SAGIC Landlord Insurance
SAGIC (Salvation Army General
Insurance Corporation) is a relative newcomer into the landlord
insurance market, however they have been insuring property for
their members for many years.
It is a captive insurance
company, originally started by the Salvation Army to insure their
own property, but is now branching out into the general insurance
Since the company is a highly
ethical one, it is unlikely to commence offering products through
What we like
The company has shown itself to
be flexible in underwriting specific risks that fall outside the
ambit of traditional landlord and unoccupied property insurance. It
has appreciated the different types of tenancies and provided cheap
landlord insurance rates for the whole gamut, including unoccupied
or owner-occupied homes. Being able to speak to underwriters to
discuss cases has enabled us to offer a more comprehensive service.
What we are looking for in the
The policy being used for
landlord (and unoccupied property) insurance is based on their
traditional household policy. Production of a policy tailor made
for the landlord insurance market would help the company establish
a firmer presence (but would restrict the flexibility currently
available for switching between schemes e.g. going from a landlord
policy to an unoccupied property insurance policy).
all our landlord insurance policies
to find the cheapest landlord insurance available
Insurance at Portwood's
have specialised in landlord insurance both online and offering
advice, offering a range of cheap landlord insurance policies with
own SAGIC landlord insurance scheme (not available elsewhere) is
extremely competitive (compare the premium above). In addition it
offers a wide range of benefits and flexibility.
all types of tenants, from professional lets to student bedsits
to DSS, to asylum seekers
damage by long-standing tenants covered.
standard excess (£75 no matter what class of tenant)
discounts for increasing the excess to £150 or £250 (often
standard excesses found elsewhere).
discounts for policyholders with proven experience as landlords.
damage to fixed pipes, glass, hobs, sanitaryware
increase to full accidental damage (for all types of tenancies
and unoccupied property)
change e.g. changing from an unoccupied property to a buy to let
property to an owner occupied property as circumstances change
Access cover e.g. if emergency services have to force entrance to
cover for purchasor if you sell the property from exchange of
contracts to completion
to properties located in flood or subsidence areas, especially if
appropriate risk-management has been implemented since claims.
benefits do not meet your requirement for landlord insurance then
either use the comparative landlord insurance quote system (above)
or call us to discuss your needs.
Insurance is one of many of our products. Above all we aim to help
our customers in all aspects of insurance.