More time to pay
An introduction to monthly payments
Today I’m pleased to announce an important new payment option at Urban Jungle. I mentioned 2 weeks ago, when we announced our direct authorisation from the FCA, that one of the main benefits of getting directly regulated was for us to be able to launch monthly payments, and I’m delighted to be able to launch them so quickly.
Lots of our customers end up buying their home insurance at some point near a home move. We know from experience that cash can be a bit tight when that happens. Your old landlord has your old deposit, your new landlord already wants your new one, plus some rent upfront. You’re paying moving costs, plus maybe needing to add some furniture. Buying home insurance can seem like a couple of hundred quid too far.
That’s why I’m pleased we can add the option to pay monthly. This allows our customers to spread the cost of purchasing cover over the year, and moves lots of the expense away from the time of your home move. Thanks to our pretty cool policy on renewals, you’ll also more than likely find that you can keep this payment going monthly at renewal time, without any increases, or needing to get in touch with us (unless you want to, in which case we always love it when you say hi!)
How it works
It’s pretty easy to take up the monthly option. We’ve set it as our default, because lots of customers have been asking for it, so you’ll find the initial prices and options you see will always be priced monthly.
As you can see from the above example, it’s pretty easy to customise your monthly quote once you get it, and adding out-of-home cover for things like your phone and bike is super easy, and usually really cheap too.
If you prefer, you can still pay annually, and save 10% for doing so, by just selecting the ‘Pay Annually’ button on the checkout page.
Sometimes (as is the case in this example), you get a discount for adding more than 1 extra item. We always run a re-quote before you buy to make sure we get you the absolute cheapest deal for the amount of cover you’ve selected. The benefit of adding multiple items is captured in the ‘buy now discount’.
(Top tip: if you have a friend who is already an Urban Jungle customer, hit them up for a referral code and apply it on this page to get an even better discount!)
We hope you find this new feature helpful. We’ve launched it alongside a pricing model rejigg, so now is a great time to get a quote. Also remember that our policies are super flexible, and you can cancel or make changes for free at any time. Paying monthly makes that even simpler.
If you have any questions or comments on the new feature. Don’t be afraid to get in touch!
About Urban Jungle
Urban Jungle is an insurance provider 100% focused on providing home cover for renters. We negotiate great terms and cover levels from insurers, for cover designed specifically for the way our customers live. We also use technology throughout our business to make insurance much easier to buy and manage from your smartphone, and to keep costs low.
To find out more, or to get a quote, visit our homepage.