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Home insurance
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hodge263
Posts: 39 Forumite
Hi all,
Can any of you recommend an insurer for buildings and contents insurance? Lots of the websites I have been on state that I cannot get a quote if I have ever been bankrupt. It is 6yrs+ since I filed for BR.
Applying for a mortgage at the moment so hoping to share a success story on here soon! Fingers crossed.
Thanks
Can any of you recommend an insurer for buildings and contents insurance? Lots of the websites I have been on state that I cannot get a quote if I have ever been bankrupt. It is 6yrs+ since I filed for BR.
Applying for a mortgage at the moment so hoping to share a success story on here soon! Fingers crossed.
Thanks
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Comments
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Hi all,
Can any of you recommend an insurer for buildings and contents insurance? Lots of the websites I have been on state that I cannot get a quote if I have ever been bankrupt. It is 6yrs+ since I filed for BR.
Applying for a mortgage at the moment so hoping to share a success story on here soon! Fingers crossed.
Thanks
Another downside to bankruptcy that they don't tell you about. I applied for business insurance last year. I had to pay £1200 when it should cost about £450.
Good luck on the mortgage.0 -
Thanks very much. It’s outrageous isn’t it, it never even occurred to me that I would have trouble finding insurance.0
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Thanks very much. It’s outrageous isn’t it, it never even occurred to me that I would have trouble finding insurance.
Outrageous? Probably not. Insurance premiums are risk-based - or at least they are supposed to be. You'll need an underwriter to properly explain why people who have been declared bankrupt represent a higher risk for certain types of policy but some of the higher premiums will be the result of the fact that insurance companies don't want business from certain demographic groups and therefore price their policies accordingly.0 -
Hi
I must admit I’m quite surprised at this, I used compare the meet cat and it did ask and I ticked yes. I still got over 40plus quotes and set up the cheapest no problem.
I have also never had any problem getting business insurance and I set up with Hiscox last week and wasn’t even asked.
Who have you tried?0 -
Churchill don't ask about BR
BBC WatchDog “if you are struggling with an unfair parking charge do get in touch”
Please then tell us here that you have done so.0 -
Thanks. I have been worried about getting lots of quotes in case footprints are left on my credit file so I was hoping to get advice for specific companies to try and this is helpful.
I don't need an underwriter to explain anything to me - I understand that people are classed as a higher risk having filed for bankruptcy. However a lot of us end up in this situation due to the actions of others and I find it frustrating to continually encounter problems years down the line. Thanks for your input.0 -
It won’t make any difference it’s a soft search that only you and the credit company can see. It makes no difference to your credit file at all. If you are that bothered put in all your details but a fake name. You will see it doesn’t make any difference to the quote.0
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Thanks will give that a try!0
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