Tricky Home Insurance

aamadami

Hello everyone,

I took home insurance with my morgage around 13 years ago. I paid all my morgage three years ago. I have not paid any money for home insurance after that.

couple of days ago I called them and they said I stil have home insurance with them. how is it possible.

for some reasons I do not want to clarify with them. does anyone know how does it work? my morgage term was for 16 years and I have paid all morgage in 10 years.

do i get 6 years free insurance or they have made a mistake? shall I take new home insurance incase if they realise their mistake later on.

lisyloo

They have probably made a mistake.
Have you had documents from them each year?

huckster

Check your banks statements for a Home Insurance Direct Debit. They don't include the payments within the mortgage repayments amounts anymore. This stopped many years ago. With most mortgage companies, they have outsoured their Insurance to an outside company.

Which mortgage company were you with ?

aamadami

I am sure it's mistake. I wil ask them to send me latest documents.

i have checked statement nothing has gone for long time. no direct debit set up as I used to pay cash.