Nah, having to pay a deposit equal to one months rent plus £200 as well as this. They’re trying to push Legal4Landlords as the insurer so I’m assuming they’re making a commission out of it 
(Anyone who has done references through L4L, you’ll know why I’m really not keen on using them as the insurance provider)
They’re also not accepting that we can increase our own contents insurance limit. They keep coming back to the example of if the kitchen sink was damaged then we wouldn’t be able to claim insurance on it. Personally, I think I would really have to put an effort in to damage a kitchen sink but seems like they’re not really budging.