Co-op Insurance has introduced a new renters insurance product in collaboration with Urban Jungle, aimed at providing enhanced value and protection for renters.
This product, specifically designed for home renters, offers customisable coverage ranging from £10,000 to £50,000, with policies starting at £5 a month. Co-op member-owners can also benefit from a 5% discount.
The insurance covers risks such as fire, weather damage, theft, accidental damage, and tenants liability as standard features.
Renters have the option to add cover for personal items outside the home and for accidental damage caused by pets.
Charles Offord, managing director of Co-op Insurance, said: “We’re so happy to announce the launch of our new renters insurance product, as part of our new partnership with Urban Jungle.
“At Co-op Insurance, we’ve seen that renters can often be overlooked, leaving themselves at risk of having no protection or presented with repackaged home insurance policies that are not flexible and don’t suit their needs.
“As such, we’re thrilled to be able to provide our member-owners and customers with a product that specifically works for them, making a difference to their lives and supporting them through every stage of their journey.”
Jimmy Williams, CEO and co-founder of Urban Jungle, added: “At Urban Jungle, we’re on a mission to make insurance fair. We’re excited to partner with Co-op to provide their customers with digital-first, truly flexible insurance created for renters’ needs.
“It’s great to work with a brand like Co-op, who have such strong values which align with our own. We look forward to working with Co-op on helping more customers to get insurance that’s better tailored for their needs.”
