Specialist Home Insurance
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Magnet Home Insurance
Magnet Insurance was established in 2008 and is located in the Nottinghamshire town of Newark. The company primarily offers home insurance, but does also provide travel, personal accident, and other insurance products. They work with underwriters to find affordable insurance for personal and commercial customers, aiming to find policies that are tailored to each specific, individual need. Magnet can accommodate a range of home types under its insurance, in addition to ‘standard’ properties, such as unoccupied properties, let properties, holiday homes, and other non-standard houses.
Magnet offers both buildings and contents insurance which provide cover for a number of situations. The policies protect the customer against any losses or damages caused by floods, storms, vandalism, civil commotion, landslip, fire, and other unpredictable events. In addition, Magnet’s home insurance may also include cover for some accidental damage, alternative accommodation costs, public liability, cover for freezer food, and trace and access cover. Individuals who want extra protection can choose to purchase some optional cover extensions from Magnet. These may include further accidental damage and personal belongings cover for when items are taken outside the home.
Owners of ‘non-standard’ homes, such as listed buildings and barn conversions, may be able to find insurance from Magnet as the company has access to a number of specialised insurers. As well as insuring different types of properties, Magnet also aims to accommodate individuals with a more difficult history. For example, they try to find competitive cover for those with a history of making claims, unspent convictions, high risk occupations, and a troubled financial background.
Services offered by this provider may change over time. Always check Ts&Cs.
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