APC rolls-out estate and letting agent product

APC has rolled out specialist cover for estate agents and letting agents to its entire agency base.

The product, which was initially developed as a scheme, provides letting and estate agents with a policy combining property, liability, legal expenses and professional indemnity cover.

Until now these insurances had to be sourced separately but, by providing a broad range of cover under a single policy, businesses can avoid multiple renewal dates with various providers. It is also APC’s first on-line package policy with a professional indemnity extension.

The product is now available on APC’s on-line trading platform QuoteMac.

APC underwriting director Ian Russell said: “Owners of letting agents and estate agents are very busy people as the credit crunch has both increased demand for flats and houses to rent and made it difficult to sell properties.

"By rolling out this specialised product to our entire network we intend to work with our brokers to provide these time-poor businesses with the flexible and hassle free cover they need.”