Co-op insurance launches new renters product with Urban Jungle

Co-op Insurance has launched a new renters insurance product with insurance startup Urban Jungle.

Monthly premium starts at £5 and policyholders can receive up to £50k in coverage. Renters can customize their policy with optional add-ons, including out of home cover for personal items and accidental damage caused by pets.

“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.” – Charles Offord, Managing Director of Co-op Insurance.

“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.” – Jimmy Williams, CEO and Co-Founder of Urban Jungle.