Sheffield-based insurance wholesaler Lexelle Limited has expanded its range of products for landlords.
Landlord investment in residential property has continued to rise over the past few months according to figures released by the Association of Residential Letting Agents (ARLA).
Potential disputes between landlords and tenants and tougher regulation for the industry have increased the need for landlords, and tenants, to have the right insurance in place.
Lexelle, with over 20 years experience sourcing niche insurance products for personal and commercial lines brokers, now has a wide range of products to offer brokers who sell policies to landlords.
Lexelle can offer residential landlord legal expenses insurance on its own and with rent guarantee.
The company can also offer commercial landlord legal expenses insurance, emergency cover, boiler service, gas safety inspection and a variety of excess protection covers.
For those brokers offering tenants personal possessions cover, Lexelle can provide a tenant’s legal expenses cover and a tenant’s liability policy which covers any accidental damage to the landlord’s property, furnishings, fixtures and fittings up to a limit of £2,500.
Sales director Mike Brown said: “At Lexelle we are constantly seeking to improve and update our portfolio of added value products for personal and commercial lines brokers.
“Increased investment in the buy-to-let market means there are more and more landlords who need the right levels of cover and protection.
“Landlords increasing their property portfolios are also increasing their liabilities.
“Through Lexelle’s wide range of policies for landlords, we can help brokers offer a full quality service which gives the highest levels of protection and peace of mind.”
For more information visit www.lexelle.com call 0114 2493300 or email assist@lexelle.com
Notes to editors
1. Lexelle Limited based in Sheffield are an experienced insurance wholesaler sourcing niche insurance products, offering flexible schemes and tailoring individual products to suit broker’s needs. All of Lexelle’s products are underwritten by reputable UK insurers.
2. Lexelle are currently working with an extensive list of market leading insurance brokers both in the UK and Republic of Ireland.
3. Lexelle are proud to sponsor four top motorcycle riders – Isle of Man TT legend John McGuinness, Taylor and Tarran Mackenzie, sons of three-time British Superbike champion Niall Mackenzie, and exciting Scottish youngster Callum Bey. For more information visit www.lexelle.com/category/motorcycle-racing-sponsorship/