Home insurance post bankruptcy

Tigger1983

Hi all, does anyone know any companies who are willing to ensure a discharged bankrupt? I've been on the comparison websites and very few of the companies will actually give me a quote, the only one that will is about twice as much as I would expect to pay. I was discharged in 2009.

Thanks,

Tig.

Mouse1812

Direct Line and Churchill don't ask, not had a problem with either and current claim being met without fuss

tiggerbodhi

Tesco's online do not ask the question, had no problem with them as an undischarged BR

shedhead55

I changed to Churchill just before my partner went BR and saved about 30% on what I was paying on an already competitive (but not BR friendly) policy. That did include an introductory discount and a further discount from having car insurance with them but also led to a discount on the car insurance renewal. The policy is almost due for renewal so I'll have to wait and see what they quote, not that I have a lot of choice with a (now discharged) BR in the house.

CanItGetWorse

I've got mine with the Co op but I got my renewal today and it's more than last year, despite no claims and now being discharged :huh:

So lurking to see suggestions!

curly04

dont go to bradford and bingly been with them years no claims i went BR almost 3 years ago and they knew that and to do they have just refused to give me renewal terms

Gone to Moorehouse Insurance brokers - very helpful and cheaper

watcher27

Mouse1812 wrote: »

Direct Line and Churchill don't ask, not had a problem with either and current claim being met without fuss

Thats intersting.
I'm currently with Direct Line and was Bankrupt in Jan, my renewal is up, but they have doubled my premium from £291 to £575 and wont let me pay monthly

4$£&*(£$&*(!

This thread should provide some help who provide cover to bankrupts:

https://forums.moneysavingexpert.com/discussion/3289126

Also please consider taking the time to lend your support to another thread where I am trying to tackle this issue once and for all:

https://forums.moneysavingexpert.com/discussion/1854585

Done

tiggerbodhi wrote: »

Tesco's online do not ask the question, had no problem with them as an undischarged BR

Tesco's do ask now ;-(

https://generalins.tescobank.com/tesco/quote/rtp/hc/disclaimer.page?PolicyType=HC&CompanyName=tesco&brandName=rtp

tiggerbodhi

Oddly they do for Home insurance but not for Pet insurance, guess they feel people with dogs are more trustworthy as BR's.. Nationwide do not ask and have trawled the policy document for any referene to BR and there isn't any so could be worth a punt.

Considering Insurance is about risk, what makes a BR more likely to claim than a non BR? if anything technically we could be seen as lower risk of defaulting on the premiums if that is what they are worried about as we cannot ramp up other debt.

4$£&*(£$&*(!

tiggerbodhi wrote: »

Tesco's online do not ask the question, had no problem with them as an undischarged BR

Be careful, although they may not ask the question outright they may make an assumption bankruptcy is not a factor and say you agree to their assumptions - or it may be mentioned in their terms and conditions. If a company doesn't ask it's always safest to contact them and mention it anyway as it's better to find out you are not eligible for cover at this stage rather than find out your cover isn't valid when you need to make a claim.

Others have found Tesco aren't BR friendly for home insurance unfortunately. Lend your support by tweeting @huwevans71 and @BritishInsurers to tell them insurers shouldn't ask about bankruptcy forever, after so many years they shouldn't ask at all. That's one way how we can change things.