loanarranger,
      Thanks for your response and your wise words regarding renewal! I will make sure to re-broke any policy in future years.

      Note that, as with Homelet, I see that the RLA's policy is underwritten by Ageas, so that adds further credence to their offering.

      kind regards.

      Comment


        #4
        Might I suggest that you investigate UInsure, they provide quotations with DeFacto accreditation to enable you to understand how good specific cover is

        Comment


          #5
          We have just taken out insurance with Alan BOSWELL for our flat. We found them very helpful, not pushy at all and well priced offering us a policy with Covea covering landlord contents, fixtures and owners liability.

          kind regards.

          James

          Comment


            #6
            I would never question their professionalism but please on renewal do not take the quote as being the best,.

            Comment

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