PriyaPatel
TLDR:
- Co-op Insurance has partnered with Urban Jungle to launch a new renters insurance product designed specifically for home renters.
- The insurance allows customers to customize their coverage from £10,000 up to £50,000, with policies starting from just £5 a month.
In a new collaboration, Co-op Insurance has introduced a renters insurance product in partnership with Urban Jungle to cater to the unique needs of renters. This customizable insurance product offers coverage ranging from £10,000 to £50,000, with policies starting at an affordable price of £5 per month. Customers, especially Co-op member-owners, can benefit from an additional 5% discount on their premiums. The insurance covers various risks such as fire, weather damage, theft, accidental damage, and tenants’ liability as standard, with options to add cover for personal items and accidental damage caused by pets. The policies are designed to be simple, flexible, and affordable, with monthly rolling plans at no extra cost.
This new product launch underscores Co-op Insurance’s commitment to meeting the evolving needs of its customers, particularly those in the rental market. Urban Jungle’s expertise in providing digital-first, flexible insurance solutions complements Co-op’s values, ensuring that renters have access to tailored insurance products that suit their individual requirements. Charles Offord, managing director of Co-op Insurance, expressed excitement about the collaboration with Urban Jungle, highlighting the need to provide renters with insurance that meets their specific needs.
Urban Jungle’s CEO, Jimmy Williams, emphasized the mission to make insurance fair and to offer truly flexible insurance solutions tailored for renters’ needs. The partnership with Co-op aligns with Urban Jungle’s values, and both companies aim to provide customers with better-tailored insurance options. By working together, Co-op Insurance and Urban Jungle are striving to empower renters with the protection and peace of mind they deserve.
