Virgin Money re-enters home insurance market with new products for homeowners and landlords

Insurance
09/10/2024 News

Virgin Money has returned to the home insurance market with new offerings for homeowners and landlords, partnering with insurtech firm Uinsure. This collaboration provides customers with a fast, simple, and competitive insurance solution.

Using Uinsure’s technology, Virgin Money customers can receive a 5 Star Defaqto rated insurance quote in just 30 seconds by answering a few basic questions. This quick, market-leading process tailors coverage to individual needs while ensuring high-quality protection.

Key features:

• Generous coverage: Standard coverage includes £1 million for buildings and £75,000 for contents.

• Quick quote process: Customers can obtain a personalized quote in as little as 30 seconds.

• Competitive pricing: With a panel of insurers, Virgin Money offers competitive pricing without compromising on quality.

• Automatic re-broking at renewal: At renewal, customers automatically receive the best price, saving time and money.

• No hidden fees: Transparent pricing means no fees for cancellations or mid-term adjustments.

The insurance products are available online, with phone options for those without internet access. Virgin Money’s partnership with Uinsure ensures customers get the lowest available price, simplifying the process of renewing or purchasing insurance.

Graeme Sands, Head of Personal Banking at Virgin Money, said, “Our innovative home insurance product offers simplicity, quality, and transparency, with competitive pricing and a quick, 30-second quote journey.”

Virgin Money’s re-entry into the home insurance market brings a convenient, value-driven solution to homeowners and landlords, offering comprehensive coverage with minimal hassle.

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