Home Insurance when property for sale

supernothing

Hello

Our house is currently for sale but we are still living in it. Our buildings/contents insurance is up on the 23rd November, I've just cancelled our renewal as it had gone up by £6 a month.

A few companies I've asks for a quote have refused as the house is up for sale and we'd have to cancel the policy mid term as likely to move before the policy end date.

Does anyone know how to get around this? Are there particular companies that don't ask this or do I pretend it's not for sale?

vaio

did they actually ask or did you volunteer it?

societys_child

Whenever I've moved, I took the insurance with me - ie the insurance was transferred to the property I moved to.

DaleJain

Hi,
Whenever I've moved, I took the insurance with me.

rs65

supernothing wrote: »

and we'd have to cancel the policy mid term as likely to move before the policy end date.

Why? Just change address on the policy.

*Scarlett

You'll find that some mainstream insurers may decline cover for a property on the market.

However it is up to the insurer to ask you the question regarding this - it's not up to you to tell them. The onus is on the insurer to ask any relevant questions.

The other issue you now have is that you have had quotes declined. Most insurers will ask about this & many don't have a problem if cover was declined at quote stage - eg they may not cover your postcode, hri limits, etc (but they may then ask why the q was declined and you would have to disclose that the property was on the market which could result in a further decline if they can't cover).

Although it's unpalatable you might be better going with your original insurer even at the extra £6 p/m . (If you are moving soon then it might not be too much extra cost.

As you have already told them to lapse the policy you would need to ring them and tell them you've changed your mind, eg you like their customer service or cover levels or something and hopefully they will reinstate the renewal. But do check the t&cs on the policy that you have in case it states that you should notify them if the property is for sale.