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Car and House Insurance Policies and Redundancy

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I'm two weeks away from being made redundant :eek: and I'd like some advice on what I should do about my car and house insurance policies?

Does anyone have knowledge of whether my premiums might increase or decrease due to being unemployed?

TIA PennyPenny x
I used to have a HUGE mortgage, but it's all gone now :T :beer:

I'm really good at SAVING money......

Comments

  • marlot
    marlot Posts: 4,966 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Unfortunately, the premiums rise typically.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Car. IME.
    Unemployed they tend to go up.
    House person they tend to go down.

    House should go down as you can say you are in more.
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Depends if you can be bothered to tell them.
    Some insurers (Direct Line & The Co-Op spring to mind) will not up the price if you are unemployed.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

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