British Gas partners with Covéa Insurance to plug the rental insurance gap

27 July 2021

British Gas

Charlie Weston

Renters bundle will provide tenants with a one-year fixed energy tariff and home insurance contents cover for up to £20,000
British Gas is the first energy company to offer a combined energy and insurance deal

With up to 50% of UK tenants without contents insurance, British Gas has launched a hassle-free combined energy and insurance deal.

Research shows that there is a tenant misconception on who’s responsibility the insurance is leaving renters vulnerable to risk.

Working in partnership with Covéa Insurance, British Gas is the first energy company to offer a combined energy tariff and contents insurance package. The renters bundle is a one-year fixed tariff which includes contents insurance (£20k max cover and £1000 for individual items). Customers can contact us for more information.

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About British Gas

British Gas is Britain’s leading supplier of energy and services and the country’s biggest retailer of zero carbon electricity. We are part of Centrica, a company founded on a 200-year heritage of serving people. We provide energy and services to over 7 million UK homes and businesses, supported by around 7,500 highly trained engineers and technicians. We also offer a range of innovative products and services, including Hive and our on-demand digital trades service, Local Heroes. Our purpose of helping customers live sustainably, simply and affordably drives our strategy and our People and Planet Plan.

About Covéa Insurance

Covea Insurance Plc is the UK underwriting business of leading French mutual insurance group Covéa, who are number 1 for property and liability insurance in France, generating over 16.6 billion Euros in premiums in 2020.

Covéa Insurance looks after the insurance needs of over 2 million policyholders; delivering financial reassurance through its Standard & Poor’s ‘AA- stable’ rating, as a guaranteed subsidiary of Covéa.

The company offers motor, household, protection, pet, mid and high net worth insurance and a range of commercial insurance products, through a range of distribution channels.

Employing over 1900 people, Covéa Insurance has a strong people and service ethos. It holds ServiceMark accreditation with Distinction for its Personal Lines operation and its Commercial & HNW Claims teams, as well as Chartered Insurer status for its Commercial business. Covéa Insurance is signatory to the HM Treasury Women in Finance Charter and the insurance Inclusivity Pledge and has been named one of the top 75 employers in West Yorkshire & the Humber.

Recently, Covéa Insurance has been named as the Best Place to Work in Digital (Large Organisations) at the Digital Technology Leaders Awards and as the Best Employer at the Yorkshire Financial Awards. They were also recipients of the High Net Worth Product of the Year Award at the Insurance Times Awards, the Staff Empowerment Award at the Diversity & Inclusion in Insurance Awards, and the Diversity Award at the British Insurance Awards.