Berkeley Alexander launches B2L insurance product

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Berkeley Alexander is launching buy-to-let landlord insurance that also covers unoccupied properties.

The cover is underwritten by Ergo Versicherung AG, part of the Munich Re Group.

Berkeley Alexander managing director Geoff Hall says: “The demand for landlords’ insurance remains high as landlords continue to increase the size of their portfolios and new landlords enter the market.

“Periods of unoccupancy go hand in hand with buy-to-let property and yet finding cover that also includes cover for unoccupied periods has long been an issue for brokers.”

The new insurance will join other policies on Berkeley Alexander’s quote-and-buy system from Axa, Covea, Modus, Towergate and Zurich.