Can you help me understand?

MicheH

I am currently 'stuck' with LloydsTSB home insurance. As I'm bankrupt I cannot find an insurer who will allow me to have a policy paying by monthly installments.

I was really happy with a quote from the Coop but they declined me as I was bankrupt.

My question is..

Are they declining me as I am now a bankrupt (i.e. will I have a better chance after AD?)

or

Are they declining me because I have bankruptcy on my file and will continue to struggle with being accepted for installments for another 5 years?

Your feedback is very much appreciated as always.

dojoman

Have you tried the gocompare website for any quotes?

curly04

PM fazle - he is a broker

MicheH

I have dojo, thank you. Many will accept me as a bankrupt but when i try to buy 'computer says no' because of the bankruptcy - they want payment in full and not by installment

dojoman

Is it just for contents? or for buildings as well?

MicheH

Just for contents dojo. I am not covered for accidental as LloydsTSB wanted £43 a month for it. i can get contents with accidental else where for about £20 but can't afford the couple of hundred up front.

dojoman

Right, hope you get something sorted soon, I never had a problem with the gocompare site, gave me about 8 possible quotes and was still able to pay by instalments, wonder if they are tightening up on BR`s ?

Falze

Stop using banks for Insurance.....lol

I wouldn't do my banking at an Insurance Company.....lol

Try ringing a local Insurance Broker, they will be able to advise you correctly, as long as you declare BR to them.

The premium will probabley be under £250, so no credit check will probabley take place for the monthly instalments.

Stick Local and save the local Insurance Brokers !!!!

MicheH

Falze wrote: »

Stop using banks for Insurance.....lol

I wouldn't do my banking at an Insurance Company.....lol

Try ringing a local Insurance Broker, they will be able to advise you correctly, as long as you declare BR to them.

The premium will probabley be under £250, so no credit check will probabley take place for the monthly instalments.

Stick Local and save the local Insurance Brokers !!!!

I had everything with LloydsTSB - they now hate me and I now hate them.. itching to leave.

I wouldn't know where to find a local broker, used to be one where my mam lives but not there anymore. If I look in town i'm sure i'd find one. Thank you Falze Curly said you would help.

Dojo, I might have used the other one, meercat one. I'll try gocompare and will not touch banks! Falze if I find a company that will insure me can I PM you to see if they're in cohoot with a bank? and what you thinkof the company?

MicheH

Oh Falze, been with Lloyds for years. I should be able to leave when I please shouldn't I. Not be hit wih any cancelling charge. Think i'll ring them. Oh no, not the lloyds customer service