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Contents Insurance When Staying with Friends
Molehill
Posts: 41 Forumite
My partner and I have just moved in with two good friends of ours who own their property (well mortgaged). Now as we plan to stay for a few months we will pay something for living there.
While previously renting I had our home insurance from Endsleigh for around £120 a year. Now I have looked briefly in to it and most insurance companies consider this a special circumstance and don't seem interested or they quote a ridiculous figure like £400. It just seems odd that we move in to a property that is much better secured, with an monitored alarm and with two people we know very well yet insurance companies seem uninterested.
Am I better off trying to get mine and my partner's stuff insured through our friends' policy? or am I missing a more reasonable insurer? Also if we didnt pay rent would this change anything?
While previously renting I had our home insurance from Endsleigh for around £120 a year. Now I have looked briefly in to it and most insurance companies consider this a special circumstance and don't seem interested or they quote a ridiculous figure like £400. It just seems odd that we move in to a property that is much better secured, with an monitored alarm and with two people we know very well yet insurance companies seem uninterested.
Am I better off trying to get mine and my partner's stuff insured through our friends' policy? or am I missing a more reasonable insurer? Also if we didnt pay rent would this change anything?
0
Comments
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Just get your friends to tell their insurers that you are living their temporarily and getthe level of cover increased to include your possessions, and then just pay the difference. I can't see it being more than £50, if anything.Eat vegetables and fear no creditors, rather than eat duck and hide.0
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Just get your friends to tell their insurers that you are living their temporarily and getthe level of cover increased to include your possessions, and then just pay the difference. I can't see it being more than £50, if anything.
This may/may not work. Most policies will cover belongings/possessions owned by the policy holder, Not those owned by others (eg guests), so check carefully.0 -
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Turned out Endsleigh were able to add us to our friend's policy for £200 more. Although it is still too much, it is considerably better than any other quote I could find. Would have preferred to be on our own policy but insurers don't like people sharing properties it seems.0
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